Blackbaud, RKD, Moore: News Brief for Nonprofits
Software and technology firm Blackbaud recently announced that they will be taking a $415 million charge in their fourth quarter of 2024. This charge is related to their educational EVERFI asset group, which has been underperforming. The company is considering various alternatives for EVERFI, including a potential divestiture of the business. Blackbaud’s CEO, Mike Gianoni, emphasized that despite this charge, EVERFI remains committed to supporting its customers and helping companies dedicated to social impact.
On another note, RKD Group has been selected as the new direct response fundraising agency of record for Feed The Children. This collaboration aims to drive long-term net revenue growth and support Feed the Children’s mission of ending childhood hunger. RKD Group will use data science, digital, and omnichannel efforts to create personalized fundraising campaigns to engage donors and build long-term relationships.
Additionally, No Kid Hungry has chosen Moore AudienceFirst Media to provide data-driven direct mail list brokerage, data analysis, and strategic list management services. Moore AudienceFirst Media will leverage their experience to help No Kid Hungry expand their donor base and acquire high-value donors. No Kid Hungry, a campaign of Share Our Strength, works towards solving hunger and poverty issues in the United States and globally.
These partnerships highlight the commitment of these organizations to making a positive impact and driving meaningful change in their respective areas of focus. Through innovative strategies and data-driven solutions, they aim to advance their missions and reach their goals.
