BLKB

Blackbaud, Inc.

A maker of cloud-based software for nonprofits, schools, and other "social good" organizations, helping them track donors, run fundraising campaigns, and manage finances with products like Raiser's Edge. Founded in 1981 when U.K.-born Tony Bakker, a New York bank employee, answered a newspaper ad from a school seeking a student-billing system and built the software in his spare time. The name is a pun blending "blackboard" (education) and "baud" (the speed of early telephone data).