Blackbaud Supports Generation: You Employed to Advance Workforce Development and Economic Mobility
Blackbaud (NASDAQ: BLKB) announced a multi-year, six-figure Major Gift to Generation: You Employed to fund AI-driven curriculum development for workforce training and economic mobility.
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Rhea-AI Summary
Blackbaud (NASDAQ: BLKB) announced a multi-year, six-figure Major Gift to Generation: You Employed to fund AI-driven curriculum development for workforce training and economic mobility.
The donation will support integration of AI tools, employee volunteer opportunities, and accelerate global delivery of high-quality training to learners facing employment barriers.
Details
News Market Reaction – BLKB
On Jan 28, the day this news came out, BLKB closed 0.26% above the previous close.
Data tracked by StockTitan Argus for the Jan 28 session.
Historical Context
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Announced 12-startup Social Good Tech Accelerator cohort focused on AI tools.
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Outlined 2025 corporate philanthropy, major gifts, grants and volunteering efforts.
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Announced Anthropic partnership and Claude connector for nonprofit fundraising.
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Expanded stock repurchase authorization from $800M to $1B and detailed buybacks.
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Issued correction clarifying details of the expanded $1.0B repurchase program.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
AI-driven curriculum technical
AI-enhanced training technical
corporate social responsibility financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Partnership will leverage AI-driven curriculum innovation to help millions overcome barriers to meaningful employment worldwide.
Millions of people face barriers to securing stable, living-wage employment due to skills gaps, limited access to quality training, and rapidly evolving labor markets. Generation, a global nonprofit founded in 2015, exists to bridge this divide by equipping adults of all ages with the skills, support, and opportunities necessary to access meaningful careers.
"At Blackbaud, we are deeply committed to fueling meaningful change," said Margaret "Maggie" Driscoll, chief people and culture officer, Blackbaud. "Our partnership with Generation reflects our belief in the power of workforce development to transform lives and communities. By supporting innovative approaches like AI-enhanced training, we can help create sustainable pathways to employment for people around the world."
At Generation, we envision a meaningful career and sustained well-being for every person anywhere in the world," said Bonni Theriault, Chief Partnerships Officer of Generation: You Employed. "Blackbaud's multi-year gift will help us implement AI-driven curriculum development tools for our programs, accelerating the development of high-quality training and expanding access for learners worldwide. Together, we can create pathways to economic mobility that transform lives and communities."
Blackbaud's donation will be structured as a multi-year contribution that will help Generation integrate AI-driven tools into its curriculum development process, enabling the rapid creation and delivery of high-quality learning programs for learners globally to meet the needs of a fast-evolving labor market. This initiative aligns with Blackbaud's commitment to fostering inclusion and expanding access to economic opportunities for individuals facing financial, geographic, or systemic barriers. In addition, Blackbaud will offer opportunities for its employees to volunteer with Generation, further amplifying the impact of this partnership.
This gift builds on Blackbaud's AI leadership, including the launch of its AI Agent for Social Impact and the formation of the AI Coalition for Social Impact announced at bbcon 2025. These initiatives underscore Blackbaud's commitment to responsible AI innovation that empowers nonprofits, educational institutions, and social good organizations to achieve greater outcomes.
Blackbaud has previously given to Center for Disaster Philanthropy, Crisis Text Line, five organizations focused on supporting workforce development for underrepresented youth globally, the American Heart Association, and the International African American Museum. Learn more about Blackbaud corporate social responsibility at https://csr.blackbaud.com/.
About Generation: You Employed
Generation is a global nonprofit that believes in the power of employment to change lives. The organization trains and places adults into careers that would otherwise be inaccessible, and advocates to improve the workforce system for everyone. In the decade since launch, Generation has more than 145,000 graduates who have earned more than
About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world's leading provider of AI-powered solutions for social impact. Serving nonprofits, educational institutions, companies committed to corporate social responsibility, and individual change makers, Blackbaud propels impact at scale with the sector's most intelligent solutions for fundraising, nonprofit financial management, digital giving, grant making, corporate social responsibility, and education management. With the deepest expertise powered by the world's largest philanthropic data set, the most connected workflows, and the most powerful impact network, Blackbaud's solutions are building a future where resources are unleashed at the speed of need. Blackbaud has been recognized by Fast Company, Newsweek, Quartz, Forbes and more for AI innovation, responsible leadership and workplace excellence. Blackbaud has operations in
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media@blackbaud.com
Forward-looking Statements
Except for historical information, all of the statements, expectations and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.
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SOURCE Blackbaud
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