Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Blackbaud, Inc.    BLKB

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

BLACKBAUD : Renaissance Acquires Donor-Advised Fund Platform

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/08/2011 | 02:10pm CET

INDIANAPOLIS, Feb. 8, 2011 /PRNewswire/ -- Renaissance Administration LLC, an industry leader in charitable gift design and administration, has acquired a Donor-Advised Fund business from Blackbaud, Inc, (Nasdaq: BLKB). The two companies have a history of working together in the charitable planning arena and will have an ongoing partnership throughout the transition and into the future.

"Based on our prior experiences in working with Renaissance, we are confident that this will be a seamless transition and will enhance the level of service to institutions," says Vincent Prajka, Vice President of Corporate Strategy & Development for Blackbaud. Elizabeth Packer Bassett, President and CEO of Renaissance adds, "This acquisition furthers our ability to grow our portfolio while expanding the exemplary service and knowledge we are known for throughout the industry."

Adding Blackbaud's Donor-Advised Fund platform to their own proprietary software for charitable gift administration means that Renaissance will now have the ability to offer charitable organizations a selection from multiple platforms based on the individual client's needs. Renaissance's focus on providing back office support and private label administration to community, religious and private foundations will benefit from the flexibility gained by this addition as will their retail clients.

Greg Baker, Lead Counsel for Renaissance and President of the Renaissance Charitable Foundation says, "Renaissance and Blackbaud have partnered to provide joint administration to this group of funds for over five years, so combining these services under one roof will have a streamlining effect on the process."

Renaissance has been building a reputation as a reliable charitable gift administrator since 1987. The Blackbaud Donor-Advised Fund program was previously known as Giving Capital and later Kintera Donor Advised Fund before being acquired by Blackbaud in 2008.

About Renaissance

Renaissance is a charitable gift administration company that focuses exclusively on gift administration, specializing in private label administration. Renaissance is now the premier provider of charitable gift design and administration services, and is the largest third-party charitable trust administrator in the United States. For over 20 years Renaissance has partnered with financial advisors, attorneys, accountants and others to establish more than 20,000 charitable gifts, including Charitable Remainder Trusts, Donor-Advised Funds and more. For more information, visit www.CharitableTrust.com.

If you would like more information on this topic, please call Gregg Nagel at (317) 843-5641 or e-mail him at nagelg@reninc.com.

SOURCE Renaissance Administration LLC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BLACKBAUD, INC.
01/19 BLACKBAUD : Luminate Online Catapults Nonprofits' Digital Marketing and Fundrais..
01/18 BLACKBAUD : Announces Date of Fourth Quarter and Full Year 2016 Financial Result..
01/12 BLACKBAUD : Total Solutions Help Organizations Boost Donations, Improve Producti..
01/05 BLACKBAUD : Total Solutions Help Organizations Boost Donations, Improve Producti..
01/04 THE BLACKBAUD INDEX : The Go-To Resource for Charitable and Online Giving Trends
2016 BLACKBAUD : Reveals This Year's Most Fascinating Philanthropy Stats
2016 BLACKBAUD : Reveals This Year's Most Fascinating Philanthropy Stats
2016 BLACKBAUD : Holder Properties Selects Balfour Beatty Construction to Build New B..
2016 BLACKBAUD : Announces General Availability of SKY API
2016 BLACKBAUD : #GivingTuesday 2016 Online Giving up 20%
More news
Sector news : Software - NEC
10:09aDJSAP : Lifts Outlook as Expanding Cloud Use Boosts Profit -- Update
09:54a SAP : eyes share buybacks while ruling out new mega-deals
07:40aDJSAP : Lifts Outlook as Expanding Cloud Boosts Profit
01/19DJORACLE : Snapchat to Enable Ad Targeting Using Third Party Data
01/19DJORACLE : U.S. Pushes for Fair Pay With 11th-Hour Suits -- WSJ
More sector news : Software - NEC
News from SeekingAlpha
2016 28 Stocks For December 2016
2016 Blackbaud goes ex-dividend today
2016 23 Stocks For November 2016
2016 Blackbaud, Inc. 2016 Q3 - Results - Earnings Call Slides
2016 Blackbaud (BLKB) Q3 2016 Results - Earnings Call Transcript