Blackbaud Highlights AI, Payments Growth and Buybacks at Baird Conference

Blackbaud executives discussed AI initiatives, payments growth and capital return strategies at Baird Conference. Chad Anderson, CFO, described Blackbaud as a cloud software company serving nonprofit markets. The company generates mid-single digit revenue with two-thirds from subscriptions. Jeff Klein noted Blackbaud's tools are mission-critical for nonprofit operations. Blackbaud focuses on fundraising software and financial solutions for nonprofits.