Exhibit 99.1

Blackbaud, Inc. Announces Second Quarter 2013 Results

Announces Third Quarter 2013 Dividend

CHARLESTON, S.C. - July 31, 2013 - Blackbaud, Inc. (NASDAQ: BLKB), a leading global provider of software and services for nonprofits, today announced financial results for its second quarter ended June 30, 2013.

“Blackbaud generated strong second quarter results, with both revenue and profitability above the high-end of our guidance range,” stated Marc Chardon, Chief Executive Officer of Blackbaud. “We saw strong performance across each of our business units and we are seeing positive signs that our integrated product strategy is resonating with customers and having a positive impact on our pipeline of opportunities.”

Chardon added, “We see nonprofits across all sectors looking for ways to improve and increase their fundraising, and they are looking for powerful, easy-to-use technology that can help them meet their needs. We believe our best-of-breed offerings in both online fundraising and CRM position Blackbaud well to gain share in the multi-billion dollar nonprofit software market.”

Second Quarter 2013 GAAP Financial Results

Blackbaud reported total revenue of $125.5 million for the second quarter of 2013, an increase of 14% compared to $110.2 million for the second quarter of 2012. GAAP income from operations and net income were $14.3 million and $6.6 million, respectively, compared to a loss of $1.9 million and $2.3 million, respectively, for the second quarter of 2012. Diluted earnings per share were $0.15 for the second quarter of 2013, compared to a loss of $0.05 in the same period last year.

Second Quarter 2013 Non-GAAP Financial Results

Total non-GAAP revenue, including $0.3 million of deferred revenue write-down associated with the Convio acquisition, was $125.7 million for the second quarter of 2013, which exceeded the high-end of the company's guidance. Non-GAAP income from operations, which excludes the write-down of Convio deferred revenue, stock-based compensation expense, amortization of intangibles arising from business combinations, integration and restructuring costs, and CEO severance costs, was $26.4 million for the second quarter of 2013, up from $19.3 million in the same period last year and above the high-end of the company's guidance. Non-GAAP net income was $15.0 million for the second quarter of 2013, up from $10.8 million in the same period last year. Non-GAAP diluted earnings per share were $0.33 for the second quarter of 2013, up from $0.25 in the same period last year and also above the high-end of the company's guidance.

A reconciliation between GAAP and non-GAAP results has been provided in the financial statement tables included in this press release. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures.”

“Blackbaud generated profitability that was ahead of our expectations as the cost rationalization efforts we have made in recent quarters are positively impacting our financial performance,” said Tony Boor, Chief Financial Officer of Blackbaud. “The plans we have put in place to improve operational efficiency are yielding positive results which is allowing us to invest in our business.”

Balance Sheet and Cash Flow

The company ended the second quarter with $7.3 million in cash, compared to $8.4 million on March 31, 2013. The company generated $24.5 million in cash flow from operations during the second quarter, returned $5.5 million to stockholders by way of dividend, invested $4.7 million in capital expenditures and capitalized software and reduced its debt balance by $15.5 million.

Dividend

Blackbaud announced today that its Board of Directors has approved a third quarter 2013 dividend of $0.12 per share payable on September 13, 2013, to stockholders of record on August 28, 2013. 

Conference Call Details

Blackbaud will host a conference call today, July 31, 2013, at 8:00 a.m. (Eastern Time) to discuss the company's financial results, operations and related matters. To access this call, dial 877-407-3982 (domestic) or 201-493-6780 (international). A replay of this conference call will be available through August 7, 2013, at 877-870-5176 (domestic) or 858-384-5517 (international). The replay passcode is 416471. A live webcast of this conference call will be available on the "Investor Relations" page of the company's website at www.blackbaud.com/investorrelations and a replay will be archived on the website as well.

About Blackbaud

Serving the nonprofit and education sectors for 30 years, Blackbaud (NASDAQ: BLKB) combines technology and expertise to help organizations achieve their missions. Blackbaud works with more than 28,000 nonprofit customers in over 60 countries that support higher education, healthcare, human services, arts and culture, faith, the environment, independent K-12 education, animal welfare and other charitable causes. The company offers a full spectrum of cloud-based and on-premise software solutions and related services for organizations of all sizes including: fundraising software, online fundraising software, event fundraising software, eMarketing, social media, advocacy, constituent relationship management (CRM), analytics, financial management and vertical-specific solutions for ticketing, school management, and more. For more information, visit www.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 which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding: the growing need for nonprofit organizations to invest in new technology; benefits from our integrated product strategy; the positive direction of our company and solutions; customer demand trends; improvements in operational efficiency and the pace of such improvements; our ability to invest more quickly in back office systems; the ability of system investments to help our integrated organizational scale; the ability of our operational efficiency plans to drive meaningful shareholder value; improved revenue growth over time; and, such revenue growth providing value creation. These statements involve a number of risks and uncertainties. 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: management of integration of acquired companies and other risks associated with acquisitions; the ability to attract and retain key personnel; general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; risks associated with successful implementation of multiple integrated software products; risks related to our dividend policy and stock repurchase program, including potential limitations on our ability to grow and the possibility that we might discontinue payment of dividends; risks relating to restrictions imposed by the credit facility; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organizations; 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. Blackbaud assumes no obligation and does not intend to update these forward-looking statements, except as required by law. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.

Non-GAAP Financial Measures

Blackbaud has provided in this release financial information that has not been prepared in accordance with GAAP. This information includes non-GAAP revenue, non-GAAP income from operations, non-GAAP net income, non-GAAP diluted earnings per share and non-GAAP operating margin. Blackbaud uses these non-GAAP financial measures internally in analyzing its financial results and believes they are useful to investors, as a supplement to GAAP measures, in evaluating Blackbaud's ongoing operational performance. Blackbaud believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing its financial results from period to period with other companies in Blackbaud's industry, many of which present similar non-GAAP financial measures to investors. Non-GAAP financial results discussed above exclude items such as a write-down of Convio deferred revenue, stock-based compensation expense, costs associated with amortization of intangibles arising from business combinations, integration and restructuring costs, and CEO severance, because they are not directly related to our performance in any particular period, but are for our long-term benefit over multiple periods.

Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. Investors are encouraged to review the reconciliation of these non-GAAP measures to their most directly comparable GAAP financial measures. As previously mentioned, a reconciliation of our non-GAAP financial measures to their most directly comparable GAAP measures has been provided in the financial statement tables included below in this press release.

Investor Contact:

Brian Denyeau

ICR

brian.denyeau@icrinc.com

646-277-1251

Media Contact:

Melanie Mathos

Blackbaud, Inc.                

melanie.mathos@blackbaud.com

843-216-6200 x3307            

SOURCE: Blackbaud, Inc.

Blackbaud, Inc.

Consolidated balance sheets

(Unaudited)

(in thousands, except share amounts)	June 30, 2013			December 31, 2012
Assets
Current assets:
Cash and cash equivalents	$	7,300		$	13,491
Donor restricted cash	27,054			68,177
Accounts receivable, net of allowance of $7,542 and $8,546 at June 30, 2013 and December 31, 2012, respectively	85,749			75,692
Prepaid expenses and other current assets	32,205			40,589
Deferred tax asset, current portion	12,973			15,799
Total current assets	165,281			213,748
Property and equipment, net	49,802			49,063
Goodwill	264,454			265,055
Intangible assets, net	155,746			168,037
Other assets	17,894			9,844
Total assets	$	653,177		$	705,747
Liabilities and stockholders’ equity
Current liabilities:
Trade accounts payable	$	5,725		$	13,623
Accrued expenses and other current liabilities	47,046			45,996
Donations payable	27,054			68,177
Debt, current portion	11,250			10,000
Deferred revenue, current portion	180,932			173,899
Total current liabilities	272,007			311,695
Debt, net of current portion	184,250			205,500
Deferred tax liability	27,291			24,468
Deferred revenue, net of current portion	10,608			11,119
Other liabilities	5,632			5,281
Total liabilities	499,788			558,063
Commitments and contingencies
Stockholders’ equity:
Preferred stock; 20,000,000 shares authorized, none outstanding	—			—
Common stock, $0.001 par value; 180,000,000 shares authorized, 55,062,141 and 54,859,604 shares issued at June 30, 2013 and December 31, 2012, respectively	55			55
Additional paid-in capital	213,707			203,638
Treasury stock, at cost; 9,318,148 and 9,209,371 shares at June 30, 2013 and December 31, 2012, respectively	(174,206		)	(170,898		)
Accumulated other comprehensive loss	(1,406		)	(1,973		)
Retained earnings	115,239			116,862
Total stockholders’ equity	153,389			147,684
Total liabilities and stockholders’ equity	$	653,177		$	705,747

Blackbaud, Inc.

Consolidated statements of comprehensive income

(Unaudited)

(in thousands, except share and per share amounts)	Three months ended June 30,						Six months ended June 30,
	2013			2012			2013			2012
Revenue
License fees	$	5,990		$	4,521		$	8,970		$	11,689
Subscriptions	51,964			37,923			99,720			65,985
Services	31,368			31,790			60,206			55,748
Maintenance	34,122			33,880			68,270			67,446
Other revenue	2,024			2,076			3,925			4,028
Total revenue	125,468			110,190			241,091			204,896
Cost of revenue
Cost of license fees	643			821			1,368			1,434
Cost of subscriptions	21,605			16,561			41,988			29,535
Cost of services	26,503			25,299			51,902			45,341
Cost of maintenance	6,561			6,178			12,435			12,155
Cost of other revenue	1,301			1,646			2,498			3,115
Total cost of revenue	56,613			50,505			110,191			91,580
Gross profit	68,855			59,685			130,900			113,316
Operating expenses
Sales and marketing	24,423			24,223			48,815			44,600
Research and development	16,483			14,856			32,912			28,160
General and administrative	12,849			21,753			25,591			36,254
Restructuring	146			—			3,356			—
Amortization	636			530			1,314			727
Impairment of cost method investment	—			200			—			200
Total operating expenses	54,537			61,562			111,988			109,941
Income (loss) from operations	14,318			(1,877		)	18,912			3,375
Interest income	20			33			37			80
Interest expense	(1,497		)	(1,462		)	(3,191		)	(1,653		)
Other expense, net	(309		)	(140		)	(206		)	(448		)
Income (loss) before provision for income taxes	12,532			(3,446		)	15,552			1,354
Income tax provision (benefit)	5,909			(1,175		)	6,263			866
Net income (loss)	$	6,623		$	(2,271	)	$	9,289		$	488
Earnings (loss) per share
Basic	$	0.15		$	(0.05	)	$	0.21		$	0.01
Diluted	$	0.15		$	(0.05	)	$	0.21		$	0.01
Common shares and equivalents outstanding
Basic weighted average shares	44,538,444			44,112,905			44,506,157			44,023,650
Diluted weighted average shares	45,349,666			44,112,905			45,190,158			44,659,678
Dividends per share	$	0.12		$	0.12		$	0.24		$	0.24
Other comprehensive income (loss)
Foreign currency translation adjustment	(266		)	(168		)	19			111
Unrealized gain (loss) on derivative instruments, net of tax	429			(564		)	548			(564		)
Total other comprehensive income (loss)	163			(732		)	567			(453		)
Comprehensive income (loss)	$	6,786		$	(3,003	)	$	9,856		$	35

Blackbaud, Inc.

Consolidated statements of cash flows

(Unaudited)

	Six months ended June 30,
(in thousands)	2013			2012
Cash flows from operating activities
Net income	$	9,289		$	488
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	21,135			12,223
Provision for doubtful accounts and sales returns	1,246			2,511
Stock-based compensation expense	9,895			9,624
Excess tax benefits from stock-based compensation	—			(340		)
Deferred taxes	4,933			464
Impairment of cost method investment	—			200
Other non-cash adjustments	838			177
Changes in operating assets and liabilities, net of acquisition of businesses:
Accounts receivable	(11,966		)	(16,135		)
Prepaid expenses and other assets	8,319			(7,268		)
Trade accounts payable	(4,586		)	643
Accrued expenses and other liabilities	(9,731		)	(4,692		)
Donor restricted cash	41,505			21,868
Donations payable	(41,505		)	(21,868		)
Deferred revenue	8,100			13,054
Net cash provided by operating activities	37,472			10,949
Cash flows from investing activities
Purchase of property and equipment	(10,068		)	(11,568		)
Purchase of net assets of acquired companies, net of cash acquired	(876		)	(280,095		)
Capitalized software development costs	(1,643		)	(235		)
Net cash used in investing activities	(12,587		)	(291,898		)
Cash flows from financing activities
Proceeds from issuance of debt	27,900			312,000
Payments on debt	(47,900		)	(52,400		)
Payments of deferred financing costs	—			(2,440		)
Proceeds from exercise of stock options	221			2,984
Excess tax benefits from stock-based compensation	—			340
Dividend payments to stockholders	(10,959		)	(10,830		)
Net cash provided by (used in) financing activities	(30,738		)	249,654
Effect of exchange rate on cash and cash equivalents	(338		)	(33		)
Net decrease in cash and cash equivalents	(6,191		)	(31,328		)
Cash and cash equivalents, beginning of period	13,491			52,520
Cash and cash equivalents, end of period	$	7,300		$	21,192

Blackbaud, Inc.

Reconciliation of GAAP to Non-GAAP financial measures

(Unaudited)

(in thousands, except per share amounts)	Three months ended June 30,						Six months ended June 30,
	2013			2012			2013			2012
GAAP revenue	$	125,468		$	110,190		$	241,091		$	204,896
Non-GAAP adjustments:
Add: Convio deferred revenue write-down	277			3,468			866			3,468
Total Non-GAAP adjustments	277			3,468			866			3,468
Non-GAAP revenue	$	125,745		$	113,658		$	241,957		$	208,364
GAAP gross profit	$	68,855		$	59,685		$	130,900		$	113,316
Non-GAAP adjustments:
Add: Convio deferred revenue write-down	277			3,468			866			3,468
Add: Stock-based compensation expense	976			899			2,107			1,683
Add: Amortization of intangibles from business combinations	5,570			3,567			11,090			5,346
Add: Acquisition integration costs	259			—			599			—
Add: Write-off of prepaid proprietary software licenses	—			350			—			350
Total Non-GAAP adjustments	7,082			8,284			14,662			10,847
Non-GAAP gross profit	$	75,937		$	67,969		$	145,562		$	124,163
Non-GAAP gross margin	60		%	60		%	60		%	60		%
GAAP income (loss) from operations	$	14,318		$	(1,877	)	$	18,912		$	3,375
Non-GAAP adjustments:
Add: Convio deferred revenue write-down	277			3,468			866			3,468
Add: Stock-based compensation expense	4,717			5,788			9,895			9,624
Add: Amortization of intangibles from business combinations	6,206			4,097			12,404			6,073
Add: Acquisition integration costs	412			3,029			1,246			3,029
Add: Restructuring costs	146			—			3,356			—
Add: CEO severance	312			—			639			—
Add: Acquisition-related expenses	—			4,244			—			6,427
Add: Write-off of prepaid proprietary software licenses	—			350			—			350
Add: Impairment of cost method investment	—			200			—			200
Total Non-GAAP adjustments	12,070			21,176			28,406			29,171
Non-GAAP income from operations	$	26,388		$	19,299		$	47,318		$	32,546
Non-GAAP operating margin	21		%	17		%	20		%	16		%
GAAP net income (loss)	$	6,623		$	(2,271	)	$	9,289		$	488
Non-GAAP adjustments:
Add: Total Non-GAAP adjustments affecting income (loss) from operations	12,070			21,176			28,406			29,171
Less: Tax impact related to Non-GAAP adjustments	(3,684		)	(8,090		)	(10,880		)	(11,039		)
Non-GAAP net income	$	15,009		$	10,815		$	26,815		$	18,620
Shares used in computing Non-GAAP diluted earnings per share	45,350			44,113			45,190			44,660
Non-GAAP diluted earnings per share	$	0.33		$	0.25		$	0.59		$	0.42
Detail of Non-GAAP adjustments:
Stock-based compensation expense:
Cost of revenue
Cost of subscriptions	$	189		$	245		$	415		$	426
Cost of services	593			565			1,436			1,057
Cost of maintenance	194			89			256			200
Subtotal	976			899			2,107			1,683
Operating expenses
Sales and marketing	545			603			1,243			1,020
Research and development	1,062			847			2,215			1,498
General and administrative	2,134			3,439			4,330			5,423
Subtotal	3,741			4,889			7,788			7,941
Total stock-based compensation expense	$	4,717		$	5,788		$	9,895		$	9,624
Amortization of intangibles from business combinations
Cost of revenue
Cost of license fees	$	126		$	124		$	247		$	247
Cost of subscriptions	4,678			2,706			9,312			3,688
Cost of services	633			468			1,266			879
Cost of maintenance	114			250			228			494
Cost of other revenue	19			19			37			38
Subtotal	5,570			3,567			11,090			5,346
Operating expenses	636			530			1,314			727
Total amortization of intangibles from business combinations	$	6,206		$	4,097		$	12,404		$	6,073