Business
Blackbaud Partners with Nacional Monte de Piedad to Enable YourCause® Corporate Clients to Donate to Charities in Mexico
Partnership Will Enable Corporate Giving and Grants to Vetted Charities CHARLESTON, S.C. and MEXICO CITY, Feb. 19, 2025 /PRNewswire/ -- Blackbaud (NASDAQ:
About this update from Blackbaud, Inc.
[{"type":"text","content":"Partnership Will Enable Corporate Giving and Grants to Vetted Charities\nCHARLESTON, S.C. and MEXICO CITY, Feb. 19, 2025 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, and Nacional Monte de Piedad, a 250-year-old public assistance and financial institution with over 300 locations and a nationwide presence in Mexico, have announced a partnership to support the processing of donations made through the YourCause® from Blackbaud® platform to Mexican charitable organizations.\nThis partnership will enable Blackbaud's corporate clients to leverage YourCause CSRconnect® and GrantsConnect® to facilitate employee giving, corporate gift matching and corporate grants to vetted charities in Mexico, whether through cross-border or in-country giving. For companies that have employees in Mexico, employees will soon be able to confidently donate to local charities in their home currency and receive tax benefits.\nYourCause from Blackbaud provides modern, purpose-built software solutions designed to amplify the impact companies can make through their corporate social responsibility (CSR) initiatives. YourCause expands what is possible for companies and their employees by connecting them to millions of nonprofits around the world and facilitating employee giving, volunteering, grantmaking, and impact reporting through modern solutions.\n\"Through our YourCause platform, we connect companies and their employees to nonprofits around the world to drive social impact,\" said Dale Strange, president of corporate impact, Blackbaud. \"We continue to expand our global partnerships to grow our network of vetted charities that companies can engage with, and we're proud to now be able to connect our customers to hundreds of charities in Mexico, expanding the list of available charities and available ways to donate.\"\nDonations made through the YourCause platform are disbursed to charitable organizations through the Blackbaud Giving Fund in select markets. Due to regulatory requirements in some parts of the world and Blackbaud's commitment to donation distribution security, in-country partners are engaged to process payments, ensuring donors are provided a reliable database of eligible and vetted nonprofits. Blackbaud went through an extensive vetting process and due diligence to find a trusted organiz...