Online Giving Grows 23 Percent, Blackbaud Reports

Blackbaud announced the launch of The Blackbaud Index of Online Giving, an online fundraising index that reports revenue trends of 1,787 nonprofit organizations, representing $399 million in 12-month online revenue on a monthly basis. The index reports that online revenue increased by 23 percent for the three months ending May 2010 as compared to the same period in 2009.