Blackbaud(BLKB) Prnewswire·2025-02-19 15:00Core Viewpoint - Blackbaud has partnered with Nacional Monte de Piedad to enhance corporate giving and grant processing to vetted charities in Mexico, enabling companies to facilitate employee donations and corporate grants effectively [1][2][4]. Group 1: Partnership Details - The partnership allows Blackbaud's corporate clients to utilize the YourCause CSRconnect® and GrantsConnect® platforms for employee giving and corporate gift matching in Mexico [2][4]. - Employees in Mexico will be able to donate to local charities in their home currency and receive tax benefits, enhancing the appeal of corporate social responsibility initiatives [2][4]. Group 2: Platform Capabilities - Blackbaud's YourCause platform connects companies and employees to millions of nonprofits globally, facilitating employee giving, volunteering, grantmaking, and impact reporting [3][4]. - The platform supports engagement in over 170 countries, with 26 languages and 172 currencies available, making it a comprehensive solution for corporate social impact [5]. Group 3: Compliance and Security - Blackbaud has engaged in extensive vetting to ensure compliance with U.S. regulations and local laws for the movement of foreign charitable funds, partnering with Nacional Monte de Piedad to process donations securely [4][5]. - Nacional Monte de Piedad will vet charities and facilitate cross-border funds, ensuring that donations reach trusted organizations in key areas such as health, education, and food security [5][9]. Group 4: Company Background - Blackbaud is a leading software provider dedicated to social impact, with over $100 billion raised, granted, or managed through its platforms annually [7]. - Nacional Monte de Piedad has a 250-year history of improving lives through financial services and social investment, focusing on reducing inequality and promoting sustainable development in Mexico [9].