<SEC-DOCUMENT>0001280058-24-000060.txt : 20241025
<SEC-HEADER>0001280058-24-000060.hdr.sgml : 20241025
<ACCEPTANCE-DATETIME>20240903161402
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001280058-24-000060
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20240903

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKBAUD INC
		CENTRAL INDEX KEY:			0001280058
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		ORGANIZATION NAME:           	06 Technology
		IRS NUMBER:				112617163
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		65 FAIRCHILD STREET
		CITY:			CHARLESTON
		STATE:			SC
		ZIP:			29492
		BUSINESS PHONE:		843-216-6200

	MAIL ADDRESS:	
		STREET 1:		65 FAIRCHILD STREET
		CITY:			CHARLESTON
		STATE:			SC
		ZIP:			29492
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<html><head>
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<title>Document</title></head><body><div id="i686726b537274e8cb10fe3fc86e45924_1"></div><div style="min-height:119.52pt;width:100%"><div><img alt="image_0.jpg" src="image_0.jpg" style="height:62px;margin-bottom:5pt;vertical-align:text-bottom;width:820px"></div></div><div style="margin-top:60pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">September 3, 2024</font></div><div style="margin-bottom:12pt;margin-top:36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%;text-decoration:underline">VIA EDGAR</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Securities and Exchange Commission<br>Division of Corporation Finance<br>Washington, DC 20549<br>Attention&#58; Aliya Ishmukhamedova</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#160;&#160;&#160;&#160;     James Lopez</font></div><div style="margin-bottom:12pt;margin-top:12pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Re&#58;&#160;&#160;&#160;&#160;Blackbaud, Inc.<br>&#160;&#160;&#160;&#160;Form 10-K for Fiscal Year Ended December 31, 2023<br>&#160;&#160;&#160;&#160;File No. 001-41527</font></div><div style="margin-bottom:12pt;margin-top:12pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Dear Ms. Ishmukhamedova and Mr. Lopez&#58;</font></div><div style="margin-bottom:12pt;margin-top:12pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Blackbaud, Inc. ( the &#8220;Company&#8221; or &#8220;we&#8221;) hereby submits this response to the comment regarding our Annual Report on Form 10-K for the year ended December&#160;31, 2023 filed with the Securities and Exchange Commission (the &#8220;Commission&#8221;) on February 21, 2024 (the &#8220;Form 10-K&#8221;) delivered by your letter dated August 23, 2024 (the &#8220;Comment Letter&#8221;). For your convenience and reference, we repeat your comment below and our response follows.</font></div><div style="margin-bottom:12pt;margin-top:12pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%;text-decoration:underline">Form 10-K for fiscal year ended December 31, 2023 </font></div><div style="margin-bottom:12pt;margin-top:12pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%;text-decoration:underline">Item 1C. Cybersecurity, page 30 </font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">1.&#160;&#160;&#160;&#160;We note the statement on page 31 that cybersecurity risk management has been and</font></div><div style="padding-left:36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">remains a key aspect of your &#8220;overall business strategy, financial planning and capital</font></div><div style="padding-left:36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">allocation and a point of ongoing emphasis at all levels.&#8221; Please revise future filings to</font></div><div style="padding-left:36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">disclose whether and how your processes for assessing, identifying, and managing</font></div><div style="padding-left:36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">material risks from cybersecurity threats have been integrated into your overall risk management system or processes. See Item 106(b)(1)(i) of Regulation S-K.</font></div><div style="margin-bottom:12pt;margin-top:12pt;padding-left:36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%;text-decoration:underline">Company Response</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#58; The Company&#8217;s processes for assessing, identifying, and managing material risks from cybersecurity threats are, in fact, well integrated into the Company&#8217;s overall risk management system or processes in connection with our emphasis on cybersecurity at all levels of the Company, including as a key consideration in our overall business strategy, financial planning and capital allocation decisions, as noted on page 31 of the Company&#8217;s Form 10-K.  The Company agrees to provide additional disclosure in future filings to include more detail and explanation regarding whether and how such </font></div><div style="height:94.5pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:26.282%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Sensitivity&#58; Confidential</font></div></td></tr></table></div><div style="padding-right:18pt;text-indent:-27pt"><img alt="image_2.jpg" src="image_2.jpg" style="height:1px;margin-bottom:5pt;vertical-align:text-bottom;width:715px"></div><div style="padding-right:18pt;text-indent:-27pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:12.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:85.567%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:0 1pt"><div style="margin-bottom:12pt"><img alt="image.jpg" src="image.jpg" style="height:28px;margin-bottom:5pt;vertical-align:text-bottom;width:28px"></div></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:1pt;padding-left:1pt"><font style="color:#252b33;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">65 Fairchild Street, Charleston, SC 29492      </font><font style="color:#006880;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">T</font><font style="color:#72bf44;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> </font><font style="color:#252b33;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">1.800.443.9441   </font><font style="color:#006880;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">F</font><font style="color:#72bf44;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%"> </font><font style="color:#252b33;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">1.843.216.6100    </font><font style="color:#006880;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">blackbaud.com</font></div><div><font><br></font></div></td></tr></table><font style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </font></div></div></div><hr style="page-break-after:always"><div style="min-height:119.52pt;width:100%"><div><font><br></font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Securities and Exchange Commission</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Attention&#58;  Aliya Ishmukhamedova and James Lopez</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">September 3, 2024</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Page 2</font></div><div><font><br></font></div><div><font><br></font></div></div><div style="margin-bottom:12pt;margin-top:12pt;padding-left:36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">processes have been integrated into our overall risk management system or processes, in accordance with Item 106(b)(1)(i) of Regulation S-K and your comment.   </font></div><div style="margin-bottom:12pt;margin-top:12pt;padding-left:36pt"><font><br></font></div><div style="margin-bottom:12pt;margin-top:12pt;padding-left:36pt"><font><br></font></div><div style="margin-bottom:12pt;margin-top:12pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">*&#160;&#160;&#160;&#160;*&#160;&#160;&#160;&#160;*</font></div><div style="margin-bottom:12pt;margin-top:12pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">The Company hereby acknowledges that the Company and its management are responsible for the accuracy and adequacy of the Company&#8217;s disclosures, notwithstanding any review, comments, action or absence of action by the Commission staff. </font></div><div style="margin-bottom:12pt;margin-top:12pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">Please feel free to contact me by email or telephone (843.654.3300) if you have any questions or comments regarding the foregoing.</font></div><div style="margin-bottom:12pt;margin-top:5pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.634%"><tr><td style="width:1.0%"></td><td style="width:5.699%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:20.956%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.815%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:53.130%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Sincerely yours,</font></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">&#47;s&#47; Anthony W. Boor</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Anthony W. Boor</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:100%">Executive Vice President and Chief Financial Officer</font></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr></table></div><div style="height:94.5pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:26.282%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Sensitivity&#58; Confidential</font></div></td></tr></table></div><div style="padding-right:18pt;text-indent:-27pt"><font><br></font></div></div></div></body></html>
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