Blackbaud, Inc.

Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 5, 2007
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation)
000-50600   11-2617163
(Commission File Number)   (IRS Employer ID Number)
2000 Daniel Island Drive, Charleston, South Carolina   29492
(Address of principal executive offices)   (Zip Code)
Registrant’s telephone number, including area code (843) 216-6200
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



Item 2.02. Results of Operations and Financial Condition.
On February 5, 2007, Blackbaud, Inc. issued a press release reporting unaudited financial results for the quarter and year ended December 31, 2006. A copy of the press release is attached.
The information in this Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 8.01. Other Events.
On February 5, 2007, Blackbaud, Inc. issued a press release announcing that its Board of Directors has adopted a dividend policy for 2007. Under the policy, Blackbaud declared a cash dividend of $0.085 per share payable on March 15, 2007 to stockholders of record on February 28, 2007, and announced it intends to continue to pay quarterly dividends at an annual rate of $0.34 per share for the fiscal year ending December 31, 2007. A copy of this press release is attached.
Item 9.01. Financial Statements and Exhibits.
(d)   Exhibits
Exhibit No.   Description
  Press release dated February 5, 2007.



     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: February 5, 2007  /s/ Timothy V. Williams    
  Timothy V. Williams,   
  Vice President and Chief Financial Officer