Almost all of the Institute of Fundraising (IoF) members who attended the annual general meeting voted in favour of applying for chartered status.
The vote on whether to apply for chartered status took place yesterday as part of the AGM, with 96.8 per cent backing the move.
There were 759 votes in support of applying for chartered status and 25 votes against, with a single vote spoilt.
Amanda Bringans, chair of the IoF, said: “I am absolutely delighted to say that the resolution has been very formally passed.”
Peter Lewis, chief executive at the IoF, said the vote approved new documents, tenders for the petition for chartered status and authorised the necessary changes. This would include cancelling all assets under the IoF’s current name, and transferring them to the Chartered Institute of Fundraising.
It has now formally submitted its application and expects a decision from the Privy Council by the end of the year.
Fall in membership
The membership body also presented its annual report and accounts for the year to March 2019 at the AGM, which reveal the first fall in individual membership since 2015.
Individual membership has fallen from 6,000 to 5,800, which the report characterises as a "slight fluctuation". However, organisational membership continued to increase, from 609 to 630.
In 2015, the IoF had 5,400 members, which was 200 fewer than the previous year. Individual membership increased to 5,700 in 2016 and to 6,000 in 2017 and 2018.
The accounts show that its income is stable at £6m, slightly up on the previous year. Its expenditure was £5.8m and it holds reserves of £470,000.
It employs around 50 people and has conducted a voluntary review of its gender pay gap, which reveals a mean pay gap of 27.5 per cent.
“Analysis across the job levels indicates the low number of men in junior roles and the need to increase the percentage of female employees in junior manager and director roles. We will continue to review ways to address these differences,” the report says.
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