The planned merger of the Institute of Fundraising and the Public Fundraising Association (PFRA) has been delayed to allow more time for legal elements of the due diligence process to be completed.
The decision was taken at the PFRA’s AGM held yesterday in London.
Both parties “remain committed to the merger”. The target date for completing the process remains 31 July.
“The IoF and PFRA have today agreed to set a new date for the formal vote to confirm our merger, allowing both our organisations to complete all the legal requirements of the due diligence process. The Boards of both organisations remain entirely committed to merging at the earliest opportunity and the target date for completing the merger remains unchanged at 31st July.”
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