Record level of membership for Institute of Fundraising
Melanie May | 5 July 2016 | News
The Institute of Fundraising (IoF) has reported record levels of membership at the organisation’s AGM today.
Both individual membership and organisational membership are at their highest level ever, with over 5,700 fundraisers and over 475 charities and fundraising agencies now members of the IoF.
Individual membership has grown by 3% year on year. Figures reported at the AGM from the IoF’s Annual Report also show a rise in finances. 2015/16 saw incoming resources to the IoF rise to £4.9m, from £4.7m in 2014/15, with outgoing resources of £4.6m, compared with £4.5m in 2014/15. This resulted in a total surplus of £0.33m.
The AGM also reported plans for the future direction of the membership body, including the merger with the Public Fundraising Association (PFRA), which is expected to take place later this month. Once merged, the IoF and PFRA will invest in a new compliance service to help support fundraisers to comply with regulations and to promote best practice. The Institute will also invest in external communications to strengthen the voice of the fundraising community.
Richard Taylor, chair of the IoF, said:
“These figures show that the Institute is in a strong position to be able to do even more to support excellent fundraising in the future. With record membership, a strong financial position, and the planned merger with the PFRA, the Institute is looking forward to supporting and championing fundraisers in the years ahead.”
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About Melanie May
Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via thepurplepim.com.