Charities are losing out because their fundraising activities are failing to target minority groups, fundraisers have been warned.
Delegates at the inaugural meeting of the Institute of Fundraising's Diversity in Fundraising special interest group heard that most charities do not tap into the £100bn of disposable income shared by ethnic minorities, lesbian, gay and bisexual people, and people with disabilities.
The group hopes to tackle this problem and mobilise minority groups by bringing together fundraisers and experts from a variety of fields to share experience and develop best practice.
During the meeting, seven committee members were elected. It will now set an agenda for seminars and events, which could include helping charities complete a 'diversity health check' to see how well they target minority groups.