- This story was corrected on 16 April 2015; please see final paragraph
The Institute of Fundraising is consulting members over a governance review that could result in it cutting the size of its board by a third.
According to the consultation document, published on the IoF website, the review was prompted by a report last year by the professional services firm PwC on how self-regulation of fundraising is working, which flagged up a number of areas in which the IoF’s governance could be improved. The IoF also received external advice about the review, the document says.
Areas being reviewed include the size and composition of the IoF’s board, which it is considering reducing from 18 to 12 members.
Ten members are currently elected by the IoF’s membership, one by the chairs of the IoF's national regional groups, one by the chairs of its special interest groups and the remaining six are co-opted, which means they are selected by the trustees.
The IoF proposes to change this so that eight of the members would be elected and four members co-opted.
The IoF believes that having a smaller board will make it more nimble, able to reach better decisions more quickly and reduce its governance costs over time, according to an FAQ document published on its website.
Other proposed changes include: requiring all trustees to act in the best interests of the all the IoF’s members (currently five trustees represent members in particular regions or special interest groups); giving the chief executive and staff team overall responsibility for member engagement; making the board more reflective of the fundraising community in terms of size of charity, seniority, causes, sectors and geography; and developing a revised nominations committee responsible for overseeing trustee nominations and election processes.
It is understood that members received notice about the review by email on 2 March. They have been requested to provide feedback by 24 April, after which the IoF will finalise its proposals and put them to a vote at its annual general meeting in July.
The consultation document says: "Our aim is to ensure that we have the best possible governance and best possible member engagement at the IoF, so that we can best meet the needs of the fundraising community across the UK in the years ahead. We believe that the proposed changes to our governance structure and mechanisms for engaging members will help us meet those challenges.
"We think that having a smaller board, with members elected on the basis of the skills, experiences and perspectives we need, will enable the board to make better and more strategic decisions, and drive those decisions through."
- The story originally said that eight trustees were co-opted.