The Black Fundraisers Network Special Interest Group was set up after research conducted by the London Development Agency discovered that 70 out of 100 charities do not have a senior fundraiser from a BME background.
"We feel it is a necessary and important step towards overcoming the isolation that many BME fundraisers feel," said Sense director of fundraising Paul Amadi, who will chair the organisation. "We are really excited about the formation of this group."
The agency's research, published in 2003, found that large organisations in particular were neglecting BME communities.
In January 2003, the Home Office-funded report Finding the Funds recommended improvements to fundraising within BME organisations.
The group, which has taken a year to set up, is supported by the Institute of Fundraising and includes representatives from organisations such as BME Health Network and the London Development Agency.
It will give BME fundraisers the chance to meet, share experiences, access professional support and give black fundraisers a voice.