Members of the Institute of Fundraising have formally voted to allow the body to apply for chartered status.
The results of the vote, which has taken place over the past four weeks, were announced at the IoF’s annual general meeting during its yearly convention in central London yesterday.
The resolution included allowing the IoF to apply to the Privy Council for chartered status and approving changes to the IoF’s constitution to prepare it for chartered status.
It paves the way for the IoF to create a new organisation, the Chartered Institute of Fundraising, transfer the IoF’s assets to the new body and wrap up the old one, if chartered status is granted.
Members voted 96.8 per cent in favour of the motion, with 759 approving it, 29 voting against and one person spoiling their ballot paper.
The IoF submitted an informal memorandum, the first part of its bid to become a chartered institute, in 2015, but the process was halted by the Privy Council in the wake of the fundraising scandals.
In January, the membership body was told the Privy Council had granted permission for it to apply formally for chartered status.
Peter Lewis, chief executive of the IoF, said the body had not been expecting the news from the Privy Council in January, but his team had "responded incredibly positively and quickly" to subsequently get the application moving.
In a statement, he said: "I am absolutely delighted that our members have voted overwhelmingly in favour of chartered status. This is a landmark moment for the institute, our members and the entire fundraising community.
"The vote shows that our members value the benefits that chartered status will bring, including much-deserved recognition and credibility for everyone in the profession. We will now immediately make our petition to the Privy Council to become the Chartered Institute of Fundraising."
The IoF’s annual report was also revealed at the AGM, with its accounts showing its income had risen from £5.9m to £6m, and total spending had fallen by £25,000 to £5.8m.
The membership body also announced it had appointed Sofia Zeenat Sheikh, fundraising manager at the Strickland Scanner Centre, and Joyce Fraser, a cultural sector network advocate for Raise, the IoF’s arts, culture and heritage programme, to its board.
Liz Tait, director of fundraising at the Teenage Cancer Trust, has also been reappointed to the IoF’s board for a second three-year term.