The IoF and PFRA have written to the largest fundraising charities asking them to clarify their willingness to financially support a proposed new fundraising regulator.

A spokesman from the PFRA confirmed this morning to Civil Society News that a letter was sent out to a number of charities earlier this week by both the IoF and PFRA.

He said that the letter was intended to sound out the willingness from member organisations to fund Sir Stuart Etherington's proposed new regulator.

The two fundraising membership bodies are believed to be looking to secure a figure of around £700,000 from large fundraising charities to back the new regulator, according to one senior individual working in the fundraising profession.

Another said charities were being asked for “circa £20,000” each to go towards the new regulator.

The Fundraising Regulator was proposed in the Etherington Review into fundraising and was accepted by Rob Wilson minister for civil society. In the review, Sir Stuart suggested that the regulator would be funded by the sector through a tiered “fundraising levy”.

Sir Stuart estimated in the review that the levy would affect around 2,000 charities and would cost “around £1,300 on average” for each paying organisation. The smaller charities which sit under the £100,000 a year spend on fundraising threshold will pay a “small administrative fee”.

The IoF and PFRA recently announced that the two organisation are set to merge and recently appointed a joint head of media and public affairs.