This dual stream of members has continued into the 21st century, in which the club is well known for not only its scientific research output, but also numerous ongoing citizen science projects.
Currently there are ten special interest groups within the FNCV: Bats, Botany, Day, Fauna Survey, Fungi, Geology, Marine Research, Microscopy, Terrestrial Invertebrates, and Juniors.
[6] The Day group aims to provide a generalist, high quality natural history program that invites speakers from inside and outside the club to undertake lectures and excursions around the state.
[8] The FNCV works closely with government and not-for-profit conservation and natural history organisations, to monitor and protect key biodiverse areas in the state.
[13] The FNCV was founded in May 1880 by a group of nature enthusiasts that included medical practitioner Thomas Pennington Lucas,[14] botanist and curator of the National Herbarium of Victoria, Johann George Luehmann, Charles French, and Dudley Best.
[21] Ferdinand von Mueller published many of his first descriptions in this journal, including Agapetes meiniana,[22] Oldenlandia psychotrioides,[23] Morinda hypotephra,[23] Phyllanthus hypospodius[24] and Wendlandia basistaminea.