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Professional Fundraiser Bond

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  • Apply even if you have bad credit

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Professional Fundraiser Bonds Explained

Professional fundraisers are individuals or businesses hired to manage and execute fundraising campaigns on behalf of charitable organizations. Similarly, commercial co-venturers advertise that the sale of goods or services to the public will benefit a charitable purpose.

A number of states require both professional fundraisers and commercial co-venturers to register, become licensed, and post a surety bond. These bonds guarantee that such funds will not be mismanaged or misplaced, providing protection to any charitable organization that experiences any losses, damages, or penalties resulting from any wrongdoing by the principal, its officers or employees in the conduct of the solicitation activities while the bond is active.

Professional fundraiser bonds can sometimes be referred to as paid solicitor bonds, professional solicitor bonds, charitable solicitation bonds, and others depending on your state.

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For more information on professional fundraiser bonds, keep reading the Questions section below. You can also call us at (877)-514-5146.

Not all states have a bonding requirement for professional fundraiser but a number of them do.

Check out the table below to find out what is your state’s bonding requirement. Keep in mind that these are frequently subject to change. If you don’t see your required bond on our list, you can still submit our online application and we can help.

Find Your Surety Bond

  • Alabama
    Prof. Fund Raiser or Comm. Co-Venturer
    Office of the Attorney General
  • Arizona
    Contracted Fundraiser
    AZ Secretary of State
  • Arkansas
    Professional Fund Raisers Bond
    Arkansas Attorney General
  • California
    Commercial Fundraiser for Charitable Purposes Bond
    Attorney General - Registry of Charitable Trusts
  • Connecticut
    Fund Raising Counsel or Paid Solicitor
    State of Connecticut, Dept of Consumer Protection
  • Florida
    Professional Solicitor Bond
    FL Dept. of Agricultural and Consumer Services Div
  • Georgia
    Paid Solicitor Registration
    Secretary of State of the State of Georgia
  • Hawaii
    Professional Fund Raisers
    Department of the Attorney General - Tax Division
  • Illinois
    Professional Fund Raiser's Bond
    Illinois Attorney General
  • Local Government
    Solicitation Permit Bond
    City of Nashville
  • Maine
    Professional Solicitor or Commercial Co-Venturer
    Department Of Professional & Financial Regulation
  • Maryland
    Professional Solicitors & Public Safety Solicitors
    State of Maryland
  • Massachusetts
    Professional Solicitors and Commerical Co-venturer
    Commonwealth of Massachusetts
  • Michigan
    Uniform Professional Fund Raiser Surety Bond
    Departent of Attorney General-Charitable Trust Sec
  • Minnesota
    Professional Fund Raisers Bond
    Office of the Attorney General
  • Mississippi
    Professional Fund Raisers
    Mississippi Secretary of State's Office
  • New Hampshire
    Paid Solicitor
    Dpeartment of Justice Attorney General Office
  • New Jersey
    Professional Fund Raisers Bond
    Division of Consumer Affairs
  • New Mexico
    Professional Fund Raisers Bond
    New Mexico - Office of the Attorney General
  • New York
    Annual Bond (for Professional Fund Raisers)
    New York State Department of Law
  • North Carolina
    NC Sec. of State: Charitable Solicitation Section
  • North Dakota
    Uniform Professional Fundraiser
    Secretary of State
  • Ohio
    Bond for Professional Colicitor and Fund Raising C
    Ohio Attorney General - Charitable Law Section
  • Oklahoma
    Professional Fund Raisers Bond
    Oklahoma Secretary of State
  • Pennsylvania
    Commonwealth of Pennsylvania Dept of State
  • Rhode Island
    Professional Fund Raisers
    Dept of Business Regulation - Securities Div
  • South Carolina
    Professional Solicitor's
    South Carolina Secretary of State
  • Tennessee
    Professional Fund Raising
    Division of Charitable Solicitations and Gaming
  • Virginia
    Professional Fund Raiser
    Commonwealth of Virginia
  • Washington
    Commercial Fundraiser
    State of Washington - Secretary of State
  • West Virginia
    Professional Fund Raising
    Secretary of State
  • Wisconsin
    Professional Fund Raisers Bond
    Dept of Safety & Professional Services
  • Wisconsin
    Fund-Raising Counsel Bond
    Department of Financial Institutions
  • Wisconsin
    Professional Fund Raisers (Non-Custodial) Bond
    Dept of Financial Insitutions
  • Wisconsin
    Professional Fund-Raiser (Custodial) Bond
    Dept of Financial Insitutions

Questions about Professional Fundraiser Bonds

What is the cost of professional fundraiser bonds?

Each state determines what the total amount of the bond they require will be. They usually range between $10,00, like in Michigan and Georgia, to $50,000 in other states, like Florida. This means that if a claim is made against a fundraiser’s surety bond in Georgia, the maximum compensation a claimant can obtain is $10,000.

This penal sum isn’t the same as your actual bond cost. To get bonded, professional solicitors pay a premium, usually annually and sometimes bi-annually. The premium depends on the solicitor’s credit score and can range between 1% and 10% of the penal sum, depending on their credit score.

For example, if an applicant with excellent credit applies to get bonded in Florida, and they are quoted at 1%, their annual premium will be $500.

Every bond is different and the applicant’s credit score might not be the only determining factor during the underwriting process. Find out more on our “What Does a Surety Bond Cost?” page.

Can I get bonded with bad credit?

Yes! Most applicants will successfully obtain a professional fundraiser bond, even if they have a low credit score, no credit history or past due items in their reports. The only applicants who typically see their applications rejected are those with open bankruptcies and late child support payments.

Lance Surety Bonds offers excellent rates, even to bad credit applicants and without the need to post collateral or find a co-signer. If you’re unhappy with your premium, our agents can lend a hand, so you can build a stronger application. Surety bond underwriting is based on the assumed risk for the surety, so there are ways to demonstrate that you are not a high-risk applicant. For example, if you have strong financials or a lot of industry experience, this can reduce your premium.

Find out more on the topic on our page dedicated to getting bonded with bad credit.

What’s the application process like for professional fundraiser bonds?

We’ve created a fast and user-friendly online application. You only need to submit a few details about your business and required bond, and we take it from there. We’ll contact you with a free bond quote and one of our agents will work with you throughout the whole process.

We will help you with all the paperwork, answer your questions, and expedite your bond as soon as it’s signed by the bonding company. Usually the whole process takes between one and two business days– though we also advise our clients to apply as early as possible for peace of mind.

You will receive the original bond form (which you are usually required to attach with your application) by mail, and we can supply additional copies via fax or email.

For questions regarding your application, you can always ask our agents at (877)-514-5146.

How are claims handled for professional fundraiser bonds?

Each state will have specific provisions that you need to comply with. When getting bonded, it’s a good idea to contact your local authority and inquire which laws and regulations pertain to your profession. Violating the law can trigger a claim against your business.

If you are notified of a claim, you must make good on it before it goes to court. In some cases the surety will provide the initial compensation, but you’re responsible for reimbursing it in full in a timely manner.

If you think you have not violated the terms of the bond agreement and the claim against you is groundless you can dispute it but you must have sufficient proof. As a rule of thumb, keep your communication with the claimant well-documented so you can build a solid case.

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What Our Clients Have To Say?

Kimberlee Ables
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Andrew Poincot
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
Margie Martinez
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!

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