You raise money for a cause. The bond guarantees it reaches it.
A bond for professional charitable fundraisers
Many states require professional fundraisers and paid solicitors — firms or individuals raising money for charities for compensation — to register and post a bond. The bond protects charities and the donating public, guaranteeing that funds raised are handled honestly and delivered as required, and that you comply with the state's charitable-solicitation law.
What a professional fundraiser bond guarantees
The bond protects charities, donors, and the state — guaranteeing honest handling and proper remittance of funds raised, and compliance with charitable-solicitation law. If the surety pays a valid claim, you reimburse it in full. It's a consumer-protection and compliance guarantee, not insurance for your firm.
How much a professional fundraiser bond costs
The bond amount is set by the licensing authority. The premium you pay is a small percentage of that amount — typically around 1%–3% for applicants with reasonable credit, more for weaker credit — so a modest bond often costs a few hundred dollars a year. We market it to multiple surety companies to get you the best rate.
Requirements vary by state
Charitable-solicitation registration and bonding, and the required amount, are set by each state (often the Attorney General or Secretary of State). We confirm your exact requirement before quoting.
Professional Fundraiser Bond requirements by state
The required amount and authority differ by state — and sometimes by city or county. We are licensed in all 50 states; request a quote and we will confirm the exact requirement that applies to you.
Frequently Asked Questions
What does a professional fundraiser bond cover?
It covers losses to charities or donors from a fundraiser's mishandling of funds or violation of charitable-solicitation law. You reimburse the surety for any claim paid.
Who needs a professional fundraiser bond?
Professional/commercial fundraisers and paid solicitors raising money for charities in states that require registration and bonding. Requirements vary by state.
How much does a professional fundraiser bond cost?
A premium that's a small percentage of the required bond amount, based on your credit.
How do I get a professional fundraiser bond through Cory Washington & Co.?
Request a quote or contact our team. We confirm your exact requirement, market your bond across multiple surety companies that compete for it, and handle the filing. Cory Washington & Co. LLC is licensed in all 50 states.
All surety bond descriptions on this website are provided by Cory Washington & Co. LLC strictly for general informational purposes. They are not intended to be, and should not be relied upon as, legal, financial, or bonding advice. Surety bonds are not insurance. Bond requirements — including amounts, obligees, and bond forms — are set by government authorities and other obligees and change over time; the information presented is general in nature and does not guarantee the availability, terms, conditions, or amount of any bond. Actual bond terms are governed by the bond form issued by the surety and the requirements of the obligee, and any bond remains subject to underwriting approval. Nothing on this website creates or implies an agent-client relationship, binds a surety, or issues a bond. Cory Washington & Co. LLC expressly disclaims any liability for actions taken, or not taken, based on the content provided here. For advice regarding your particular situation, please confirm current requirements with the relevant authority and consult directly with a licensed professional at Cory Washington & Co. LLC.