Professional fundraiser bonds are a type of surety bond that is required by many states in the US for individuals or companies that engage in professional fundraising activities on behalf of charitable organizations. These bonds help to ensure that fundraisers operate ethically and in compliance with state regulations.

The purpose of a professional fundraiser bond is to protect donors and charitable organizations from financial harm caused by unethical or illegal fundraising practices. If a professional fundraiser violates state regulations or fails to fulfill their contractual obligations, the bond provides a mechanism for affected parties to seek financial compensation.

Professional fundraiser bonds are typically required by state fundraising regulations, which may require a minimum bond amount and specify the terms and conditions of the bond. Bond amounts may vary depending on the size and nature of the fundraising campaign, and the bond must be renewed periodically to remain in compliance with state regulations.

In addition to providing financial protection, professional fundraiser bonds can also help to establish trust and credibility with potential donors and charitable organizations. By obtaining a bond, a professional fundraiser demonstrates their commitment to ethical and legal fundraising practices, which can help to build positive relationships with stakeholders. For more information, please refer to the info-graphic below.