Minnesota professional fund-raiser bonds.
$300 flat.
Minnesota requires a professional fund-raiser that has custody of or access to charitable contributions to file a $20,000 bond with the Attorney General under Minn. Stat. 309.531. Ours is $300 flat, one-time — and license bonds like this issue instantly.
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How much does a Minnesota professional fund-raiser bond cost?
$300 at the $20,000 amount, the same for every applicant.
Three steps. One sitting.
License-style bonds are the simplest thing in surety. Here is the entire process:
Apply online
Business details and an effective date. That is the application. No credit check.
Pay & e-sign
Fixed-amount bonds like this are among the thousands of bond types that issue right after purchase.
File with your registration
Your executed bond and power of attorney arrive by email, ready to file with your registration statement at the Attorney General’s Charities Division. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Minnesota regulates charitable solicitation through the Attorney General’s Charities Division under Minn. Stat. ch. 309. A professional fund-raiser — a paid solicitor that handles donations — must register, and if it has custody of or access to contributions, its registration must include a $20,000 bond under Minn. Stat. 309.531.
The fund-raiser is the principal obligor, and the bond runs to the state and to any person with a cause of action against the fund-raiser for liabilities arising out of its solicitation activities or a violation of the charitable solicitation statutes. It protects donors and charities against a fund-raiser that mishandles the money it collects.
The bond must stay in effect for the full term of the registration, and it may be a rider to a larger blanket liability bond. It is not insurance for the fund-raiser — if the surety pays a claim, the fund-raiser repays the surety. We keep your $20,000 filing continuous and notify you 60 and 30 days before renewal.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $20,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with your registration. Your executed bond and power of attorney arrive by email, ready to file with your registration statement at the Attorney General’s Charities Division. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $300 at the $20,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields. No credit check.
Start the application →Common questions.
Other Minnesota bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your charities registration today.
$300 flat, no credit check, bond often issued in the same sitting. Free until issued.