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Rhode Island professional fundraiser bonds.
$150 flat.

A Rhode Island professional fundraiser (fund raiser) registers with the Department of Business Regulation and files a $10,000 bond under the charitable solicitation act (R.I. Gen. Laws ch. 5-53.1). Ours is $150 flat — the same for everyone. The bond issues the moment you pay — no credit check.

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Required for a RI professional fund raiser registration with the Dept. of Business Regulation
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Fixed amount, fixed price — $10,000 bond, $150, no quote process
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Multi-year terms available — set it up once for up to 3 years
A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Rhode Island professional fundraiser bond cost?

$150 at the $10,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

Charitable-solicitation bonds are simple license bonds. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. No financials, and no credit check.

MINUTES, USUALLY

Pay & e-sign

Fixed-amount license bonds like this often issue right after purchase.

SAME DAY

File with the Dept. of Business Regulation

Your executed bond arrives by email, ready to file with your fundraiser registration. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Rhode Island regulates charitable solicitation under R.I. Gen. Laws ch. 5-53.1, administered by the Department of Business Regulation's charities and securities section. A professional fund raiser — anyone who, for compensation, plans, manages, conducts, or assists with a solicitation for charitable purposes — must register and post security.

The bond is a $10,000 surety bond filed with the registration. It protects the public and the charities a fundraiser works for against losses from the fundraiser's malfeasance, misfeasance, or nonfeasance in conducting solicitation activity.

It is not insurance for you — if the surety pays a valid claim, you repay the surety. The bond stays in force until canceled, and the Department can terminate or cancel it; a fundraiser who handles donations honestly treats the bond as a registration formality.

R.I. Gen. Laws ch. 5-53.1 (Solicitation by Charitable Organizations)Rhode Island's charitable solicitation act, R.I. Gen. Laws ch. 5-53.1, is administered by the Department of Business Regulation and requires a professional fund raiser — any person who for compensation plans, manages, conducts, or assists in connection with a solicitation for charitable purposes — to register and file a $10,000 surety bond running to the State for the benefit of any person harmed by the fundraiser's misconduct. Confirm current registration requirements and the bond form with the Department of Business Regulation.

You need this bond if you're

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A professional fund raiser registering with the RI Dept. of Business Regulation
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A fundraising consultant or solicitor compensated to run charitable campaigns in RI
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Renewing your fundraiser registration and your current bond is expiring
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An out-of-state fundraising firm soliciting Rhode Island donors
After you buy

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 $10,000 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 the Dept. of Business Regulation. Your executed bond arrives by email, ready to file with your fundraiser registration. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $150 at the $10,000 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 →
FAQ

Common questions.

How much is the Rhode Island professional fundraiser bond?The premium is $150 flat, the same for every fundraiser. The $10,000 bond amount is fixed by statute; the price is the fixed rate our carrier sets, so there is no quote process.
Do I pay the $10,000?No. You pay $150. The $10,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
Who has to register and bond?A professional fund raiser — anyone who, for compensation, plans, manages, conducts, or assists with a charitable solicitation in Rhode Island. Charitable organizations themselves register separately; confirm your category with the Department of Business Regulation.
Is there a credit check?No credit check: the application collects no credit information. Small fixed-amount license bonds like this one don't need one.
When does it renew?You can buy a 1, 2, or 3-year term; the bond stays in force until canceled. We send renewal notices 60 and 30 days out, with autopay available, so your registration never lapses over a missed email.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

Finish your fundraiser registration today.

$150 flat, no credit check, bond often issued in the same sitting. Free until issued.

Your price$150
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