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California Commercial Fundraiser Bond for Charitable Purposes

California Commercial Fundraiser Bond for Charitable Purposes

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Who Requires the Commercial Fundraiser Bond for Charitable Purposes and Why Is It Needed?

Phone Call. Professional Fundraiser Bond for those authorized to legally raise money or solcit business for various organizations.

Commercial Fundraisers for Charitable Purposes (defined by California Government Code section 12599.5) must file or have on file a surety bond in the amount of twenty-five thousand dollars with the Registry of Charitable Trusts of the Department of Justice. The surety bond requirement is pursuant to Section 12599.5 of the California Government Code and ensures compliance with this Code. The bond is conditioned upon the principal paying all monies due to any party when the principal or its representative or agent receives such funds. The principal is also obligated to pay all damages occasioned to anyone resulting from unlawful acts, or omissions while conducting business as a fundraiser.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your California Commercial Fundraiser Bond for Charitable Purposes. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.




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