How much does a professional fundraiser bond cost in Alabama?
The Alabama Office of the Attorney General requires professional fundraisers, solicitors and co-venturers to post $10,000 surety bonds.
These bonds are subject to underwriting, so the price you’ll pay is based on a review of your personal credit report. Applicants with strong credit could pay as low as 1% of the bond amount, or just $100! Ready to get bonded quickly, easily and accurately? Request your free bond quote now!
|Bond Type||Bond Amount||Cost by Credit Score*|
|680 and up||679 - 600||599 or lower|
|Professional Fundraiser Bond||$10,000||Starts at $100||$400-800||$1,000+||Apply Now|
Call 1 (800) 308-4358, or submit a bond request now! Our experts can provide your free bond quote within 1 business day of submitting your application.
Why do I need this bond?
Alabama professional fundraiser or commercial co-venturer surety bonds protect the state and any person who suffers financial loss as a result of the principal’s (fundraiser’s) unlawful business practices. If the principal fails to conduct business in accordance with the law, harmed parties are protected up to the full bond amount. The fundraiser must reimburse the surety for all damages paid out.
Receive your free, no-obligation bond quote on an Alabama professional fundraiser bond when you work with the experts at SuretyBonds.com!
What’s the fine print?
Alabama professional fundraiser bonds have a 1-year term. In the event of cancellation, revocation or expiration of this bond, the surety must give written notice to the Attorney General’s Office via certified mail at least 30 days in advance.
How to become a professional fundraiser in Alabama
Before you can begin conducting business as a professional fundraiser in Alabama, you must first be registered. Registration applications must be completed before being submitted to the Office of the Alabama Attorney General. Completed applications should include:
- $10,000 surety bond
- registration and annual fees
Professional fundraisers and commercial co-venturers must pay a $100 annual registration fee, and professional solicitors must pay a $25 annual registration fee.
All registrations are valid for a 1-year period and have a set expiration date of September 30th.
More licensing information can be accessed from the Additional Resources section of this page.
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