Colorado Paid Charitable Solicitor Bond Overview
- Purpose: To protect charitable organizations against mismanagement of funds
- Who Needs It: All professional fundraisers soliciting in Colorado
- Regulating Body: The Colorado Secretary of State — Charities Program
- Bond Amount: $15,000
- Minimum Price: $150, credit-based
What Is a Colorado Paid Solicitor Bond?
A Colorado paid solicitor bond protects charitable organizations from misuse of funds and deceptive fundraising.
If you solicit contributions in Colorado, you need to file a $15,000 surety bond with the Secretary of State (SOS).
How Much Do Professional Solicitor Bonds Cost in Colorado?
Colorado charitable professional solicitor bonds start at $150, or 1% of the bond amount. We’ll run a soft credit check to determine your exact rate. Apply today!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a Colorado Paid Solicitor Bond Work?
When you purchase a Colorado paid solicitor for charitable organizations bond, you enter into a three-party legal contract.
| Bond Party | Description |
|---|---|
| 1) Principal | The professional solicitor filing the bond |
| 2) Obligee | The Colorado Secretary of State requiring the bond |
| 3) Surety | The issuing surety provider |
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the full $15,000 bond amount. However, you must ultimately refund the surety.
How Do I Get a Professional Fundraiser Bond in Colorado?
If you’re ready to get bonded, you’re in the right place. Just fill out the quote request form, and we’ll be in touch within one business day!
Once you pay for your bond, we’ll email you the digital bond form to file with the SOS.
Can I Get Bonded With Bad Credit?
You might still be able to get bonded as a professional solicitor with bad credit, but you’ll likely pay a higher premium. Apply for a free quote today with no impact on your credit score!
How Do I Renew My Bond?
Colorado professional solicitor bonds expire annually. We’ll send reminders by phone and email starting 90 days before expiration. Once you pay the premium, we’ll issue a continuation certificate to extend your bond term. Be sure to file this with the SOS.
Can I Make Changes to My Bond?
If you need to change any information on your bond form, email [email protected]. We’ll take care of any updates by issuing a bond rider.
How to Become a Professional Fundraiser in Colorado
To solicit funds for charitable organizations, you’ll need to register with the Colorado Secretary of State:
- Create an online solicitor account.
- Fill out and sign the registration forms.
- Upload proof of a $15,000 surety bond.
Professional solicitor registrations expire annually. You can manage renewals through your online account.
How Do I Start a Fundraising Campaign?
Once registered with the SOS, you can legally start fundraising. However, you’ll need to login to your account and complete a solicitation notice at least 15 days before. This must be signed by both you and an officer of the charity.
