Mississippi Professional Fundraiser Bond Guide
If you’re applying for a professional fund-raiser or counsel license in Mississippi, you’ll need this surety bond.
Bond Overview
- Purpose: To protect charitable organizations from mismanagement of funds or inappropriate solicitations
- Who Needs It: Professional fund-raisers and fund-raising counsels
- Regulating Body: The Mississippi Secretary of State, Charities Division
- Required Coverage: $10,000
- Premium Rate: $100
Learn all about the bond requirements and process in this guide.
What Is a Mississippi Professional Fund-Raiser Bond?
A Mississippi professional fund-raiser bond protects charitable organizations from damages due to mismanagement of funds or inappropriate solicitation activities.
The Mississippi Secretary of State Charities Division requires this bond for all professional fund-raiser and counsel licensees to ensure they operate legally.
How Much Do Professional Fund-Raiser Bonds Cost in Mississippi?
A $10,000 Mississippi professional fund-raiser bond costs a flat rate of $100. Click below to buy your bond in minutes!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Professional Fundraiser Bond?
The Mississippi Secretary of State Charities Division requires this bond for all professional fund-raisers and fund-raising counsels in Mississippi.
How Do I Get My Bond?
With SuretyBonds.com, you can buy your Mississippi professional fund-raiser bond instantly online. Just enter your information and checkout in minutes.
We’ll mail you the bond via your preferred shipping method. Be sure to file the bond with the Charities Division as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Mississippi Professional Fund-Raiser Bond Work?
As with all surety bonds, a professional fund-raiser bond creates a legal contract between three parties:
- Principal: You, the professional fund-raiser filing the bond
- Obligee: The Mississippi Secretary of State, Charities Division requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of Miss. Code Ann. §79-11-501(g).
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your professional fundraiser bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
