Washington Commercial Fundraiser Bond Overview
- Purpose: To protect charities from illegal solicitation activities
- Who Needs It: All professional fundraisers in Washington
- Regulating Body: The Washington Secretary of State (SOS)
- Bond Amount: $25,000
- Minimum Price: $246; credit-based
What Is a Washington Commercial Fundraiser Bond?
A Washington commercial fundraiser bond protects charitable organizations from mismanagement of funds. If you contract with charities to solicit donations in Washington, you need a $25,000 surety bond.
How Much Do Commercial Fundraiser Bonds Cost in Washington?
Washington commercial fundraiser bonds start at just $246 — less than 1% of the bond amount! Your exact rate will depend on your personal credit score.
Apply now for a free, same-day quote.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a Washington Fundraiser Bond Work?
When you file a commercial fundraiser bond, you enter into a three-party agreement.
| Bond Party | Description |
|---|---|
| 1) Principal | The fundraiser purchasing the bond |
| 2) Obligee | The Washington Secretary of State requiring the bond |
| 3) Surety | The issuing surety provider |
If you break the bond terms, harmed parties — like donors or the state — can file claims against your bond. The surety will pay valid claims up to the full $25,000 amount. However, you’ll need to refund the surety.
How Do I Get Bonded as a Professional Fundraiser?
To start the bonding process, just fill out the quote request form. We’ll run a soft credit check and send you your exact price within one business day.
Once you pay for your bond, we’ll email the official bond form directly to you. Be sure to sign and file it with the SOS.
Can I Get Bonded With Bad Credit?
Even with poor credit, you might still be able to get bonded. Apply for a free quote to learn how credit impacts your cost.
How Do I Renew My Commercial Fundraiser Bond?
Washington commercial fundraiser bonds expire annually. We’ll send you reminders and an invoice starting 90 days before renewal. Just pay the premium to extend your bond term.
Can I Make Changes to My Bond?
If you need to change any information on your bond, contact us by calling 1 (800) 308-4358 or emailing [email protected]. We’ll issue a bond rider to amend your form if possible.
How to Become a Commercial Fundraiser in Washington
To become a commercial fundraiser, you’ll need to register with the Washington Secretary of State by submitting the following materials:
- Fundraising Service Contract Registration Form
- Copy of your written agreement with the charitable organization
- $25,000 surety bond
- $20 filing fee
You can submit these documents in-person or by mail. There’s a $100 fee for expedited processing.
How Much Does It Cost?
You can expect to pay at least $566 to become a professional fundraiser. This includes the following fees.
| Fee Type | Amount |
|---|---|
| Registration Fee | $300 |
| Renewal Fee | $225 |
| Form Filing Fee | $20 |
| Surety Bond Premium | $246+ |
