This bond is required for professional fundraisers who work in Wisconsin - people or companies hired to raise money for charities and nonprofit organizations. The state requires this $5,000 bond to protect charities and donors from dishonest or fraudulent fundraising practices. If a professional fundraiser mishandles …
Overview
What it is.
This bond is required for professional fundraisers who work in Wisconsin - people or companies hired to raise money for charities and nonprofit organizations. The state requires this $5,000 bond to protect charities and donors from dishonest or fraudulent fundraising practices. If a professional fundraiser mishandles …
Who usually needs it
Professional fundraisers (also called professional solicitors) who are individuals or businesses that solicit charitable funds for compensation on behalf of charitable organizations in Wisconsin. They need a $5,000 bond if they do not have custody of contributions or a $20,000 bond if they do have custody, as required under Wisconsin Statutes Chapter 202.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateWIBond amount$5,000ObligeeState of WisconsinBond classLicense BondCategoryOtherBondBond of Professional Fund RaiserPlain descriptionThis bond is required for professional fundraisers who work in Wisconsin - people or companies hired to raise money for charities and nonprofit organizations. The state requires this $5,000 bond to protect charities and…Who needs this bondProfessional fundraisers (also called professional solicitors) who are individuals or businesses that solicit charitable funds for compensation on behalf of charitable organizations in Wisconsin. They need a $5,000 bond…
