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Illinois Professional Fundraiser Bond

This bond protects donors and charitable organizations from financial harm caused by professional fundraisers who mishandle charitable funds or violate Illinois solicitation laws. The $10,000 bond must be posted with the Attorney General before fundraising activities can begin and is renewed annually.

Bond amount$10,000
State or jurisdictionIllinois
ObligeeIllinois Attorney General, Charitable Trust Bureau

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

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2323 yearsHelping clients and agents
Overview

What it is.

This bond protects donors and charitable organizations from financial harm caused by professional fundraisers who mishandle charitable funds or violate Illinois solicitation laws. The $10,000 bond must be posted with the Attorney General before fundraising activities can begin and is renewed annually.

Who usually needs it

Professional fundraisers who control or possess charitable funds while soliciting donations on behalf of charitable organizations in Illinois. This includes individuals or entities compensated to raise funds for charities. Professional solicitors who do not handle funds are exempt from the bond requirement.

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 depending on the specific bond type, state program, or underwriting requirements.

Your quote determines the actual premium.

Typical timeframe

Issuance timeframe varies by bond type and underwriting

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Frequently asked

Common questions.

What does the Illinois Professional Fundraiser Bond cover?

The bond protects donors and charitable organizations from financial losses caused by violations of the Solicitation for Charity Act, including fraud, misrepresentation, mishandling of funds, unauthorized use of charity names, or failure to provide required records. Valid claims can be filed for up to the $10,000 bond amount.

Who needs the Illinois Professional Fundraiser Bond?

Professional fundraisers who control or possess charitable funds while soliciting donations on behalf of charitable organizations in Illinois must obtain this bond. This includes consulting firms, telemarketing companies, and event planners that handle donation funds. Professional solicitors who do not control or possess funds are exempt from the bond requirement.

What is the bond amount and renewal requirement for Illinois professional fundraisers?

The bond amount is fixed at $10,000 payable to the Illinois Attorney General. The bond term runs from July 1 to June 30 each year and must be renewed annually by June 30 to maintain active registration with the Charitable Trust Bureau.

Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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