New Jersey Professional Fundraiser Bond Overview
- Purpose: To protect charitable organizations from mismanagement of funds or inappropriate solicitations
- Who Needs It: Individuals that manage, solicit and raise funds for charities in New Jersey
- Regulating Body: The Division of Consumer Protection
- Bond Amount: $20,000
- Premium Price: $300 for one year
What Is a New Jersey Professional Fundraiser Bond?
New Jersey professional fundraiser bonds ensure that charitable solicitors comply with the Charitable Registration and Investigation Act. If fundraisers act improperly, the bond ensures harmed consumers are compensated for any financial losses.
Who Needs a Professional Fundraiser Bond?
This bond is required for the following professionals:
- Independent paid fund-raisers based, operating or soliciting in NJ
- Fund raising counsels based, operating or soliciting in NJ
You’ll need the bond for your initial registration and must maintain active coverage as long as you remain registered.
How Much Do Professional Fundraiser Bonds Cost in New Jersey?
New Jersey fund raisers need a $20,000 surety bond which costs $300 for one year of coverage. You can also save 25% and time on renewals by selecting a three-year term for $750. Get your bond in minutes now.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a NJ Professional Fundraiser Bond Work?
As with all surety bonds, a professional fundraiser bond creates a financial contract with three parties:
- Principal: You, the fundraiser or fundraising counsel filing the bond
- Obligee: The New Jersey Division of Consumer Protection
- Surety: The issuing surety provider
If you violate this contract, harmed parties can file claims for reimbursement. Actions that may result in bond claims include the following:
- Misrepresenting any soliciting material
- Using symbols, statements or names closely related to another charity
- Failing to comply with the Consumer Fraud Law
- Distributing honorary membership or courtesy cards related to solicitation of funds
The surety will validate and pay claims, then you must reimburse the surety provider.
How Do I Get a Professional Fundraiser Bond?
You can get your NJ fundraiser bond in minutes using the form on this page. It only takes three steps:
- Select your term length.
- Enter your personal information.
- Provide payment details.
We’ll email you the bond right after you check out. If you don’t see the bond in 5–10 minutes, please check your junk folder.
How Do I Renew My Bond?
We’ll send out helpful email and text reminders before your professional fundraiser bond expires. Just pay the renewal premium to extend your current bond coverage for another 1–3 year term.
How to Become a Professional Fundraiser in New Jersey
The DCA’s Charitable Registration Section manages all individual professional fund-raiser and fundraising counsel applications. To apply, go to the DCA’s registration portal and submit these materials:
- $250 registration fee
- Copies of charitable organization contracts
- $20,000 surety bond
- Solicitor registration forms
Registrations must be renewed annually.
