Ohio Professional Fundraiser Bond |
AmeriPro Surety Bonds | 844-589-9732
Ohio Professional Fundraisers
Ohio professional fundraisers are licensed and regulated by the Ohio Attorney General Office.
Besides meeting other conditions for licensing and paying required fees, Ohio state law is very clear: to be licensed as an Ohio professional fundraiser, a $25,000 surety bond is absolutely required.
AmeriPro Surety Bonds offers you this bond as both a new and renewal surety bond.
Ohio Professional Fundraiser Bond: The Purpose
The purpose of your Ohio professional fundraiser bond is to protect the people of the state of Ohio and the state Attorney General Office.
The bond is a financial guarantee that a licensed professional fundraiser will comply with all rules and regulations as it relates to their professional conduct.
More specifically, the bond protects the public from acts of fraud, theft, embezzlement, and other acts of criminal malfeasance as it relates to professional fundraising.
Those who can credibly demonstrate some type of financial harm may file against your surety bond.
But, it is a surety bond, not insurance.
And since it is a surety, should a claim be paid from your bond, it is your legal liability to reimburse the surety in full for all costs and fees involved in the settlement of that claim.
Ohio Professional Fundraiser Bond: Its Premium
The Ohio professional fundraiser bond will cost you $250 for a full term. There is no application nor credit check for this bond. What this means for you is the after completion of an application — which we’ll take from you over the phone — this bond is issued immediately after payment of the premium.
Additional options also exist to prepay this bond for up to 3 years. Prepayment — available as either a 2 or 3 year term — besides the lengthening the time between renewals, offers you a savings over year to year renewal of your surety bond.
Ohio Professional Fundraiser Bond: Duration
The Ohio professional fundraiser bond and license renew annually on March 31st of each year.
If you purchase the bond mid-year or the latter part of the year, the bond’s premium may be prorated, pursuant to the other conditions mentioned above.
In order to maintain your professional fundraising license in good standing with the Attorney General Office, an active, current surety bond must be kept on file at times. The Attorney General may either suspend or revoke a license to engage in fundraising without a surety bond.
After the Purchase of Your Bond
Once purchased, your bond will be mailed by the next business day.
While we can an email a copy of the bond to you for viewing, you are only allowed to file the original bond with the Attorney General.
The bond may be sent overnight for an additional fee if required.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, contractor, court, and fiduciary bonds throughout Ohio.
Our agency also provides surety bonds nationwide.
We thank you for your consideration and look forward to helping you obtain the professional fundraiser bond as required.
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