South Carolina Professional Fundraiser Bond |
AmeriPro Surety Bonds | 844-589-9732
Professional Fundraisers – South Carolina
Professional fundraiser licensing in South Carolina is overseen by the South Carolina Secretary of State. Three groups come under the classification of professional fundraisers, and who are consequently required to obtain a surety bond. Succinctly stated, they include:
- Professional solicitors, that is, those who for pay, solicit contributions for or on behalf of a charitable organization;
- Professional fundraising counsel, that is, those who for pay, advise, manage, or offer counsel for fundraising, but who do not directly engage in fundraising personally;
- Commercial co-venturers, that is, those who engage for profit, who sponsor sales or underwrites a promotion, which is promoted to benefit the goals of a charitable organization.
Licensing of these groups involves the purchase of a $15,000 surety bond.
Qualifying and the Premium Amount
The South Carolina professional fundraiser bond is a $15,000 surety bond which has instant, credit-free qualifications.
What this means for is you that after the completion of a standard surety bond application (which can be completed over the phone with our agent), and payment of the $225 premium, this surety bond is issued to and for you immediately. There is no credit inquiry or underwriting for this surety bond.
Upon payment of the premium, a copy of the bond can be emailed to you for no additional charge, and the original surety bond will be sent to you for filing with the Secretary of State by the same or the following business day.
Additional Prepayment Options
The South Carolina fundraiser surety bond is issued for a standard term of one year. Thereafter, this bond must be renewed.
At your choice, the fundraiser solicitor surety bond can be prepaid for 2 or 3 years. Prepayment offers you a savings over year to year renewal of the $225 premium.
The prepayment of the premium options are as follows:
- Prepayment for 2 years is $405;
- Prepayment for 3 years is $585.
Purpose of Your Surety Bond Requirement
The purpose of the surety bond requirement is a guarantee for the Secretary and those from whom you solicit that you will be in compliance with all laws, regulations, and amendments regarding soliciting of charitable contributions in South Carolina.
More specifically, the surety bond is a financial pledge of your compliance with the Solicitation of Charitable Fund’s Act.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit surety bonds throughout the great state of South Carolina.
Our agency also provides surety bonds nationwide.
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