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Illinois bonds

Illinois — Professional Fund Raiser Bond

Illinois directs professional fundraisers with access to or control of raised funds to file the $10,000 CS-6 undertaking. Its term ends the next June 30, and the form expressly calls for a separate bond rather than a continuation. Prepare the actual term and registration package before treating an earlier year's document as sufficient.

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Recorded state
Illinois
Bond type
Charitable Solicitation / Fundraiser Bond
Category
Business operations & taxes

What this bond does

Provide the professional fundraiser's CS-6 security with Attorney General registration where the business has access to or control of raised funds.

Who needs it
The professional fundraising business identified on the registration statement and charity contracts. The Bureau separately registers employed professional solicitors and provides a distinct consultant application; those filings do not substitute for the fundraiser's security.
Who it protects
CS-6 benefits Illinois's Attorney General for the state, charitable purposes and persons with causes of action for solicitation malfeasance or misfeasance. Its condition requires faithful, honest and lawful fundraising, compliance with the Solicitation for Charity Act and indemnification of covered losses. Recoveries may continue until the single $10,000 aggregate is exhausted; the first claim does not automatically void the undertaking.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Details for a separate CS-6 and June 30 term

The Attorney General's registration instructions require CS-6 for professional fundraisers with access to or control of raised funds. Describe that arrangement accurately and keep the professional fundraiser as the principal. A charity's registration and an individual solicitor's PS-01 are different records.

Complete the actual start date and the next June 30 expiration on the prescribed undertaking. CS-6 states that it is a separate bond, not a continuation of a previously issued one. Arrange the new accepted document for the requested term instead of carrying over another state's continuation procedure.

Provide principal and surety execution and the applicable individual, partnership or corporate acknowledgment. The posted form also identifies a notary-authority certificate for acknowledgments outside Illinois. Confirm the Bureau's current execution directions for your signing location before submitting the completed document.

The registration package includes PFR-01, the PFR-06 charity/contract list and contracts, separate PS-01 statements for employed solicitors, entity papers and business locations. Out-of-state corporations have an additional authority-to-transact-business requirement. Follow the Bureau's current registration route and attachment directions rather than assuming bond checkout files that package.

Keep annual financial reporting distinct from registration. The Bureau provides PFR-02 with individual campaign, solicitor compensation and fee-explanation schedules. Report the actual fundraising activity through the required forms; a completed CS-6 does not file those reports or certify contract compliance.

Sources

Have these ready

  1. Explain the fundraiser's access to or control of raised contributions.
  2. Match the professional fundraiser principal to PFR-01 and its charity contracts.
  3. Arrange $10,000 CS-6 security for the actual start date through the next June 30.
  4. Use a separate undertaking and confirm the applicable entity acknowledgment and signing-location requirements.
  5. Prepare the registration/contract/solicitor attachments and keep annual campaign reporting separate.

Questions about this bond

May I submit a continuation notice instead of a separate CS-6?

The currently posted CS-6 expressly states that it is a separate bond and not a continuation of a previously issued bond. Arrange the Bureau-accepted document for the actual term rather than assuming a continuation notice from another state works here.

Is every individual solicitor the principal on this fundraiser bond?

The fundraiser business is the CS-6 principal. The registration instructions separately require PS-01 for each employed solicitor. Match those people and the business to their actual filings instead of replacing the business principal with the charity or a solicitor.

What follows Purchase Now?

Propeller's Illinois Professional Fund Raiser application opens in a new tab. Match the business principal, $10,000 CS-6 condition, start date, next June 30 expiration and execution, then complete the Bureau's required filings. Payment does not register the fundraiser or submit contracts and annual reports.

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