New York — Professional Fund Raiser Bond
Registering or re-registering as a professional fund raiser in New York? Prepare the annual bond alongside your CHAR013 registration statement. Purchase Now opens Propeller's New York Professional Fund Raiser application in a new tab; the executed CHAR015 and registration package still go to the Charities Bureau.
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- Recorded state
- New York
- Bond type
- Charitable Solicitation / Fundraiser Bond
- Category
- Business operations & taxes
What this bond does
New York Executive Law § 173 requires a professional fund raiser to file a $10,000 bond for the attorney general’s approval with each application for registration or re-registration. Registration is required before acting on behalf of a charitable organization subject to Article 7-A.
- Who needs it
- The professional fund raiser named in the registration application. Fund raising counsel, professional solicitors and charities have their own roles and forms; a charity should not purchase this simply because it raises money.
- Who it protects
- The bond runs to the attorney general for the state and people with a cause of action for solicitation malfeasance or misfeasance. CHAR015 requires faithful, honest, lawful conduct, Article 7-A compliance and indemnification of covered loss. Successive recoveries share the $10,000 sum; it is not insurance for a charity's entire fundraising campaign.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
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.
Sources
- New York Executive Law § 173 — Registration and bond (opens in a new tab)Checked October 27, 2026
- New York Attorney General — CHAR015 annual bond and instructions (opens in a new tab)Checked October 27, 2026
- New York Attorney General — CHAR013 registration and full instructions (opens in a new tab)Checked October 27, 2026
- New York Attorney General — Fundraising professionals and current linked forms (opens in a new tab)Checked October 27, 2026
Have these ready
- The exact principal name and address from CHAR013, Part A1.
- The beginning date of the annual registration and the required $10,000 bond amount.
- The authorized principal representative’s name and title.
- CHAR015 execution instructions, including original signatures and the surety’s original power of attorney.
Questions about this bond
Does a charity buy this bond for its volunteers?
This bond names the professional fund raiser registering under Article 7-A. Do not substitute a charity or volunteer group for that principal simply because it solicits donations.
What amount does New York require?
Executive Law § 173 and CHAR015 specify $10,000. The premium is quoted separately, and registration fees are a different expense.
Do the registration and bond dates need to align?
CHAR015 ties the beginning date to the annual registration and describes a period ending one year later. Prepare it for the registration or re-registration you are filing.
Does CHAR015 need both signatures?
Yes. Its instructions require original signatures from an authorized principal representative and the surety’s attorney-in-fact, with the original power of attorney attached.