Rhode Island — Professional Fundraiser Bond
Rhode Island requires $10,000 security from a professional fundraiser with access, the ability to access, or control of solicited funds. Registration expires June 30 even for a part-year start. Describe the actual access arrangement and prepare the DBR-accepted undertaking before beginning work.
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- Recorded state
- Rhode Island
- Bond type
- Charitable Solicitation / Fundraiser Bond
- Category
- Business operations & taxes
What this bond does
Provide professional fundraiser security for Department of Business Regulation approval under R.I. General Laws Section 5-53.1-8.
- Who needs it
- The professional fundraising business with access or the ability to access or control solicited funds. Fundraising counsel also registers, but the statute's bond clause specifically describes the professional fundraiser with that access. The benefiting charity has its own registration duties.
- Who it protects
- Section 5-53.1-8 runs the security to the Director for the state and persons with causes of action for solicitation malfeasance or misfeasance. DBR's posted model names the General Treasurer, with a $10,000 aggregate for losses from malfeasance, nonfeasance or misfeasance in solicitation. Use the complete undertaking DBR accepts rather than changing its named recipient yourself.
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
- Rhode Island DBR — Charitable Organizations and Professional Fundraiser Applications (opens in a new tab)Checked October 27, 2026
- Rhode Island Legislature — Section 5-53.1-8 (opens in a new tab)Checked October 27, 2026
- DBR — Complete Professional Fundraiser Undertaking (opens in a new tab)Checked October 27, 2026
Have these ready
- Explain actual access, the ability to access, and control of solicited funds.
- Identify the fundraiser principal, office, legal entity and Rhode Island-authorized surety.
- Arrange the $10,000 DBR-accepted undertaking, effective date and required execution.
- Plan the thirty-day re-registration window before June 30 and required security evidence.
- Prepare charity contracts, applicable solicitor details and required records through DBR's current route.
Questions about this bond
Is the test limited to funds I physically hold?
No. Section 5-53.1-8 includes access, the ability to access, or control of funds being solicited. Explain the actual arrangement instead of relying solely on who initially receives the payment.
Should I file re-registration several months before June 30?
The statute says re-registration applications are filed no more than thirty days before the existing registration expires. Prepare ahead, but use the actual filing window and maintain the accepted security.
What follows Purchase Now?
Propeller's Rhode Island Professional Fundraiser application opens in a new tab. Match the access role, principal, accepted $10,000 condition, recipient wording, effective date and execution, then complete DBR registration. Payment does not register the fundraiser or file charity contracts.