Wisconsin — Professional Fund-Raiser (Custodial) Bond
A Wisconsin professional fundraiser that will hold or control contributions uses the $20,000 custodial undertaking, CRED201. A check payable to the charity can still be in the fundraiser's custody. Establish the handling arrangement before choosing this listing instead of the separate non-custodial or fundraising-counsel forms.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Wisconsin
- Bond type
- Charitable Solicitation / Fundraiser Bond
- Category
- Business operations & taxes
What this bond does
File Wisconsin DFI's professional fundraiser custodial security for the registered applicant and its contribution-handling activity.
- Who needs it
- The compensated professional fundraiser that will at any time have custody of contributions. This is not the $5,000 never-custodial fundraiser form or the separately identified fundraising-counsel undertaking.
- Who it protects
- CRED201 requires the principal and its representatives to comply with Chapter 202, subchapter II, and applicable orders and rules. It covers amounts owed to DFI or persons with causes of action for covered professional fundraising liabilities or violations. All claims share the $20,000 aggregate; the security is not an assurance that every campaign meets its goal.
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
- Wisconsin DFI — Charitable and Professional Organization Forms (opens in a new tab)Checked October 27, 2026
- Wisconsin DFI — CRED201 Custodial Fundraiser Bond (opens in a new tab)Checked October 27, 2026
- Wisconsin DFI — CRED294 Registration Application (opens in a new tab)Checked October 27, 2026
Have these ready
- Describe possession or control of cash, checks and merchandise, including charity-payable checks.
- Match the legal applicant and all solicitation trade/DBA names to CRED294.
- Prepare the original $20,000 CRED201 and original Power of Attorney.
- Arrange principal/witness and attorney-in-fact execution and identify the claims agent.
- Gather registration attachments, charity contracts and CRED1941 notices and confirmations.
Questions about this bond
Can a check payable to the charity still make the fundraiser custodial?
Yes. DFI's application says custody includes possession or control of checks even when made payable to the charity. Describe the actual handling before choosing the custodial or never-custodial form.
Can I submit a generic $20,000 bond?
DFI's current application requires CRED201 for custodial professional fundraising, the exact applicant and trade names, and original security with the original Power of Attorney. The same sum on another form does not establish an acceptable condition.
What follows Purchase Now?
Propeller's Wisconsin custodial fundraiser application opens in a new tab. Match the applicant's actual custody role, CRED201 condition, $20,000 sum, effective date and original execution, then file the registration and campaign documents with DFI. Payment does not create the credential or file a solicitation notice.