Booster Club Fidelity Bond Requirements: Protect Funds and Strengthen Financial Oversight
Booster club fidelity bond requirements specify the minimum insurance coverage a school athletic support organization should carry to protect its treasury against dishonest acts by officers, volunteers, or employees who handle funds. Most governance frameworks recommend bonding any individual with access to the organization’s bank accounts, with coverage equal to the highest single-event cash receipt or the maximum balance held at any point during the fiscal year—whichever is greater. This guide explains what a fidelity bond covers, how to determine coverage amounts, how to obtain one, and why bonding is a foundational governance step for programs that manage donor and sponsor recognition commitments.
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