1 (844) 589-9732 info@ameriprosuretybonds.com

New Mexico Fundraiser Bond

New Mexico Fundraiser Bond | AmeriPro Surety Bonds |

Call Us at 844-589-9732

 

 

 

New Mexico Professional Fundraisers

 

 

 

Besides obtaining a New Mexico fundraiser bond, organizations which operate as charities in New Mexico, and, who also meet certain regulations, are required to be registered with the New Mexico Office of the Attorney General.

If the organization is a “professional fundraiser,” New Mexico state law also mandates that they must register as such.

 

 

 

New Mexico Fundraiser Organizations:

 

 

 

The following types of charitable organizations may be required to register as professional fundraisers in New Mexico.

  • Environmental groups
  • Educational institutions;
  • Religious organizations;
  • Organzations engaging in some philanthropic cause;
  • Civic organizations;
  • Patriotic organizations;

Professional fundraisers are defined as: “…a person that solicits or employs or directs others to solicit contributions from the public on behalf of a charitable organization in exchange for compensation and has custody or control of the contributions; provided that “professional fundraiser” does not include a director, officer, bona fide employee or salaried officer, volunteer, attorney, accountant or investment counselor of a charitable organization..”

 

 

 

Becoming Licensed as a New Mexico Professional Fundraiser:

 

 

 

Before solicitation of funds begins, the submission and approval of a New Mexico fundraiser license is required.

Licensing involves:

* Completion of a New Mexico fundraiser application;

* Providing the name of the fundraiser organization, including addresses, emails, and contact information;

* Stating the names of the persons who will have custody over the funds raised;

* Providing the names, addresses, and contact information for all officers and directors of the New Mexico fundraiser company;

* A full description of the method or methods used to raise funds;

* Providing the amount to be paid to the professional fundraiser, and the total amount – or net amount of funds raised which will go to charity;

* Finally, obtaining a $25,000 New Mexico fundraiser bond, which must be included when the application is submitted. The application will not be processed without the surety bond.

 

 

 

New Mexico Fundraiser Bond: The Purpose of this Bond

 

 

 

The state of New Mexico requires a New Mexico fundraiser bond for $25,000.

The bond is to protect others, not including the fundraiser entity, from any real acts off theft, fraud, or other criminal malfeasance related to the duties as a professional charitable fundraiser.

The bond should not be construed as a liability insurance policy; this it is not.

A liability insurance policy would be purchase to protect the charitable fundraiser entity.

 

 

 

New Mexico Fundraiser Bond: The Cost

 

 

 

While the face value of the New Mexico fundraiser bond is $25,000, applicants may pay as low as 1%, or $250.00, for the surety bond.

The premium for the bond will be determined primarily by the applicant’s credit score.

AmeriPro Surety Bonds will work to obtain the best pricing for this surety bond regardless of your credit.

 

 

 

New Mexico Fundraiser Bond: Duration

 

 

 

The New Mexico Fundraiser bond is issued for a period of one year; thereafter the bond must be renewed in order to maintain licensing.

The renewal premium will be conditioned upon an applicant’s credit scoring at the time of the renewal.

 

 

 

About AmeriPro Surety Bonds

 

 

 

AmeriPro Surety Bonds is a surety-bonds only company which provides license and permit, contractor, and fiduciary bonds throughout New Mexico and all 50 states.

 

 

 

We know you have choices

 

 

 

And because we do know you have choices, we are even more grateful that you’ve chosen us for your New Mexico fundraiser bond.

 

 

 

Call AmeriPro Surety Bonds today at 844-589-9732

AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

apply today

recent news

Lost Cashier’s Check Bond | Lost Instrument Bond

If you’ve lost a cashier’s check or money order, to replace it, the banking institution will require that a “Lost Instrument bond” be purchased in order to re-issue it. Learn how to quickly purchase this bond with AmeriPro Surety Bonds.

Mortgage Broker Bond

A mortgage broker bond is a license and permit bond which states require to become properly licensed and which is also required to protect the public from wrongful acts committed by a mortgage broker.

Notary Public Bond California

A notary bond, also known as a notary public bond, is a bond that is required by the state of California to engage in the business of witnessing signatures on documents. 

Montana Notary Bond

Montana Notary Bond | AmeriPro Surety Bonds |844-589-9732       Notary Licenses – Montana       As a condition of licensing with the Montana Secretary of State, you are required to purchase a $10,000 notary surety bond. The bond is issued...

Montana Process Server Bond

Montana Process Server Bond | AmeriPro Surety Bonds | 844-589-9732       Licensing of Montana Process Servers/Businesses       There are two separate surety bond amounts for Montana process servers: There is a $10,000 surety bond...

Montana Viatical Settlement Provider Bond

Montana Viatical Settlement Provider Bond AmeriPro Surety Bonds | 844-589-9732       Montana Viatical Settlement Providers       The Montana Secretary of State licenses and regulates viatical settlement providers. A condition of licensing...

contact us

Office: 1 (844) 589-9732

Email: info@ameriprosuretybonds.com

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)