Professional fundraisers in Rhode Island are licensed and regulated by the state’s Department of Business Regulation.
A condition of licensing is that you are required to obtain a $10,000 surety bond. Our agency issues this bond to you within minutes of calling our agency.
You are automatically approved for the $10,000 Rhode Island professional fundraiser bond. The premium is just $150 annually. There is no credit check.
When you call us, we’ll ask you basic questions; it’s not even really an application as such. We’ll ask you the name as it should appear on your bond, along with your address and additional contact information (i.e. email, phone number).
After paying the $150 premium, our agency issues this bond to you immediately and mails it to you along with a Power of Attorney form for filing.
Upon receipt, you’ll sign your original bond as Principal, and file it with other paperwork received to:
State of Rhode Island
Department of Business Regulations, Securities Division
Cranston, Rhode Island 02920
The $150 premium for your fundraiser surety bond will renew annually.
Our agency gives you the option to prepay your bond up to 3 years, offering you a savings over annual renewals.
The premium prepayment option and savings are as follows:
The bond is a financial guarantee that you will conduct professional fundraising in Rhode Island in accordance with all laws and regulations.
The bond protects the state and consumers from acts of fraud, malfeasance, and other unlawful activities committed by a professional fundraiser or related persons in the course of your professional duties.
AmeriPro Surety Bonds provides professional fundraiser surety bonds nationwide.
We are also a provider of license and permit, probate, and court surety bonds in all 50 states.
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