This documentation primarily relates to Open Collective Foundation. If you are looking for general documentation about the Open Collective software platform, also used by many other fiscal hosts, see the Open Collective documentation.
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Since the Open Collective platform works with hosts and initiatives all over the world, Open Collective Foundation (as a US-based fiscal host), has developed some specific terms to describe interactions and roles, laid out in Open Collective’s documentation. As a result, you will notice that we tend to use the terms “fiscal host” rather than “fiscal sponsor” and “financial contribution” rather than “donation.”
In contrast to the Open Collective platform documentation, OCF uses the term “initiative” to describe our hosted groups rather than “collective,” since we host both Collectives and Funds.