Why Join the Open Collective Foundation?

• You’re raising funds for a charitable mission that aligns with our’s.

• You’re ready to start receiving tax-deductible donations, but don’t want to open a separate bank account or aren't yet ready to form a legal entity (like a 501(c)(3)).

What We Offer:

• ​Comprehensive (Model "A") Fiscal Sponsorship/Hosting

• 24/7 Access to:

  • Your customizable account dashboard on our open-source platform

  • Our Docs & Help

  • Slack support channels

• We act as your legal entity

  • Your group doesn’t need a bank account

  • We maintain tax-exempt status for your initiative, and we include your transactions in our tax filings.

• Receive payments via multiple payment methods and add them to your budget

• Financial Administrative Services:

  • Receiving and Disbursing funds based on expense requests (after your core team's approval)

  • Tax form management

    • We collect relevant tax forms and file for 1099s

    • 1099 forms automatically sent out to your contractors who invoice >$600

  • Checkout processes from other revenue streams (i.e. if you are part of an affiliate program, are selling shirts, etc.)

  • Invoicing

  • International payment processing options for receiving/disbursing funds

  • CSV Reporting import/export options

Dashboard to manage your Initiative

• See your budget at a glance: how much money you've received and from whom

• Request expenses/grants via PayPal, wire transfer or Transferwise.

• Real-time reporting of your budget

• Show your donors (financial contributors) how the funds are spent

• a URL to give to your donors for them to make a donation via PayPal, credit card (on our site), wire transfer or checks.

• ​Support for connected services like ACT Blue, Benevity, AmazonSmile, Facebook /Instagram Fundraisers.

• Two-Step Approval Process for disbursement:

  1. Your initiative's admins first approve the expense payout,

  2. Then our team disburses the approved funds on a 2x/week basis