Open Collective Foundation can fiscally sponsor initiatives that meet the following requirements:
Activities cannot include lobbying or political campaign intervention
Initiative must be based in the United States (although activities & expense payouts can be international)
Initiative must have no separate legal existence/entity from OCF
Initiative must have a minimum of two admins/team members
🌟Make sure to review our Terms of Fiscal Sponsorship agreement, Processes and Limitations, and overview of fiscal sponsorship and fiscal hosting to ensure that your initiative fits with our service. (“Plain English” hints are provided with our Terms to help you decipher the legalese.)
During your time with Open Collective Foundation and on the Open Collective platform, you and anyone involved in the initiative are expected to follow our Community Guidelines and adhere to the platform’s Terms of Service.
Here are things that are not required by Open Collective Foundation that are sometimes requested by other fiscal sponsors:
No application fees.
No yearly flat fee (only a small percentage fee on funds raised)
No minimum budget balance.
No minimum amount you have to raise per year.
No duration requirement (You can leave Open Collective at any time)
No onerous application process, just a few straightforward questions.
No specific reporting requirements (the platform automates that!).
Open Collective is a home for your community or collaborative charitable project - no matter how much money comes in.
Or to learn more about How it Works, keep reading these Docs: