Fees
Like most other fiscal hosts, Open Collective Foundation charges a fee for our services. As shown below, 5%-8% commission is charged on each incoming donation (plus the third-party payment processing fees i.e. Stripe, PayPal, Transferwise-approximately 3% charges on each transaction- as those services are used).
All of the above collected fees go towards the operating costs of OCF. View our transparent budget here.
We use Open Collective Platform to organize our Fiscal Hosting. Though most crowdfunding platforms charge a fee, Open Collective Platform has graciously offered their service to our Foundation for free.
We now offer the option for financial contributors to donate an extra % which will go to Open Collective Platform's operating costs.
If you prefer to pay no fiscal hosting fees, you can become your own fiscal host.
