Financial Contributions (How to Donate)
Helpful guides for Donors and Financial Contributors
Open Collective Foundation allows donors to support amazing Collectives without them having to go through the laborious process of setting up a legal entity and bank account to receive funds.
While Open Collective Foundation provides plenty of benefits for our sponsored Collectives, there are also benefits for financial contributors. Since our hosted Collectives use the Open Collective platform, their finances are transparent, and you can feel confident that the funds will be put to good use.
Since we have 501(c)(3) status with the IRS, financial contributions are tax-deductible to the extent of the law. Once received we will issue a receipt that certifies that you have made this charitable contribution and you are not receiving any goods or services in return.
If you value what a project produces or stands for, support them to maintain and grow it! You can also be recognized by appearing on their page as a financial contributor.
Further instructions on how to support one of our hosted Collectives via the above methods are included below. See Official Information and Documents for our EIN, determination letter, and banking info.
In addition to receiving funds via the above donation methods, hosted Collectives can: