Open Collective Foundation (OCF) is a fiscal sponsor (aka fiscal host - what's that?) dedicated to providing a simple, open, lightweight path for charitable Collectives and communities to operate through a 501(c)(3) charitable entity (what's that?).
What is Open Collective? It's is an open-source, online fundraising platform for open and transparent communities. We provide the tools you need to raise and share your finances in full transparency. 'Open Collective' founded 'Open Collective Foundation' as part of its mission to help collaborative groups collect and spend money transparently.
This quick video explains the power of the Open Collective tech platform:
We are 1 node in an international network of 600 nonprofits, LLCs, and co-ops around the world that use the same, open source software to create efficiencies with money.
Many more fiscal hosts using the OC platform to provide similar services to their communities
For Collectives
We exist to take care of the difficult administrative aspects of running a 501(c)(3) so that—instead of a bunch of compliance headaches—you can focus on impact work in your community! You don’t even need to set up a legal entity or bank account.
Open Collective Foundation can be the home for your Collective’s finances. As your fiscal host, we can be your legal entity and provide you with the financial tools you need to make an impact on the world! Read more about what we offer.
Open Collective Foundation’s hosted Collectives are totally transparent about how their funds are used, taking the pain out of financial reporting for both you and your grant recipients. Our platform also ensures that your donated funds go to our hosted Collectives quickly and easily so they can get down to the business of serving their community.