Open Collective is a platform where communities can collect and disburse money transparently, to sustain and grow their projects.
To be able to operate, meetups, open-source projects, parent associations, neighbourhood associations, pet projects, clubs, unions, movements, non-profits, business incubators - all are either forced to use a physical glass jar, asking a sponsor to directly pay for their expenses, or front the huge overhead of setting up and managing a corporation or a non-profit.
Features:
- It's fully transparent (you can see where money comes from and where it goes).
- Designed for ongoing collaborative communities, not one-off campaigns or individual creators.
- Open source and designed for financial and technical transparency.
- Offers fiscal sponsorship as a service, using Fiscal Hosts.
Human beings with names. An individual signs up to Open Collective with their email address. An individual can take on different roles throughout the platform.
An Organization represents a company or legal entity in the world, with a shared identity, bank account, credit card, and resources. This is often how Sponsors engage on the platform.
Organization Admins
Individual(s) who create and/or manage the Organization profile. They have rights to edit the settings of the Organization, set up financial contributions to Collectives, and set up gift cards, among other things.
Funds
A Fund, with a capital F, (as opposed to a Collective) is a streamlined, single-payer process for supporters. A Fund is likely less interested in the 'social' & crowdfunding aspects of fundraising. This type of account will have a more simplified version of our dashboard for those who don't want all the extra features that group-organizing benefits from.
A Fiscal Host is a type of Organization.
Fiscal hosting enables Collectives to transact financially without needing to legally incorporate. A fiscal host is a legal company or individual who holds a Collective’s funds in their bank account and can generate invoices and receipts for Financial Contributors. You can think of a fiscal host as an umbrella organization for the Collectives in it.
**Fiscal Host Admin
Individual(s) who create and/or manage the Fiscal Host is responsible for approving new Collectives who want to join the host and paying out expenses approved by Collective admins.
Fiscal Host admins want tools and workflows to easily manage their tasks (paying expenses and approving new Collectives). They need to charge their fees and keep a useful accounting system. They are often the first point of contact for the Core Contributors of Collectives they host, and many are super-users.
The primary entity most representative of the basis of our platform. A Collective represents a project or group that has a mission or purpose in the world, which they raise and spend funds transparently to achieve.
Core Contributors
Individuals who are major contributors and represent the Collective with their face on the Collective page as part of the team.
Collective Admins
A type of Core Contributor with additional permissions, so they can edit the Collective, change settings, approve expenses, make financial contributions to other Collectives, and receive messages from people trying to contact the Collective.
Core Contributors want to make their communities sustainable financially, so receiving financial contributions is first on their priority list. They use tools like tiers, goals, and social media sharing. They are interested in managing and growing their communities by creating events and sending updates.
Accountant
Someone in charge of the financial records for the Collective. They have read access to all financial information (receipts, invoices, etc) bot not write access (they can't approve or pay expenses).
Event Attendee
Individuals who register to attend a Collective's event. They often arrive through a direct link provided by the event organizers. They want a smooth, hassle-free experience, clear information about the event, and ideally a pathway to stay in touch or become contributors.
Open Collective - Make your community sustainable. Collect and spend money transparently.
Govern your Collective with Metagov Gateway (opencollective.com)