Open Collective Europe can fiscally sponsor Collectives that meet the following requirements:
- Activities must align with our mission & impact areas
- Activities must be charitable, to benefit and open to the public
- Collective must have no separate legal existence/entity from OC Europe (i.e. a foundation cannot duplicate its foundation on OCE, but they can launch a Fund to run a particular grant program)
- Collective must have a minimum of two admins/team members. Admins must use their real name.
🌟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 Collective fits with our service.
During your time with Open Collective Europe and on the Open Collective platform, you and anyone involved in the Collective 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 Europe 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 onerous application process, just a few straightforward questions.
- No intense reporting requirements (the platform automates that!) other than posting a straightforward annual Update to your Collective page.
Open Collective is a home for your community or collaborative charitable project - no matter how much money comes in.
If accepted to be hosted by Open Collective Europe, any raised funds are now part of the Association space and must remain in it. This mean if you ever want to transition away from OC Europe or close your account, the funds will either need to be disbursed to the community or transferred to other associations.
Any initiative based in Europe can apply to OC Europe if the aim is to:
- Create a non-profit initiative:
- The collective cannot aim to make a profit but can charge membership fees and organise activities in return for payment where these are compatible with its purpose;
- The collective cannot distribute profits to its members.
- Create a positive social impact: Sponsor’s social impact purpose is aimed at finding ways to:
- eliminate prejudice and discrimination;
- combat community deterioration;
- decrease juvenile delinquency;
- serve the less fortunate or distressed;
- serve to prevent animal or child cruelty; or
- create a positive impact on society.
- Develop tools to improve civic participation within cities or communities: Sponsor sponsors projects aimed at fostering civic participation, democratic debate and rebuilding community ties and strengths.