Open Collective Europe

FAQ

• What can an open collective do? An open collective can collect one time and recurring donations, grants and sponsorships. Anyone in the community can file expenses for reimbursement. After approval by the administrators of the collective, the full amount is reimbursed. Learn More. 
  
  
• Can my collective receive financing from public institutions or grants? Yes. All collectives hosted under OC Europe can receive subsidies after signing a cooperation agreement with us. Learn more
  
  
• How much does it cost? 
• 6% fee + credit card fees (1.4% + €0.25 for European cards and 2.9% + €0.25 for non-European cards). This is suitable for smaller projects that only accept donations by card through our platform. 
  • 8% for most projects. This includes everything in the 6% tier, and also enables you to:
    • Receives a grant or a sponsorship
    • Receives tax-deductible donations
    • Receives a public subsidy
    • Receives a manual bank transfer
  • 10% for tax deductible donations from US 501(c)(3) foundations and funds through our equivalency determination. Includes everything offered in lower tiers.
    
    
• Are donations tax-deductible?
• Yes, donations from many European countries, as well as from the United States, can be tax-deductible. 

• 
  
• Regarding the US, OC Europe has been certified as equivalent to Public Charity by NGOsource. U.S. funders, including private foundations, can treat a non-U.S. organization as equivalent to a U.S. public charity if the non-U.S. organization goes through the equivalency determination process. 

Terms

• Your project's mission must fit with the Association's mission overall.
• You can't use your Collective's money for any other purpose, or for private profit.
• Projects under our umbrella are not allowed to engage in political or religious activity.
• You retain ownership of all your project's intellectual property and money.
• We will hold and manage funds on behalf of your project.