Invoice #208945 to The Legacy Asset Network
Onboarding Fee
Paid
Invoice #208945
Submitted by The Social Change Nest•Approved by Adé Yusuf
Jun 28, 2024
Invoice items
Onboarding Fee
£42.00 GBP
Total amount £42.00 GBP
Additional Information
payout method
Bank account
Details
********Collective balance
Expense policies
Expense policies
The Legacy Asset Fund Expense Policies
Expenses will be covered for costs which support and progress accessible participation opportunities for all members of the collective. For example, and not exhaustively, these include payment for:
Accessing space - Support for booking/accessing conducive and appropriate space to host and deliver accessible participation activities, workshops and sessions that create value for and in the community.- Equipment - Support for equipment upkeep and maintenance such as but not limited to software & hardware updates to increase the capacity to support accessibility and participation.
- Continued development - Support to meet training and upskilling needs necessary to maintain accessible offers of participation in Barking & Dagenham.
Expense Requests & Approvals:
When
- In the first instance, payments for repairs to gifted assets will be approved as soon as the platform becomes available. Following that, they will be approved during the first week of each month, for expenses incurred during the previous month.
- Other expenses will be approved as soon as possible by a member of the administrator team.
- After the administrator team has approved claims, the Social Change Nest team will process these on their next working day- Mondays, Wednesdays and Fridays.
What?
- As members of the collective, we are responsible for making sure submitted invoices remain in line with the proposals outlined in our respective Legacy Asset Applications, or following a majority poll from at least 2/3rds of the group if funds are requested for purposes outside of the proposals outlined in corresponding Legacy Asset applications.
- It would be helpful to the admin team if each invoice is identified with the asset & purpose associated as part of the description.
- Everyone will take individual responsibility for being aware of their own benefits implications when submitting an invoice and declare work appropriately for tax reasons.
- Invoices and receipts must clearly show the amount, date, provider name, legal address (or other identifier where a receipt) and what the payment is for.
- Expenses will only be paid if there is enough income to cover the expenses within the collective.
Contacting the Collective admin team:
If you have any questions or concerns about payments using the Open Collective platform, please contact the Collective admins within working hours (9-5, Monday to Friday).
FAQ
How do I get paid from a Collective?
Submit an expense and provide your payment information.
How are expenses approved?
Collective admins are notified when an expense is submitted, and they can approve or reject it.
Is my private data made public?
No. Only the expense amount and description are public. Attachments, payment info, emails and addresses are only visible to you and the admins.
When will I get paid?
Payments are processed by the Collective's Fiscal Host, the organization that hold funds on their behalf. Many Fiscal Hosts pay expenses weekly, but each one is different.
Why do you need my legal name?
The display name is public and the legal name is private, appearing on receipts, invoices, and other official documentation used for tax and accounting purposes.
Collective balance
£4,343.00 GBPFiscal Host:
The Social Change Nest