Fiscal sponsorship enables powerful possibilities, but it can be a pain to manage. How do you keep track of the budgets for all the projects under your umbrella? How about processing expense claims and payouts? It's easy to get overwhelmed by complex spreadsheets and countless email threads.
Open Collective automates back-office processes, so you can spend less time doing admin. This enables fiscal sponsors to better serve their current projects, and potentially welcome new ones. If you decide to charge a fiscal sponsorship fee, you set a percentage and it accrues automatically.
A better experience
Open Collective makes it possible to offer services that aren't feasible manually. Reporting is automatic, in real-time, meaning funders and projects participants can see their updated budget at any time. Combine grant funding, sponsorship, crowdfunding, and fundraiser event income, with no extra overhead. Detailed recordkeeping for your accountant is a breeze.