Revision as of 15:36, 14 March 2024

Attendees: Angie, April, Leo

OCF Migration

To clarify:

Open Collective Foundation is the fiscal host (aka fiscal sponsor) that has been allowing us to use their non-profit status and their bank account. They're closing down.
Open Collective is a software platform used by many fiscal hosts, hosted projects, and other nonprofits to track finances. It will continue to exist, and if we can find a new fiscal host that uses Open Collective it will be very easy to migrate our account. We could also use a fiscal host that isn't on Open Collective, but it might make for a bit more work.

Open Collective provided a list of alternative fiscal hosts, some that use the Open Collective platform and some that don't: https://blog.opencollective.com/fiscal-hosting-options/
There's also a long list of all fiscal hosts on Open Collective, but it needs a lot of filtering: https://opencollective.com/search?q=&isHost=true . [The previous link probably already includes everything from this link that might be useful. --Angel York (she/her) (talk) 15:36, 14 March 2024 (UTC)]
Jonathan had suggested this list via email: https://www.fiscalsponsors.org/
Leo mentioned the possibility of using a regular crowdfunding platform for conferences/events
- Might be simpler
- Probably higher fees
- Probably requires one person to receive and redistribute all funds
- Using fiscal hosts/sponsors means access to their non profit status. Some donors appreciate this because it means they can write off their donation at tax time
- Doesn't provide a way to carry extra funds over to the next year (the same problem in-person B!B! is having)

Angie is working on some fiscal host applications
April is available to answer questions related to the process
The planning team might request help from the broader community (thinktank, etc.)
- If so, try to ask specific individuals for help and/or ask a group of people for people qualified to help with specific tasks

@@ Line 13: / Line 13: @@
 ===We have some options for migrating===
 * Open Collective provided a list of alternative fiscal hosts, some that use the Open Collective platform and some that don't: https://blog.opencollective.com/fiscal-hosting-options/
-* There's also a long list of all fiscal hosts on Open Collective, but it needs a lot of filtering: https://opencollective.com/search?q=&isHost=true
+* There's also a long list of all fiscal hosts on Open Collective, but it needs a lot of filtering: https://opencollective.com/search?q=&isHost=true .  [The previous link probably already includes everything from this link that might be useful.  --[[User:Angel|Angel York (she/her)]] ([[User talk:Angel|talk]]) 15:36, 14 March 2024 (UTC)]
 * Jonathan had suggested this list via email: https://www.fiscalsponsors.org/
 * Leo mentioned the possibility of using a regular crowdfunding platform for conferences/events