Funding Options
Direct donations are not the only way a Collective can receive revenue
Last updated
Direct donations are not the only way a Collective can receive revenue
Last updated
We encourage Collectives to get creative about funding channels beyond the standard reward tiers. Get inspired by these ideas, and come up with your own! The Open Collective platform is flexible enough to accomodate all kinds of creative approaches.
Check with your to see if these options are available to you.
Speaking to niche audiences, like developers, in their own environment is one way OSS can leverage the tangible value it provides companies. Examples include CodeFund, Carbon Ads or referral fee solutions like Triplebyte.
We about this if you want to know more.
Give something to your contributors for their donations—swag! Sell t-shirts or other items and put the funds in your Collective budget. Collectives have been using , , and .
Usually, you can set up sales revenue to go directly to your fiscal host via Paypal or bank transfer. Then the host can credit the amount to your Collective. Different hosts have different policies, so reach out to them and confirm.
As this is a manual process, hosts generally prefer aggregating transactions and crediting less frequently (such as once a month). Get in touch with your fiscal host for details.
Some projects can participate in affiliate programs. For example, Material-UI receives funding from themes via . A contributor could also start a and choose to return a % to the community.
Some Collectives have a Base Support Tier that gives Sponsors access to support hours per month in exchange for a yearly contribution. . Priority answers to issues is also something you can offer sponsors. The new should make that easier to manage.
Your Sponsors can set up bounties for features they want. We JHipster about their bounty program if you want to know more.
Webpack has been experimenting with . They give Sponsors special influence when voting on prioritization of their roadmap.