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Hi! Pia here from Open Collective - In the FUNDS case the fees are taken when the Fund is created. Donations from the Fund are free of fees afterwards. Since th
by piamancini 6y ago
Hi! Pia here from Open Collective - In the FUNDS case the fees are taken when the Fund is created. Donations from the Fund are free of fees afterwards. Since the Funds are generally bank payments, there's no Stripe fees in this case.
- lallysingh 6y agoSo for bank payments, what kind of fees are we talking about?
- piamancini 6y agoIt's 10% which gets shared 5% & 5% between the platform and the non for profit that is the custodian of the funds (and provides compliance, tax filing, 1099s,etc)
- ValentineC 6y agoIsn't there a new pricing structure [1] that's a 15% revenue share with the fiscal host? That works out to Open Collective taking 1.5% overall, if the fiscal host takes 10% gross. [1] https://opencollective.com/pricing https://opencollective.com/pricing