OC Foundation is proud to be the financial and legal home of
Kola Nut Collaborative
The Process
We do the paperwork so that you can focus on your mission.
We are part of an international network of 600 nonprofits, LLCs, and co-ops around the world that use the same, open source software to create efficiencies with money.
OC Foundation is a nonprofit with a tech platform that enables over 300 groups to raise and spend over $13 million dollars a year in full transparency.
If your group wants to:
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View your entire budget in one secure place
- Share your budget with your community
- Apply for a grant
- Offer tax write-offs when people donate
- Create mini-grants for your community
- Offer virtual debit cards to your team
- Reimburse volunteers
- Use an open-source and community-led platform
We've got you covered!
Share your budget
Everyone can see where money comes from and where it goes. Clarity and accountability without any spreadsheets or extra work!
Receive Contributions
Accept payments by credit card, bank transfer, and Paypal. Define custom tiers and set goals to motivate your supporters to give.
Manage Expenses
Contributors and vendors can easily submit receipts and invoices. You approve or reject them, and once paid your balance updates automatically.
Engage your community
Post Updates to engage supporters and share your progress and the impact of their funding. Use Conversations as a community discussion forum.
Celebrate your supporters
Leaderboard of your top funders, plus highlight how your whole community contributes in different ways.
Get monthly reports
A summary of your group’s activities, progress on your budget goals, new contributors, and expense details, with all transaction data and receipts/invoices attached.
And much more!
Virtual Cards – Free Courses – Grants – Collective Admins – Processing Payments 2x a Week – Community Forums – Tech Owned by Us – Transparency – Exit to Community – Solidarity Economies – Radical Admin –
Is OC Foundation right for you?
| Services | Hosted by OC Foundation (OCF) | Create a NonProfit | Use our tech Platform without a Fiscal Host like OCF | Hosted by Another Fiscal Sponsor | Use Another Crowdfunding Platform |
|---|---|---|---|---|---|
| Access to non profit status | ✔️ | ✔️ | ✔️ | ✔️ | ? |
| No required minimum balance | ✔️ | ✔️ | ✔️ | ? | ✔️ |
| No monthly or annual fee | ✔️ | ✔️ | ✔️ | ? | ✔️ |
| Crowdfunding tools like Tiers and Goals | ✔️ | ❌ | ✔️ | ? | ✔️ |
| Transparent finances | ✔️ | ❌ | ✔️ | ❌ | ❌ |
| Powerful money management features | ✔️ | ❌ | ✔️ | ❌ | ? |
| Automated recurring donations | ✔️ | ❌ | ✔️ | ? | ? |
| Share your ideas for the platform directly with computer engineers | ✔️ | ❌ | ✔️ | ❌ | ❌ |
| No need to open a group bank account. | ✔️ | ❌ | ❌ | ✔️ | ❌ |
| Legal and tax compliance handled for you | ✔️ | ❌ | ❌ | ✔️ | ? |
| Hands-on support from a team of professionals | ✔️ | ❌ | ❌ | ? | ? |
| Twice-a-week expense payouts | ✔️ | ? | ? | ❌ | ? |
| Join a real community with learning opportunities and peer support. | ✔️ | ❌ | ❌ | ? | ❌ |
| Streamlined employment and benefits options | ✔️ | ❌ | ❌ | ? | ❌ |
| Community-controlled technology worth $7M | ✔️ | ❌ | ❌ | ❌ | ? |
| Cost | 8% of donations (6% if you raise over $500k) | $10,000 for legal, compliance, and IRS fees | FREE (if you already have an organization) | 7-14% of donations | 5-15% of donations |
We ask for 8% of the money raised to pay our team and build technology you ask for.
$1000 raised
$920 for the Collective
$80 OCF services
$40 Staff
$40 Tech
Fees
* See more details on fees. They drop to 6% after $500k raised and 4% after $1m (for checks and bank transfers). Credit card contribution fees break down as 5% for OCF and 3% for the payment processor. OCF's own budget is transparent so you can see what fee revenue goes toward!
Collective work + transparent finances = ♥️
Click on a collective to see their budget and learn more about their impact.
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Community events
Join our Community Forum on first Fridays of the month to meet the team and other Collectives in a space of mutual support.
Upcoming events
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December Welcome Party (for OCF Collectives only)– /
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OCF "What's Update" Party– /
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Deciding Democratically with Loomio– /
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Collaborative Funding with Cobudget– /
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January Welcome Party (for OCF Collectives only)– /
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Participatory Budgeting for Orgs 101– /
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February Welcome Party (for OCF Collectives only)– /
Past events
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OCF Monthly Community Forum - Dec 2022– /
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Introduction to Democratic Decision-Making– /
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November Welcome Party (for OCF Collectives only)– /
Resources for Events
Events are part of our emergent Solidarity School, where Collectives meet one another, build trust, share skills, and learn from special guests. Events include: monthly Community Forums and Welcome Party, and a quarterly Solidarity Economy 101. We also host an ongoing Offers & Needs Market. Have something to offer to or request from the community? Share it here and visit the #oanm-collaboration channel in Slack to connect. What learning or sharing would support your Collective? Hop on Slack or join an upcoming Community Forum to let us know.
We are a group of committed people you can reach out to.
OC Foundation Board of Directors
OC Foundation Operations and Community
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Robin Bean CraneArtist-Organizer FellowCalifornia, U.S.A.
Platform Engineering and Design
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James VaughanSenior Software EngineerNY, U.S.A.
OC Foundation Network Affiliations
Resources and documentation
Get in Touch!
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Do not hesitate to reach out!
From our blog: RSS Link
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