Add Fiscal Host
Last updated
Last updated
In order to raise and spend money, you'll need a bank account associated with your Community.
You can:
Join a Fiscal Host, who will take care of things like accounting, banking, liability, and payments (most Communities choose this option), or
Plug in your own bank account as an Independent Community, or
Create your own Fiscal Host to hold funds for multiple Communities under the umbrella of your own legal entity.
There are different hosts that serve different missions, interest areas, and geographic. See them all here.
Click on the apply button on any host page, and if your project fits their criteria, they will approve it. (The apply button can sometimes be nestled under the actions button).
If you are an open-source project with at least 100 stars on GitHub (or equivalent other websites), you can apply to create your Community under the umbrella of the Open Source Community fiscal host.
To see your Fiscal Host options, go to your Community Page, click on the settings button and head to the Fiscal Host page.
No one: No bank account or Host connected, not able to receive and spend money.
Independent Community: Use your personal or company bank account to hold funds for a single Community.
Our Own Fiscal Host: Run your own Fiscal Host that holds money for multiple Communities.
Apply to a Fiscal Host: Join a Host that provides this service to Communities like you.
Fiscal hosts have their own application criteria, which is often based on their location, their mission or impact area and their legal status.
Applying to a host will require that you answer some questions about your project that help the host asses whether you are appropriate for their organization.
Hosts also have policies which they will make you aware of during your application, some of these policies are enforced through the Donate PR platform including:
Some hosts require that you have a minimum of two of more administrators associated with your Community. If this is the case you will be asked to invite other administrators as part of your application process.
