IRC logs for #farmOS, 2024-05-06 (GMT)

2024-05-05
2024-05-07
TimeNickMessage
[11:39:37]* fosten[m] has joined #farmos
[11:39:38]<fosten[m]>mst enta paul121 and others... How has your experience been with opencollective? We are exploring crowdfunding for some docs projects in the Plone Community. (The GDocs applicant pool was way larger than available funding) Curious of general feedback on the platform or other similar services you might recommend.
[11:39:54]<mstenta[m]>I've been very pleased with it.
[11:40:18]<mstenta[m]>Although we haven't really pushed the boundaries of it all that much... so it might depend on what you need.
[11:40:38]<mstenta[m]>The main thing to understand is you need a fiscal sponsor. So if Plone has a non-profit already, you can use that.
[11:41:19]<mstenta[m]>We use Open Source Collective (different from "Open Collective"), which is a non-profit that provides fiscal sponsor services to open source projects on Open Collective
[11:42:01]<mstenta[m]>There is a fee for Open Collective AND the fiscal sponsor takes their own cut as well (unless you use your own... but there's overhead there too, so realistically it makes sense for there to be some fee either way)
[11:42:08]<mstenta[m]>(Both a percentage of the contributions)
[11:46:45]<fosten[m]>I see. So the sponsor basically is the legal entity/bank account for processing transactions? Thanks for the info.
[11:47:19]<mstenta[m]>Yea. So in our case "Open Collective" is the platform and "Open Source Collective" is the fiscal sponsor.
[11:47:31]<mstenta[m]>Or "fiscal host"
[11:47:48]<mstenta[m]>You can see that listed above the description on our page here: https://opencollective.com/farmos
[11:48:22]<mstenta[m]>By contrast, GOAT recently set up with a different fiscal host (New Mexico Community Capital): opencollective.com/goatech/
[11:50:27]<fosten[m]>Gotcha. Thanks, this gives me some insight to report/share at our next meeting. Appreciate the discussion!
[11:50:50]<mstenta[m]>Oh I might be wrong... maybe the platform itself doesn't take a cut (??)
[11:50:55]<mstenta[m]>https://opencollective.com/pricing
[11:51:02]<mstenta[m]>But the payment processor does
[11:51:09]<mstenta[m]>So credit card fees + fiscal host fees
[11:52:11]<mstenta[m]>Open Source Collective's fee is 10%
[11:52:29]<mstenta[m]>(huh... I wonder if that changed... I thought it used to be 5% for platform + 5% for host... maybe they moved it all to the host)
[11:52:52]<mstenta[m]>(I think it was always 10% for us though + payment processor fees... so yea... it's not nothin'!)
[12:07:39]<fosten[m]>Yeah, fees, ugh. I think the discussion will come down to do we really need another platform when we have already have a sponsorship program. Or whether we can just create our own project-specific bounties with enough visibility. And how to balance that with historically volunteer efforts. Time will tell. Good food for thought!
[13:03:58]<mstenta[m]>Yea, well and project-specific bounties is NOT something the OC supported originally. I think they may have added something recently... but we haven't used it.
[15:22:46]<farmBOT>@farmOS@fosstodon.org => Thank you Rob for contributing to the #farmOS Open Collective! https://opencollective.com/farmOS @opencollect @opencollective 🎉😊 => https://fosstodon.org/@farmOS/112395239352911289