How to donate or transfer funds into your page
If you have an initial balance you need to transfer over, you can do this either through a bank transfer for via credit card, take a look below to find out how.
Fundraising using Accountable is very easy!
You can receive one off donations, monthly contributions, sell event tickets & others!
People can donate two ways:
Credit/Debit Card - the platform uses Stripe, which is a third party software, to process card payments safely and in real time. Stripe takes a fee 20p + 1.4 % of the amount sent. Neither us or Open Collective are ever able to waive this. In addition to the 5% hosting fee.
Bank Transfer - if someone donating to your page selects bank transfer, they will receive an email from us with our bank details and a reference number. They need to make sure to include the reference number when they transfer to ensure we can allocate the donation back to you.
For the most part we try not to get directly involved in your relationship with your contributors. Whether they're members of your community or just generous supporters, we prefer to let you run your group in your own way and only step in if there's a problem. If anyone has a general question about donating to your page we recommend sharing this FAQ for contributors from OC. If someone has a specific problem or need help with this, just reach out to us and we'll do our best to help.
One of the benefits to having a fiscal host is that it allows you to apply for several grants that would be otherwise unavailable to you as an unincorporated group. We are always happy to support applications for funding for our groups. Just get in touch with us and we can have a chat about it as we will often need to sign the grant contract and receive the grant on your behalf.
For any grant application where we are required to enter into a grant agreement on your behalf we ask for a 7% fee. This is because the amount of admin and the risk we're taking on on your behalf is much greater than with a standard hosting arrangement.
Sometimes the Funder will cover this fee, other times the fee is coming out of the funding you receive.
Anyone can donate to your page. You can share the link to your page with supporters and on social media and use it like a crowdfunding page. You can use it to collect membership subs as well as donations and sponsorship. One of the first things you'll need to do when you've created your page is set up the tiers and goals, once that's set up your page can receive all kinds of regular and one off payments.
OC allows for any organisation to make a payment straight to a group's page. They will have set up an organisation page but and it allows for a local business, trade union branch or local government to have their donation clearly displayed on your page.
It's also very easy to transfer money between two different groups with groups pages on OC. For more information check out Open Collective's .