Opencollective Foundation is located in Covina, CA. The organization was established in 2017. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Opencollective Foundation employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opencollective Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Opencollective Foundation has awarded 11 individual grants totaling $1,004,709. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE OPENCOLLECTIVE FOUNDATION WAS FORMED TO ACT AS A HOST FOR NON FOR PROFIT PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRING TOGETHER HOSTS FROM AROUND THE WORLD AND CREATE AN OPEN LICENSE FOR OPEN COLLECTIVES, SUPPORT THEM AND GROW THE MOVEMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pia Mancini President | OfficerTrustee | 8 | $0 |
Kaitlin Thaney Secretary | OfficerTrustee | 1 | $0 |
Andrew Trask Treasurer | OfficerTrustee | 1 | $0 |
Angie Kim Board Member | OfficerTrustee | 1 | $0 |
Hafidha Acuay Secretary | OfficerTrustee | 1 | $0 |
Nan Eileen Mead Treasurer | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Justworks Professional Employment Organization | 12/30/22 | $1,188,673 |
Vacationland Llc Film Production | 12/30/22 | $386,606 |
Open Collective Inc Tech Platform | 12/30/22 | $641,452 |
Discocoop Cooperative Project Incubator | 12/30/22 | $136,028 |
Madhava Jay Software Engineering | 12/30/22 | $116,133 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $27,361,647 |
Noncash contributions included in lines 1a–1f | $433,129 |
Total Revenue from Contributions, Gifts, Grants & Similar | $27,361,647 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $27,447,708 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $389,808 |
Grants and other assistance to domestic individuals. | $290,610 |
Grants and other assistance to Foreign Orgs/Individuals | $164,790 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $221,914 |
Compensation of current officers, directors, key employees. | $78,859 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,049,178 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $67,487 |
Payroll taxes | $114,676 |
Fees for services: Management | $0 |
Fees for services: Legal | $55,306 |
Fees for services: Accounting | $107,620 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $12,823,831 |
Advertising and promotion | $32,731 |
Office expenses | $80,138 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $236,303 |
Travel | $145,057 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $30,502 |
All other expenses | $0 |
Total functional expenses | $18,312,835 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $13,882,321 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $374,484 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $14,256,805 |
Accounts payable and accrued expenses | $164,960 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $194,760 |
Total liabilities | $359,720 |
Net assets without donor restrictions | $9,134,873 |
Net assets with donor restrictions | $4,762,212 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $14,256,805 |
Over the last fiscal year, Opencollective Foundation has awarded $120,534 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
ARTICLE 19 INC PURPOSE: IN SUPPORT OF THE INTERNET FREEDOM FESTIVAL | $21,249 |
SIMPLY SECURE PURPOSE: RESEARCH: INFRASTRUCTURE FUNDER'S TOOLKIT | $49,996 |
CODE FOR SCIENCE AND SOCIETY PURPOSE: RESEARCH: INFRASTRUCTURE FUNDER'S TOOLKIT | $9,240 |
THE PENNSYLVANIA STATE UNIVERSITY PURPOSE: RESEARCH: RUST SECURITY ANALYSIS | $40,049 |