Case Study: Hoodie builds sustainable open source funding with Open Collective

Hoodie’s Plan for Open Source Financial Sustainability

Hoodie, an open-source JavaScript backend project, faced significant challenges in achieving financial sustainability and operational transparency. The project struggled with the administrative burden of manually invoicing sponsors and lacked a legal entity to easily receive funds. Furthermore, their existing funding process through a separate company was opaque, making it difficult to be accountable to their community. They turned to the vendor Open Collective to address these issues.

By adopting the Open Collective platform, Hoodie gained a fiscal sponsor that automated financial transactions and provided complete transparency for all income and expenses. This solution perfectly addressed their core operational and trust issues. While specific monetary results are projected rather than finalized, Hoodie has a clear strategy to use Open Collective to fund a part-time community facilitator once they reach their $10,000 per year goal, which they believe will accelerate community growth and free up maintainers to focus on development.

Hoodie

Gregor Martynus

Contributor