The FPA Financial Map

FPA Financial Assets

The FPA’s financial assets are held by a number of financial institutions in 2 currencies - EUR and USD.

• a bank account at BNP Paribas Belgium (EUR)
• a PayPal account (EUR)
• an OpenCollective account (USD)
• a BountySource account (USD)

Donations to the FPA

Donations to the FPA can be made in many ways:

• Direct donations to the FPA bank account via SEPA (https://www.ecb.europa.eu/paym/integration/retail/sepa/html/index.en.html)
• Direct donations to the FPA PayPal account (paypal.com/donate/?hosted_button_id=M3Z8BGW6DB69Q)
• Contributions via OpenCollective (opencollective.com)
• Contributions via BountySource (bountysource.com)
  • This refers to contributions to the FreeCAD BountySource account. Bounties for the solution of specific problems are not handled by the FPA.
• Github Sponsorships (github.com/sponsors/FreeCAD)
• Stripe (donate.stripe.com/14k3ei9TYgwFclq145)

Additional details are available at https://wiki.freecad.org/Donate

FPA Expenses

FPA Expenses are paid by:

• transfers from the FPA bank account to another bank account
• transfers from the FPA PayPal account to another PayPal account
• transfers from OpenCollective to a PayPal account
• transfers from BountySource to a PayPal account. BountySource will also issue wire transfers, but the fees involved make this an impractical method.

The FPA does not currently (2022-12-15) use a credit card. Expenses that require the use of a credit card are paid by an FPA member who then applies for reimbursement.

Fees

All of the financial institutions used by the FPA charge fees (rates as of 2022-12-15).

• BNP charges periodic account maintenance fees as well as charges for transfers and currency exchanges.
• PayPal takes 2.9% + E0.30 per transaction at the time of deposit.
• OpenCollective takes %5 on incoming transaction made by credit card. A higher rate (8%) applies to transactions via cheque or bank draft.
• BountySource takes %10 on outgoing transactions.