HCB¶

go https://hackclub.com/fiscal-sponsorship
In a nutshell: Hack Club's in-house platform¹ for its fiscal sponsorship program for high schoolers-led clubs, hackathons and nonprofits, previously Hack Club Bank
benefits
- restricted fund under a US 501©(3) legal entity with dedicated account details on Column
  - note that Direct Debit is disabled on these accounts, so you have to manually transfer funds back to Stripe for refunds
- dedicated point of contact with 24-hour SLA on weekdays via email/HC Slack (for high schoolers and alumni)
- discounts and perks from its partners (see Perks page once activated)
  - most non-profit programs from companies like Google don't allow fiscally-sponsored orgs due to requirements like DUNS number and other things
tech stack (currently not open-source at the moment)²
- Ruby on Rails for backend, hosted on Heroku
- Stripe for processing online donations, invoices and virtual/physical cards
- Column for bank account details for each organization, virtual check deposits and bank transfers (both incoming and outgoing over ACH/wire)
launch post from 2019 in Medium: https://medium.com/hackclub/hack-club-bank-is-now-live-for-everyone-including-you-884f7f54836f
currently the legal home of Recap Time Squad and its projects (e.g. Community Lorebooks)