# Leaving Open Source Collective

Once you join OSC, there is no contractual obligation to stay with us. It is a sign of success when hosted projects scale beyond our fiscal hosting program!

## Moving to a New Nonprofit

We are happy to transfer any funds or assets held on behalf of your project to another non-profit fiscal host/sponsor, as long as the funds will continue to support open source.&#x20;

To start the process, please email us at *<hello@oscollective.org>* and let us know you would like to transfer your assets to a new fiscal host.&#x20;

We will send you a form to fill in with some of the information we need to complete the request, which includes:

* Name and URL of the OSC project's Open Collective profile
* Name and URL of the nonprofit entity acting as the new fiscal host&#x20;
* Country and/or State of registration of the nonprofit entity
* Assets that need to be transferred e.g. monetary funds, trademarks, domains, employees
* Full name and email address of the signatory for the collective
* Full name and email address of the signatory for the new fiscal host
* A copy of the new fiscal host's non-profit determination letter&#x20;

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## Closing My Project

If your project is closing down, you will need to do the following:

* If OSC employs maintainers on your project's behalf, please email us at *<hello@oscollective.org>* to ensure we have enough time to transition the employee.&#x20;
* Verify all associated expenses with your project have been submitted, approved, and processed for payment.
* If you have virtual cards, update your card information on any external services that store payment information. Virtual cards associated with your project will be deactivated once you are unhosted.
* OSC may need to hold back funds if you have any outstanding contracts with unbilled amounts or non-transferable grants.
* If OSC holds domains or trademarks on behalf of your project, please provide a complete list of all assets to be transferred.
* Notify funders with recurring sponsorships or any institution that has provided grants. Inform them that you are shutting down the project and ask what they would like to do with any remaining grant funds.


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