diff --git a/FUNDING.yml b/FUNDING.yml
new file mode 100644
index 0000000000..f01dc66a0f
--- /dev/null
+++ b/FUNDING.yml
@@ -0,0 +1 @@
+open_collective: haskell-language-server
diff --git a/README.md b/README.md
index 03e3cd706a..7c7c1cb0e6 100644
--- a/README.md
+++ b/README.md
@@ -875,3 +875,7 @@ This will typically provide instructions for how to support new languages.
 
 In some cases you may need to write a small bit of additional client support, or expose a way for the user to set the server's [configuration options](#configuring-haskell-language-server) and
 for them to configure how the server is started.
+
+### Sponsorship
+
+If you want to contribute financially you can do so via [open-collective](https://opencollective.com/haskell-language-server). In the past the funding has been used to sponsor [summer student projects](https://mpickering.github.io/ide/posts/2021-07-22-summer-of-hls.html).