diff --git a/.github/FUNDING.yml b/.github/FUNDING.yml
new file mode 100644
index 0000000000..f2427b9ed5
--- /dev/null
+++ b/.github/FUNDING.yml
@@ -0,0 +1 @@
+custom: ["https://opencollective.com/thewpcc/contribute/wp-php-63406", WP PHP]
diff --git a/README.md b/README.md
index 459adb0414..0175164c96 100644
--- a/README.md
+++ b/README.md
@@ -39,13 +39,17 @@
 * [Fixing errors or ignoring them](#fixing-errors-or-ignoring-them)
     + [Tools shipped with WordPressCS](#tools-shipped-with-wordpresscs)
 * [Contributing](#contributing)
+* [Funding](#funding)
 * [License](#license)
 
+---
 
 ## Introduction
 
 This project is a collection of [PHP_CodeSniffer](https://github.com/squizlabs/PHP_CodeSniffer) rules (sniffs) to validate code developed for WordPress. It ensures code quality and adherence to coding conventions, especially the official [WordPress Coding Standards](https://make.wordpress.org/core/handbook/best-practices/coding-standards/).
 
+This project needs funding. [Find out how you can help](#funding).
+
 ## Minimum Requirements
 
 The WordPress Coding Standards package requires:
@@ -62,7 +66,7 @@ For the best results, it is recommended to also ensure the following additional
 
 ## Installation
 
-As of WordPressCS 3.0.0, installation via Composer using the below instructions is the only supported type of installation.
+As of [WordPressCS 3.0.0](https://make.wordpress.org/core/2023/08/21/wordpresscs-3-0-0-is-now-available/), installation via Composer using the below instructions is the only supported type of installation.
 
 [Composer](https://getcomposer.org/) will automatically install the project dependencies and register the rulesets from WordPressCS and other external standards with PHP_CodeSniffer using the [Composer PHPCS plugin](https://github.com/PHPCSStandards/composer-installer).
 
@@ -248,6 +252,10 @@ At this moment, WordPressCS offer the following tools:
 
 See [CONTRIBUTING](.github/CONTRIBUTING.md), including information about [unit testing](.github/CONTRIBUTING.md#unit-testing) the standard.
 
+## Funding
+
+If you want to sponsor the work on WordPressCS, you can do so by donating to the [WP PHP Open Collective](https://opencollective.com//thewpcc/contribute/wp-php-63406).
+
 ## License
 
 See [LICENSE](LICENSE) (MIT).