@sam In the non-profit context a "fiscal sponsorship" arrangement allows a project to get started under the tax-exempt aegis of an existing tax-exempt nonprofit. That enable the new project to solicit donations that require tax-exempt status. My org has fiscally sponsored some startup co-ops for that purpose - they can get grants where a (technically for-profit) co-op cannot.
Outside of the tax-exempt need, most startup co-ops can simply open a bank account & do their own bookkeeping early on.
@beckett That's definitely a big benefit of doing it in the non-profit context, but in a for-the-benefit-of-members co-op that may not have a non-profit mission I still think it can be useful. It effectively becomes collective accounting/lawyering, which could save a small co-op lots in expenses until they need more control over their own finances and the like.
A Fediverse instance for people interested in cooperative and collective projects.