What Is Scrip?
Scrip is a term that means “substitute money”. When you purchase scrip, you’re purchasing negotiable gift certificates and prepaid cards that are used just like cash. You can use scrip to purchase everyday expenses like food, clothing, and other essentials, and with every purchase, you earn revenue for our organization.
How scrip generates revenue for you
The Great Lakes Scrip Center acts on behalf of churches, schools and other non-profit organizations to purchase large amounts of scrip from grocery stores, department stores, and other retailers.
Because the scrip is purchased with cash up front, the participating retailers offer a substantial discount. Our organization buys the scrip from Great Lakes Scrip Center at a discount, and re-sells the certificates to families like yours for full face value. The discount - from two to fifteen percent or more – is our organization’s revenue.
Scrip is "shopping cart fundraising”
Scrip is a popular fundraiser because families don’t have to sell anything. Organization members produce revenue by making regular household purchases they would make anyway. Groceries, clothing, toys, gifts, even gasoline can be purchased with scrip.
How does Scrip help Salem?
The funds generated from the purchase of Scrip are evenly distributed between projects at Church, projects at School, and Tuition Assistance. For an idea of how much this program can help the ministry at Salem let's look at the following senario:
What if we just bought Gas and Groceries?
63 families in the school (even more in the church)
Average family spends $450 on groceries and $400 on gas each month.
4% back on both Cub Foods and Kwik Trip Scrip Cards
times 12 months/year =$25, 704 what a blessing that would be!
Salem Scrip Program
CC Arnold, Administrator
©2001 Great Lakes Scrip Center wis1up.doc