Scrip FAQ's 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 items like food, clothing, gas
and other essentials, and with every purchase, you earn revenue for our
organization. How does scrip generate revenue for Immaculate Conception School?
The Great Lakes Scrip Center acts on behalf of Immaculate Conception School
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 local grocery stores,
department stores, and other retailers give great discounts as well. Immaculate
Conception School orders the scrip from the Great Lakes Scrip Center and local
retailers and restaurants at a discount, and re-sells the certificates to
families like yours for full face value. The discount is from two to fifteen
percent or more is our school’s revenue. The reason for the effectiveness of
scrip is simple: families generate revenue through purchases they would make
anyway. Groceries, clothing, toys, gifts, even gasoline can be purchased with
scrip. An organization of 150 families easily spends between one and two million
dollars per year on food, clothing and other essentials. If these families use
scrip for these purchases, they can raise as much as $40,000 to $80,000 per year
for our organization --without spending an additional penny. There are no membership fees or
application fees. The beauty of the scrip concept lies in the fact that you
raise money for our school by using your existing household shopping budget.
Some families may enlist relatives, friends and neighbors to buy scrip. But
unlike other fundraising programs, scrip families do not have to "sell" anything
to raise money for our school. Can I use the scrip certificates anywhere? Yes, the certificates are accepted at
all participating retailer locations. Where will my contribution be
applied? An Immaculate Conception Church Parishioner may register to have half of the
revenue generated in their account credited to a specific family or 100% of
their revenue may be donated to the school’s fundraising account. This is a
great way for parishioners to help school families and school fundraising! | Family
Scrip Totals for 2009-2010 Scrip Order Form Great Lakes Scrip Order Form Questions? Contact Scrip Cooridnators |
