Scrip is just another word for “gift cards”. Yes, that’s right, the same gift cards you’d drive to the store and stand in line to buy, but when the school purchases them, we buy them at a discount. You pay the same amount for your gift card you would at the store, but the school keeps the discount amount.
When St. Mary’s School parents, parishioners from our local Catholic parishes, family and friends purchase SCRIP, they’re purchasing negotiable gift certificates that are used just like cash. The SCRIP is issued by the national and local retailers where many of our families already shop. These merchants want to support non-profit organizations, and in return ask you to support them by shopping with SCRIP at their stores. Our purchasers can use SCRIP to purchase everyday expenses like food, clothing, and other essentials, and with every purchase, they earn revenue for St. Mary’s School.
How SCRIP generates revenue for us: Scrip Pro Merchants 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. St. Mary’s School buys the SCRIP from Scrip Pro Merchants at a discount, and re-sells the certificates to parents and parishioners for full face value.
Scrip is “shopping cart fundraising”. 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 their organization –without spending an additional penny.
Retailers like SCRIP, too. Families who purchase SCRIP certificates actively support the retailers who participate in this program. The reason is simpleâ€¦ they know that buying from a scrip participating retailer provides a steady source of revenue for their church, school, or non-profit organization.