Scrip is a term, having a military origin, means "substitute money".
When a family purchases scrip, they are purchasing negotiable gift
certificates that are used just like cash. National and local
merchants issue the scrip (identical in form to their gift
certificates) where many families already shop. These merchants want
to support not for profit organizations and, in return, ask you to
support them by pre-paying for these gift certificates which allow
you to shop at their stores. Families can use these gift
certificates to purchase everyday expenses like food, gas, clothing
and other essentials. With every purchase families are earning “Free
Money" -- Money for family spending, which is going to be spent
anyway, just done a little differently. How
it works.
Very simply, NOSA buys the scrip from merchants at a discount, sells
them to your organization at a discount. Your member families
purchase them at full price. Your organization keeps the difference
and applies it to their fundraising efforts in a variety of ways
(general fundraising, athletic fund, building fund, tuition
assistance).
A
Scrip Program is: 1. A group or organization put together
to sell scrip for the purpose of financially benefiting your group
and its member families. A scrip program is made up of:
A person/s in
charge of organizing the group who will set the rules regarding
ordering, sorting, distributing and compiling the financial data
necessary to make it run effectively
A group of
member families that participate
Volunteers that
help in the ordering, sorting and distributing
Suppliers of
scrip
NOSA can
consult with your coordinator from your organization to help them
handle all of the ordering, processing and paperwork for your
organization's scrip program.
2.
Becoming a NOSA Customer, what is needed:
Address (land
and e-mail) and phone (and fax) number of your organization
Name, address
and phone number of your scrip coordinator.
Documentation
of your organizations tax-exempt status
3.
In order to run an effective scrip program, you will need to:
Determine the
place and time for the most effective streamlined ordering, sorting
and distributing procedures. Further you will need to determine:
Computing and
Software needs
Office product
needs
Detailed plans
for distribution of generated assistance
Volunteer
needs.
4.
Solicit Volunteers immediately.
The earlier your
group enacts rules and procedures about volunteer work requirements
the earlier your program will be up and running. Get
parents/volunteers to commit early to help in the ordering, sorting
and distribution procedures.
5.
Start your scrip program.
Take orders
once a week at a specific time
Deliver orders
simultaneous to order drop-off to conserve need for volunteers.
Organize orders
and volunteers for date compilation and entry
Check and
re-check your totals before you order your weekly supply from NOSA
E-mail your
order t NOSA at
nwoscrip@gmail.com or use our online ordering link
Carefully count
the certificates you receive from NOSA and verify your order is
correct.
Sort each
individual family order with volunteers.
Distribute your
families' orders simultaneously to receiving your families' orders
for the following week.
