How Scrip Fundraising WorksStarting a fundraiser can seem like a big chore. But unlike other fundraising ideas, scrip is simple to get started, and it's easy to raise money!
Here's how it works:
- You'll enroll your organization in a scrip program and invite members to join.
- Your members buy retail gift cards through your scrip program at face value.
- Your organization buys the gift cards at 3-15% less than face value depending on the retailer.
- The difference between face value and what your organization pays is your organization’s earnings.
- Members use that gift card on their shopping and your fundraiser has begun!
After placing your first few orders, you’ll be able to tailor your scrip program to fit your organization’s needs. You’ll figure out how to set the order schedule to benefit families, and you’ll have a better idea of whether to offer online ordering to families or not. The important thing to keep in mind is that there’s no quota you have to meet and no set timeframe for your fundraiser.
We know, scrip sounds almost too good to be true. To ensure that this fundraiser isn't a dream, you can either give yourself a pinch or learn all of the reasons why scrip is a better fundraiser.