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
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
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
help in the ordering, sorting and distributing
consult with your coordinator from your organization to help them
handle all of the ordering, processing and paperwork for your
organization's scrip program.
Becoming a NOSA Customer, what is needed:
and e-mail) and phone (and fax) number of your organization
and phone number of your scrip coordinator.
of your organizations tax-exempt status
In order to run an effective scrip program, you will need to:
place and time for the most effective streamlined ordering, sorting
and distributing procedures. Further you will need to determine:
for distribution of generated assistance
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.
Start your scrip program.
once a week at a specific time
simultaneous to order drop-off to conserve need for volunteers.
and volunteers for date compilation and entry
re-check your totals before you order your weekly supply from NOSA