We’re pleased to share some exciting news about
a new on-going fundraising program for Sacred Heart. It’s called “SCRIP”,
and it’s a fundraising program that works while you shop.
Scrip is simply
a word that means “substitute money” – in
other words, scrip are gift certificates or gift cards from
participating local and national retailers. They’re
the same gift certificates or gift cards that you buy at the store.
Over 300 popular local and national retailers will participate in our
scrip program. Such local businesses include Casey’s (3%), Slumberland
(5%), Freeman’s Buffet (10%), Payless Shoes (13%), Menards (3 – 4%)
and more are being added daily! National retailers include Eddie Bauer
(9%), Cabela’s (11%), Applebee’s (8%), Marriott Hotels
(12%), American Airlines (16%), Carnival Cruises (8%) and many, many
others.
You’re probably asking yourself how these stores help us raise
money. It’s simple – scrip participating retailers agree
to sell gift certificates to Sacred Heart at a discount. Member families
like yours buy the certificates for full face value, they redeem them
for full face value, and our school/church keeps the difference as
revenue. Scrip is exciting, because everybody wins:
The retailer gets
cash up front and repeat business…
- You get a powerful fundraising alternative that involves no
selling…
- Both you and Sacred Heart will earn a source of revenue that could
be used toward tuition, tuition assistance, and the general fund!!
You and your family will be the engine into how well this program
will work. From your scrip purchases 50% of the profits generated will
be credited to your families tuition and 50% will be credited to Sacred
Heart Scrip. Some planning will be needed on your part, knowing how
much you spend on essentials on a weekly basis.
For example: In one week you purchase $100 of groceries, $30 in gas
for your automobile, and spend $10 at a restaurant.
|
Weekly Scrip
|
%
Scrip Return
|
$
Earned Using
Scrip
|
$
Earned Per Year
|
Groceries |
$100 |
3% |
$3.00 |
$156.00 |
Gas |
$30 |
3% |
$0.90 |
$46.80 |
Restaurant |
$10 |
10% |
$1.00 |
$52.00 |
| TOTAL |
$140 |
|
Tuition $2.45
Sacred Heart $2.45
|
Tuition $127.40
Sacred Heart $127.40 |
This program is not just for your family either; everyone can participate
whether it is grandparent or your neighbors or coworkers. If
you had several other participants supporting your family in the Scrip
program, you could generate a lot of income in one year!
We
are very excited to begin this program, and our only hope is that
you as a family will make this program work. Simply complete the
enclosed enrollment form and you can fill out your first order. Local
businesses will continue to be added to our program, see the businesses
currently participating on the following order form – we
have been in contact will all the local businesses. Please encourage
where you do business to participate in Scrip. A heartfelt thank you
goes to all local businesses and families willing to participate in
our new program and for the support it has been given already. If you
have any questions please contact your Scrip coordinator, Brenda Galm,
at Sacred Heart School, 262-6428, or visit http://www.glscrip.com for
more information.
|
|
Frequently Asked Questions About SCRIP
Q: Where
can I use the gift cards?
- A: All over the U.S. by businesses of the same
name (for example, Best Buy)
Q: How long are they good for?
- A: One
to two years for most cards, and they debit down as you use them.
To see
if a national scrip business has any exclusions go www.glscrip.com.
Q: Can I have my orders sent to me?
- A: Yes, if you send a stamped, self-addressed
envelope. Remember, the cards are heavier than paper, so save enough
postage on the envelope.
Q: When are my scrip orders due?
- A: Scrip
orders are due at the school by 9:00 am on Fridays. Delivery of
all Scrip
orders will be on the following Friday.
Q: Can I have other people order and still receive
the tuition?
- A: Yes,
the more people you involve, the more money you will have for tuition
for your family.
Q: Can I copy the order form?
- A: Yes.
A new order form will also be returned with your orders or you
can download
one here to print yourself.
Q: When will I get a print-out of what I have saved
for tuition?
A: In June we will give you a print-out, then
twice a year.
Q: Is the tuition paid from
Scrip tax deductible?
A: No.
The tuition paid from Scrip is not tax deductible. You are receiving
a dollar
to dollar value for the Scrip you purchase. The Scrip money that
you receive towards your tuition is a “bonus” that
you have received from the businesses.
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