Scrip What is scrip
What is Scrip
Scrip is a term that means "substitute money".
When CTA families 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 us 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. Torah Academy families can use scrip to purchase everyday expenses like food, clothing, and other essentials, and with every purchase, earning revenue for CTA.
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. The idea is that an organization of 150 families can easily spend between one and two million dollars per year on food, clothing and other essentials. If our families use scrip for these purchases, we can raise as much as $40,000 to $80,000 per year for CTA --without spending an additional penny.
