# Scrip becomes e-scrip

- Link: https://fundraising.co.uk/1999/02/10/scrip-becomes-escrip/
- Published: 1999-02-10T00:00:00+00:00
- Author: Howard Lake

Scrip is a major fundraising tool for schools and non-profits in the US. There seems
to be no UK equivalent. Scrip are vouchers for products and services which are bought
by non-profits at a small discount and then sold on at face value.

Scrip is a major fundraising tool for schools and non-profits in the US. There seems
to be no UK equivalent. Scrip are vouchers for products and services which are bought
by non-profits at a small discount and then sold on at face value. The non-profit
group retains the difference.

Now a Californian company is transferring scrip to the Internet. Electronic Scrip
Inc has already signed up over 120 school districts and participating merchants.
Once non-profit supporters have registered their details at the eScrip site and 
start to spend with the participating merchants, a percentage of their transactions’
value is paid to their chosen non-profit. One drawback to the system is that prospective
donors have to pay a $10 annual fee to Electronic Scrip Inc. to use and benefit 
from the system.

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Source:

 * **[Fundraising on commission?](https://fundraising.co.uk/1999/02/11/fundraising-commission/)**(
   11 February 1999)
 * **[Three years ahead](https://fundraising.co.uk/1999/02/11/three-years-ahead/)**(
   11 February 1999)
 * **[Fundraisers with the golden touch](https://fundraising.co.uk/1999/02/11/fundraisers-golden-touch/)**(
   11 February 1999)