By definition, SCRIP is:

a certificate whose value is recognized by the payer and payee; scrip is not currency but may be convertible into currency.

In more practical terms, ICD SCRIP is gift cards and certificates from many retail vendors. ICD SCRIP purchases these gift cards and receives a discount that is retained by the parish.

SCRIP is a term that means substitute money. When you buy ICD SCRIP you are purchasing negotiable gift certificates that are used just like cash. The most appealing aspect of SCRIP is that this is money you would normally spend on groceries, clothing, gasoline, restaurants, home improvements, etc. This means that if you choose to purchase SCRIP, you are spending no additional money than what you would normally spend on these household expenses…. and it enables you to generate earnings to satisfy your $300 HSO obligation.

With the SCRIP program, every time you buy gift certificates the store gives back a percentage of your purchase to ICD. ICD then posts this amount to your family account. For example - you purchase $100 of Shop N Save SCRIP and receive 5% to be credited to your family account - $5.00. The percentage earned varies with each vendor (between 1½% to 25%).

Your earnings from the ICD SCRIP Program are endless and are totally dependent on the volume and frequency SCRIP is purchased. Routine weekly purchasing is the key to a successful program. Pennies made each week add up to hundreds of dollars in your family account. ICD SCRIP can provide additional financial resources to the ever increasing needs of our growing parish and school.