Thursday, September 20, 2012

What Is Great Lakes Scrip?

Great Lakes Scrip, also known as GLSC, is a clearinghouse of sorts for non-profits to purchase Scrip, or gift cards, from GLSC at a substantial discount and selling the gift cards at face value, keeping the difference between the face value and discounted cost.  It is a win-win for both retailers and not for profits.

Great Lakes Scrip was founded by Carol Burgess and Carol Smith in 1994.  In that time, they have sold over $6,000,000,000 in Scrip with a net profit of $300,000,000 for non-profits.

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