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Kroger Card Fundraising

 

Kroger provides a fundraising opportunity for non profit groups to benefit from friends and family that shop at Kroger.  Madison Band Parent Boosters have signed up for this opportunity.

 

How it works

The student purchases a Kroger card from the Madison Band Parents Boosters for $5.  The card will have a $5.00 value.  The Boosters will record the card registration number and the student it was sold to.

The student or their family can “charge” the card at the Kroger service desk, up to $500.

About 15 minutes after the “charge”, the card may be used at the Kroger checkout to purchase items from Kroger. 

Kroger tracks the amount each card is “charged”.

When the total charges of all the cards purchased by Band Members reach $5,000, the band gets a check for 4% of the $5,000, or $200.  After the first $5,000 plateau, a check is sent every time another $5,000 plateau is reached.

Kroger will send the Boosters a quarterly statement of each card number and the amount charged to that card. 

 

Very Important

The card can and should be recharged at the Kroger service desk.  Upon recharging, the band will get the credit toward the next $5,000 plateau.  New cards do not have to be purchased for the band to get the credit.  The band gets credit when the card is recharged.

 

Fair Share Opportunity

For the 2006/2007 school year, the Boosters will track and apply 100% of the Kroger fundraising moneys to the student’s future band fees. 

If the student is in Junior High School, the Boosters will track the band fees until the student joins band in High School and the surplus will be applied to their band fees.  A Junior High Student could collect enough funds to completely pay for their High School Band fees.

 

Other Stuff

Due to tax implications, the Madison Band Boosters can not refund any moneys that the student and their family accumulate and the do not use toward future band fees.  Any moneys not used (due to students dropping out of band or raising more funds than needed for fees) will be applied toward the band general fund.

Families with more than one student in band may apply the moneys between their family members.

Families may purchase more than one Kroger card.  The Boosters will track the students purchasing the cards as the method of fund allocation.  In other words, the use of the card need not be limited to the student’s immediate family.

The percentage of Kroger fundraising moneys applied to the student’s future band fees may change in the future as Kroger or the Boosters change the program.

More information is available at http://kroger.com/mykroger/ms/community.htm

This is a different program than the Scrip cards.  Scrip cards should NOT be recharged, but reordered.  The band gets the profit upon order of the initial Scrip card.

 

Thanks for your support.

Madison Band Parent Booster Association

April 2006

 



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