Re: Troop Savings Plan
Jim Sleezer (JHS8@VM1.UCC.OKSTATE.EDU)
Wed, 1 Apr 1998 13:33:16 -0600
On Fri, 27 Mar 1998 15:47:43 EST DAVEHR66 said:
>My question is regarding Troop Savings Plans. An adult in my troop just
>brought up the this idea to the committee and it is such a complicated program
>that we are not really sure how to operate it.
I'm not sure what is currently available but I can tell you how our program
worked (very well) a number of years ago. National had a printed card with
numbers around the edge. On the face of the card was a space to write the
value of each "punch". The scout carried a card and a matching card was kept
in the troop record box. Each time the scout made a deposit, his card was
matched with the one from the box and both were punched. In those days, we
made a punch worth 25 cents and when the scout had all the numbers punched,
he had enough to pay for a week at summer camp! The monies collected were
deposited to the troop bank account. When it came time to pay camp fees, the
troop collected any remaining balance from the scout and forwarded the total
fee to the council. I think the card said something like "Camp Savings Plan"
and, in my unit at least, was restricted to money for summer camp. If you're
wondering, I believe the card had 50 punches on it. You can guess how long
ago that was!
More recently, I've seen "Scout Buck" accounts. These are usually kept on
paper with scouts being credited for helping with fund raisers, popcorn sales,
etc. The scout can usually draw on these accounts to pay for scout activities.
The best form of this I've seen was similar to a bank pass book. The troop
maintained the records and also wrote the amounts on the scout's pass book.
When the scout wanted to use the funds to pay for a scout activity, he turned
in his passbook with the request. The troop treasurer deducted the amount from
the troop records and from the pass book. The pass book was then returned to
the scout with a check if the amount was for a reimbursement or a note if the
money was sent elsewhere such as to the council office for summer camp fee.
I've not seen scouts deposit to these accounts, but don't see why it couldn't
Record keeping can be done with a spread sheet or with an accounting package
like Quicken. I suspect TroopLedger will also do this type of thing.
Terry Howerton Sakima Group, Inc. SCOUTER Magazine Kansas City