With your guidance, your Girl Scouts will learn money skills that will serve them throughout their lives. Your Girl Scout troop will plan and finance its own activities, and you’ll coach your Girl Scouts as they earn and manage troop funds. Troop activities are powered by proceeds earned through council-sponsored product program activities (such as the Girl Scout Cookie Program), group money-earning activities (council-approved, of course), and any dues your troop may charge.
Remember that all funds collected, raised, earned, or otherwise received in the name of and for the benefit of Girl Scouting belong to the troop as a whole and must be used for the purposes of Girl Scouting. Funds are administered through the troop and do not belong to individuals.
A troop bank account should be opened as soon as the troop has started collecting funds, especially because a bank account is required for all product sales and makes financial record keeping easier. Petty cash not deposited in troop accounts should always be kept to a minimum.
Girl Scout bank accounts in Citrus Council must be opened under the Council's name and tax ID number by corporate resolution. Due to audit regulations, Citrus Council is the legal co-owner of every account, and all troop accounts are always accessible for review. Troops need to use either Truist, TD Bank, Fifth Third Bank, and Fairwinds Credit Union for troop banking.
Note: this may require two lines for the troop number to be visible on mailings, checks, etc.
If your group is earning and spending money, the group needs to set up a bank account. If you're taking over an existing group, you may inherit a checking account, but with a new group, you'll want to open a new account. This usually happens when there is money to deposit, such as group dues or money from product program or group money-earning activities. Consider these tips when working with a group account:
Follow GSC's financial policies and procedures for setting up an account. Most council sponsored product sale activities have specific banking and tracking procedures.
Unused Girl Scout money left in accounts when groups disband becomes the property of the council. Prior to disbanding, the group may decide to donate any unused funds to their Service Unit, another non-profit organization, another troop or for girl activities. Girl activities can include purchasing materials to support another organization through take-action projects. When closing a personal account, be sure all checks and other debits have cleared the account before you close it and realize that you may have to close the account in person. Turn remaining funds over to a council staff member.
Debit Cards
Checks
Any checks returned by our bank as NSF (insufficient funds), account closed, refer to maker, etc. will be immediately forwarded to collections for processing. GSC will not attempt to redeposit bad checks.
Service Community Policies
Service Communities follow all troop account regulations including Finance Report reporting periods. If there is not a bank account, a zero report should be turned in.
The Service Community accounts are to be used for Service Community events that are not hosted as troop money earning events. The funds are to be used to serve the service community as a whole.
Service Community accounts should not have funds in excess of current budgetary needs. This can include camporee deposits, but should not include a “safety net” beyond any budgeted recurring charges (i.e. a storage unit).
Please use additional funds to defray the cost of events to benefit all girls in the service community.
Service Community financial status, including bank balance, must be presented to the group at each meeting to ensure everyone is aware of the availability of funds.
Troop/Group Finance Report Guidelines
Each troop is required to submit a troop finance report annually.
If the co-leader does not submit the troop finance report on or before the Council deadline, the co-leader will have an additional 10 day grace period to submit.
If the finance report is not submitted at the end of the 10 day grace period:
When a troop disbands, any unused Girl Scout money left in the account becomes the property of the council. Troop funds are not the property of any individual girl. Before disbanding, ask your girls how they want to pay it forward: they may decide to donate any unused funds to their service unit, to another troop, or to pay for girl activities. Girl activities can include purchasing materials to support another organization through Take Action projects.
Per GSUSA guidelines, proceeds received by a troop/group are non-transferable. Girls who leave the troop or leave Girl Scouting, are not entitled to proceeds earned while in the group, when they leave. PROCEEDS DO NOT FOLLOW THE GIRLS.
When closing a troop account, be sure all checks and other debits have cleared the account before you close it. Remember, you may have to close the account in person. Turn remaining funds over to a council staff member.
If you have questions about closing down troop accounts, please reach out to Customer Care at: customercare@citrus-gs.org or 407-896-4475
Troops flex their financial muscles in two distinct ways:
Participation Guidance
Girls’ participation in both council-sponsored product sale activities and group money-earning projects is based upon the following:
Additional Guidelines
Keep these specific guidelines—some of which are required by the Internal Revenue Service—in mind to ensure that sales are conducted with legal and financial integrity.
Sample Money-Earning Activities
Collections/Drives
Food/Meal Events
Service(s)
The Girl Scout Cookie Program and other council-sponsored product sales are designed to unleash the entrepreneurial potential in your girls. From there, your troop may decide to earn additional funds on its own.
Girl Scout participation in both council-sponsored product program activities and group money-earning projects is based on the following:
Keep these specific guidelines—some of which are required by the Internal Revenue Service—in mind to ensure that sales are conducted with legal and financial integrity.
Collections/Drives
Food/Meal Events
Service(s)
The Girl Scout Cookie Program and other council-sponsored product programs are designed to unleash the entrepreneurial potential in Girl Scouts. From there, your troop may decide to earn additional funds on its own.
We get it—there’s something exciting about opening that first case of Girl Scout cookies. However, before your girls take part in all the cookie program fun, it’s important they have a clear plan and purpose for their product-sale activities. As a volunteer, you have the opportunity to facilitate girl-led financial planning, which may include the following steps for the girls:
Remember: It’s great for girls to have opportunities, like the Girl Scout Cookie Program, to earn funds that help them fulfill their goals as part of the GSLE. As a volunteer, try to help girls balance the money-earning they do with opportunities to enjoy other activities that have less emphasis on earning and spending money. Take Action projects, for example, may not always require girls to spend a lot of money!
Money Earning Projects During Product Sale
Conducting a money earning project during a council sponsored product sale is generally not allowed for many reasons. If a troop would like to carry out a money earning project during the council sponsored product sales (September - November or January - March) they must qualify for an exception to the rule using the following criteria:
Complete the Money Earning Application Packet, a letter stating why you are requesting a project during the product sale and submit to Customer Care at: customercare@citrus-gs.org This request will be reviewed by the designated GSC staff to ensure it meets the money earning project requirements, does not compete with the sale and will not lead to market saturation due to too many money earning projects taking place concurrently.
Girl Scout Daisies |
The group volunteer handles money, keeps financial records, and does all group budgeting.
Parents/caregivers may decide they will contribute to the cost of activities.
Daisies can participate in Girl Scout Cookie Program activities and other council-sponsored product programs.
Daisies are always paired with a volunteer when selling anything. They do the asking and deliver the product, but volunteers handle the money and keep them safe.
Daisies should be given the opportunity to practice identifying money and counting back change with an adult during each transaction.
Girl Scout Brownies |
The group volunteer handles money, keeps financial records, and shares some of the group budgeting responsibilities.
Brownies discuss the cost of activities (supplies, fees, transportation, rentals, and so on) with guidance from their volunteer(s).
Brownies set goals for and participate in council-sponsored product programs.
Brownies may decide to pay dues to contribute to the cost of activities.
Girl Scout Juniors |
The group volunteer retains overall responsibility for long-term budgeting and record keeping but shares or delegates all other financial responsibilities.
Juniors set goals for and participate in council-sponsored product programs.
Juniors decide on group dues, if any. Dues are collected by them and recorded by a group treasurer selected by the troop.
Juniors budget for the short-term needs of the group based on their plans and income from the group dues.
Juniors budget for more long-term activities, such as overnight trips, group camping, and special events.
Juniors budget for Take Action projects including the Girl Scout Bronze Award if they are pursuing it.
Girl Scout Cadettes, Seniors, and Ambassadors |
Cadettes, Seniors, and Ambassadors estimate costs based on plans.
They determine the amount of group dues, if any, and the scope of money-earning projects.
Set goals for and participate in council-sponsored product programs.
Carry out budgeting, planning, and group money-earning programs.
Budget for extended travel, Take Action projects, and leadership projects including the Girl Scout Silver or Girl Scout Gold Awards, if they are pursuing them.
May be involved in seeking donations for Take Action projects with council approval.
Keep their own financial records and give reports to parents and group volunteers.
Every girl deserves an empowering leadership experience like Girl Scouts and local sponsors can help Councils make that vision a reality. Community organizations, businesses, religious organizations, and individuals may be sponsors and may provide group meeting places, volunteer their time, offer in-kind donations, provide activity materials, or loan equipment. Encourage your girls to celebrate a sponsor’s contribution to the troop by sending thank-you cards, inviting the sponsor to a meeting or ceremony, or working together on a Take Action project.
For information on working with a sponsor, consult your council; they can give you guidance on the availability of sponsors, recruiting guidelines, and any council policies or practices that must be followed. Your council may already have relationships with certain organizations, or may know of some reasons not to collaborate with certain organizations.
Important guidelines when approaching money earning with other organizations
When collaborating with any other organization, keep these additional guidelines in mind:
Avoid fundraising for other organizations: Girl Scouts are not allowed to solicit money on behalf of another organization when identifying ourselves as Girl Scouts (such as wearing a uniform, a sash or vest, official pins, and so on). This includes participating in a walkathon or telethon while in uniform. However, you and your group can support another organization through take-action projects. Girl Scouts as individuals are able to participate in whatever events they choose, as long as they’re not wearing anything that officially identifies them as “Girl Scouts.”
Steer clear of political fundraisers: When in an official Girl Scout capacity or in any way identifying yourselves as Girl Scouts, your group may not participate (directly or indirectly) in any political campaign or work on behalf of or in opposition to a candidate for public office. Letter-writing campaigns are not allowed, nor is participating in a political rally, circulating a petition, or carrying a political banner.
Be respectful when collaborating with religious organizations: Girl Scout groups must respect the opinions and practices of religious partners, but no girl should be required to take part in any religious observance or practice of the sponsoring group.
Avoid selling or endorsing commercial products: “Commercial products” is any product sold at a retail location. Since 1939, girls and volunteers have not been allowed to endorse, provide a testimonial for, or sell such products.
Request for Cash Gifts
Per national Girl Scout policy, no Girl Scout is permitted to ask for gifts of cash from any entity. However, if a leader, parent or adult volunteer has a connection in your community for possible cash gifts, please consult with the Fund Development Department where it will be determined how to work in partnership to secure the gift. Girl Scouts of Citrus Council, Inc.is the only legal entity that can secure and process cash gifts as a condition of our 501(c) (3) status.
Donor Designated Gifts
If an individual donor or business wishes to make a gift of cash to a specific troop/group/community then the individual donor or business must send their donation directly to council with a note including the troop/group/community name that they wish their gift to be directed.
As the registered 501(c)(3) organization in receipt of donated funds and good stewards of all donations made through our organization, it is Girl Scouts of Citrus’s responsibility to ensure that all designated troops/groups/communities are active and in adherence with Council financial requirements.
All active Girl Scouts of Citrus troops are required to have a troop bank account with two (2) unrelated signers on the account. When a donor check stipulates that donations are made to designated troops, checks must be deposited into the troop account. Council will process payment only if the following information is current:
Once the check has been processed, council will remit the donation to the appropriate troop/group/community. Note that council keeps a small fee (percentage of donation) to cover processing costs.
When collaborating with any other organization, keep these additional guidelines in mind:
Avoid fundraising for other organizations. Girl Scouts are not allowed to solicit money on behalf of another organization when identifying themselves as Girl Scouts by wearing a uniform, a sash or vest, official pins, and so on. This includes participating in a walkathon or telethon while in uniform. However, you and your group can support another organization through Take Action projects. Girl Scouts as individuals are able to participate in whatever events they choose as long as they are not wearing anything that officially identifies them as Girl Scouts.
Steer clear of political fundraisers. When in an official Girl Scout capacity or in any way identifying yourselves as Girl Scouts, your group may not participate, directly or indirectly, in any political campaign or work on behalf of or in opposition to a candidate for public office. Letter-writing campaigns are not allowed, nor is participating in a political rally, circulating a petition, or carrying a political banner.
Be respectful when collaborating with religious organizations. Girl Scout groups must respect the opinions and practices of religious partners, but no one should be required to take part in any religious observance or practice of the sponsoring group.
Avoid selling or endorsing commercial products. A commercial product is any product sold at a retail location. Since 1939, Girl Scouts and volunteers have not been allowed to endorse, provide a testimonial for, or sell such products.
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