School fundraising made easy by Credit Union SA
24 May 2018
Credit Union SA’s School Community Rewards program has raised $150,000 for participating schools, relieving the fundraising pressure on parents and helping their school communities at the same time.
“We’re very proud of what our School Community Rewards program has achieved so far, generating substantial financial benefits for participating schools and their communities all without any teachers or parents having to volunteer their time,” said Credit Union SA CEO, Grant Strawbridge.
Parents of school-aged children know that traditional school fundraising activities can be quite time and labour intensive, and after all is said and done they may not reach their goal.
"To make a $1000 profit for the school, we would normally need to buy supplies (bread, sauces, snags, onions, serviettes) promote the barbeque, roster some parents, set up the barbeque, and then cook and sell at least 700 sausages. Don’t forget the crying from the onions too!” said Jonno, primary school parent.
The best part about the School Community Rewards program is that parents and teachers improve their own financial position and help their school at the same time. All without needing to volunteer time out of their busy lives.
"It's been an enormous help, allowing us to fund projects for students that otherwise would have still been in the planning stage,” said Steve, Primary School Principal.
How both parents and schools can benefit
How does the program work exactly?
Raising funds through School Community Rewards is done in three easy steps, and all members of each school’s community – parents, teachers, grandparents or friends – can help.
- Open a Credit Union SA account or product (like a home or personal loan, transaction account or insurance)
- Nominate the school as their beneficiary
- Credit Union SA will donate a portion of their profit back to the school
The donated funds can be used by the school for important purchases, such as computers for classrooms, playground equipment, sports equipment or anything else they choose.
Offer current as at 10/8/2017 and is subject to change. Membership criteria apply. All members of the school community must consider their own circumstances and obtain their own advice before joining School Community Rewards. The school takes no responsibility for any advice or product provided by Credit Union SA Ltd. This information is general in nature and doesn’t take into account your own personal circumstances. It is important for you to consider the terms and conditions before acquiring any of our products or services to help you decide whether they are suitable for you. Conditions and fees apply. Lending criteria apply to all credit products. Products are issued by Credit Union SA Ltd except for insurance where the Credit Union acts as an agent for Allianz Australia Insurance Ltd AFSL 234708. Please refer to Credit Union SA’s Financial Services Guide and Credit Guide for full details on all referral partners, underwriters and associated companies.
Credit Union SA Ltd, ABN 36 087 651 232, AFSL/Australian Credit Licence 241066. Credit Union SA Centre, 400 King William Street, Adelaide SA 5000