Troop Finances

How do girls become financially empowered women? Through the Girl Scout Leadership Experience (GSLE), that’s how! Your Girl Scout troop should plan and finance its own activities, and you’ll coach your girls 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.

With your guidance, girls will learn key money skills that will serve them throughout their lives.

Establishing a Troop Account

No matter how much your troop plans on saving or spending, you’ll need a safe place to deposit your troop dues, product sale proceeds, and other funds. If you’ve stepped up to lead an existing troop, you may inherit a checking account, but with a new troop, you’ll want to open a new bank account.

Here are a few helpful tips:

Be sure to find a bank that has free checking and low fees.
Designate a “troop treasurer,” that is, one person who is responsible for troop funds and for keeping a daily account of expenditures.
Ensure your account comes with a debit card that you can use during activities or trips. These transactions are easier to track at the end of the year.
Be prepared like a Girl Scout, and make sure another troop volunteer has accessible a debit card for the troop account in case the main card is lost.
Handle a lost troop debit card the same way you would a personal debit card: cancel it immediately.
Keep troop funds in the bank before an activity or trip, and pay for as many items as possible in advance of your departure.

Follow GSHCC's financial policies (located in the appendix), requirements and procedures for setting up an account.

GSHCC’s requirements and procedures to open a troop bank account:

Troop has a minimum of two leaders who are not related to each other, at least one of whom is a female. These leaders have a current criminal background check (CBC) on file.
Troop has at least two girls who are not related to each other.
A minimum of two troop leaders have completed mandatory training (online "Successful Leader Learning Series and in-person Leadership Essentials).
Each troop bank account signer (at least one of whom is a troop leader) submits the Troop Bank Account Authorization Form 2019-2020.

Once the requirements are met, a volunteer or a staff member will contact you with further instructions to establish a troop bank account.

Troop Funds

Troop funds are not the property of any individual girl. The funds belong to the girls as a group. Troop money cannot be divided among the girls/families for personal use.

Parents/guardians have a right to know what happens to troop money. Set up a system (newsletter, financial report, regular parents’ meeting, etc.) to keep them and the girls informed about how the girls’ money is being used. Troop financial records should be open for parent/guardian/staff inspection at all times. Leaders should notify the parents/guardians they can view a summary of the troop financial report via the Volunteer Toolkit.

Keep all troop receipts for two years.

Splitting Troops

A troop split is defined as a new troop forming from the original troop; the split is communicated to the member support specialist (staff) first and then to parents/guardians; girls transfer to the new troop within thirty days of communication to staff of the troop split.

The money is proportionally transferred to the newly formed troop based solely on the number of girls who moved out of the original troop into the new troop.

Girls cannot take funds or be given troop funds for personal use if they leave Girl Scouts.

Troop funds may not be disbursed back to an individual girl member or parent/guardian.

Disbanding Troops

If girls are placed in other troops when a troop disbands, remaining money in the troop treasury will be proportionally transferred to the troop(s) where the girls are placed. If some girls do not join another troop, their portion of the unused troop funds will be given to the service unit (service unit treasurer, service team coordinator, or member support specialist).

Troop money cannot be divided among the girls for personal use. Girls cannot take funds or be given troop funds if they leave Girl Scouts.

Prior to disbanding, the troop may decide to donate the unused funds to their service unit or another troop. Girls can purchase materials to support another organization through Take-Action projects before disbanding.

Troop Transition Form – needs to be completed and submitted to your member support specialist.

Troop Transfers

Parents/guardians need to know that money in the troop’s treasury does not belong to individual girls; it belongs to the troop as a whole.

If a girl transfers to a new troop she may not take money or troop property with her.

Closing the Troop Account

Before closing the troop account, contact the service unit treasurer, service team coordinator or your member support specialist. 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. Retain proof of closing the bank account. Turn remaining funds over to your member support specialist.

Money-Earning Basics for Troops

Troops flex their financial muscles in two distinct ways:

The Girl Scout Cookie Program and other sales of Girl Scout–authorized products (magazines, or nuts and candy), organized by oour council. All girl members are eligible to participate in two council-sponsored product sale activities each year with volunteer supervision: the cookie program and the fall product program.
Group money-earning activities organized by the troop (not by the council) that are planned and carried out by girls (in partnership with volunteers) and that earn money for the group. These require council approval before implementation; complete the Money Earning Request.

Please remember Volunteers and Girl Scout council staff don’t sell cookies and other products—girls do.

Participation Guidance
Girls’ participation in both council-sponsored product sale activities and group money-earning projects is based upon the following:

Voluntary participation
Written permission of each girl’s parent or guardian
An understanding of (and ability to explain clearly to others) why the money is needed
An understanding that money earning should not exceed what the group needs to support its program activities
Observance of local ordinances related to involvement of children in money-earning activities as well as health and safety laws
Vigilance in protecting the personal safety of each girl
Arrangements for safeguarding the money

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.

All rewards earned by girls through the product sale activities must support Girl Scout program experiences (such as camp, travel, and program events, but not scholarships or financial credits toward outside organizations).
Rewards are based on sales ranges set by councils and may not be based on a dollar-per-dollar calculation.
Troops are encouraged to participate in council product sales as their primary money-earning activity; any group money earning cannot take place during the Girl Scout Cookie Program or the Fall Product Program.
Obtain written approval from your council before a group money-earning activity; complete the money-earning request form.
Girl Scouts discourages the use of games of chance. Any activity which could be considered a game of chance (raffles, contests, bingo) must be approved by the local Girl Scout council and be conducted in compliance with all local and state laws.
Girl Scouts’ Blue Book policy forbids girls from the direct solicitation of cash. When a customer orders Girl Scout Cookies that will be donated by the troop through a council approved donation program, girls can collect full payment for the purchase.
Girl Scouts forbids product demonstration parties where the use of the Girl Scout trademark increases revenue for another business, such as in-home product parties. Any business using the Girl Scout trademark or other Girl Scout intellectual property must seek authorization from GSUSA.
Group money-earning activities need to be suited to the ages and abilities of the girls and consistent with the principles of the GSLE.
Money earned is for Girl Scout activities and is not to be retained by individuals. Girls can, however, be awarded incentives and/or may earn credits from their Girl Scout product sales. Funds acquired through group money-earning projects must be reported and accounted for by the group on the annual Troop Finance Report.

Solicitation of Donations / Fundraising

Girl Scouts Heart of Central California, as a non-profit organization, has legal obligations in the solicitation of donations, including grants.
GSHCC maintains the official IRS 501(c)(3) status as a non-profit organization. Service units and troops are not legal entities, and are not non-profit organizations by themselves; GSHCC is the only entity to which tax-deductible contributions may be made. Potential donors should check with the IRS or their tax advisor on the possible tax deductibility of any donation.
Girl Scout adults who wish to fundraise, apply for grants or request in-kind donations for the council, service unit, or troop, must work with our Fund Development Department staff to ensure that their solicitation is a part of the council’s overall fund development plan.
Fundraising is the responsibility of adults; Girl Scout policy forbids girls from the direct solicitation of money (fundraising). Girls earn money through money-earning projects.
Staff members cannot provide blank official letterhead for written requests for donations, nor can they write letters of request or acknowledgment on your behalf.
Troops and service units may not use or provide GSHCC’s tax ID number for money-earning activities and/or donations that are given directly to troops or service units.
Girl Scouts, in their capacity as Girl Scouts, may not solicit or raise money for other organizations. This includes participating in walk-a-thons, telethons, products sales parties such as Pampered Chef, Mary Kay or other similar home party sales, the sale of commercial products or similar fundraising opportunities.
Crowd source funding, such as a Go Fund Me service unit/troop/girl account, is not allowed, as it is considered a direct solicitation of money. In addition, refer to the second bullet above.

Sample Money-Earning Activities
Collections/Drives

Cell phones for refurbishment
Used ink cartridges turned in for money
Christmas tree recycling

Recycling projects (garage sales, aluminum cans, etc.) do not require council approval.

Food/Meal Events

Lunch box auction (prepared lunch or meal auctioned off)
Themed meals, like a high tea or a build-your-own-taco bar, related to activities girls are planning (For instance, if girls are earning money for travel, they could tie the meal to their destination.)

Service(s)/Events in the Service Unit

Babysitting for holiday (New Year’s Eve) or council events
Raking leaves, weeding, cutting grass, shoveling snow, walking pets
Cooking class or other specialty class
Earn a Girl Scout Badge
Outdoor Skills Workshop

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.

Help Your Troop Reach its Financial Goals

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:

Set goals for product program money-earning activities. What do girls hope to accomplish through this activity? In addition to earning money, what skills do they hope to build? What leadership opportunities present themselves?
Create a budget. Use a budget worksheet that includes both expenses (the cost of supplies, admission to events, travel, and so on) and available income (the group’s account balance, projected cookie proceeds, and so on).
Determine how much the group needs to earn. Subtract expenses from available income to determine how much money your group needs to earn.
Make a plan. The group can brainstorm and make decisions about its financial plans. Will cookie and other product sales—if approached proactively and energetically—earn enough money to meet the group’s goals? If not, which group money-earning activities might offset the difference? Will more than one group money-earning activity be necessary to achieve the group’s financial goals? In this planning stage, engage the girls through the Girl Scout processes (girl-led, learning by doing, and cooperative learning) and consider the value of any potential activity. Have them weigh feasibility, implementation, and safety factors.
Write it out. Once the group has decided on its financial plan, describe it in writing. If the plan involves a group money-earning activity, fill out our Money Earning Request and submit it along with the budget worksheet the girls created.

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!

Important! Girls earn money for the troop; they do not fundraise for the troop.

Financial Management and Product Program Abilities by Grade Level

As with other Girl Scout activities, girls build their financial and sales savvy as they get older. Every girl will be different, but here you’ll find some examples of the abilities and opportunities for progression of girls at each grade level.

Girl Scout Daisies

The group volunteer handles money, keeps financial records, and does all group budgeting.

Parents/guardians may decide they will contribute to the cost of activities.

Girls can participate in Girl Scout cookie activities and other council-sponsored product sales.

Daisies are always paired with an adult when selling anything. Girls do the asking and deliver the product, but adults handle the money and keep the girls secure.

Girls 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.

Girls discuss the cost of activities (supplies, fees, transportation, rentals, and so on) with guidance from their volunteer(s).

Girls set goals for and participate in council-sponsored product sales.

Girls 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.

Girls set goals for and participate in council-sponsored product sales.

Girls decide on group dues, if any. Dues are collected by girls and recorded by a group treasurer (selected by the girls).

Girls budget for the short-term needs of the group, on the basis of plans and income from the group dues.

Girls budget for more long-term activities, such as overnight trips, group camping, and special events.

Girls budget for Take Action projects, including the Girl Scout Bronze Award, if they are pursuing it.

Girl Scout Cadettes, Seniors, and Ambassadors

Girls estimate costs based on plans.

Girls determine the amount of group dues (if any) and the scope of money-earning projects.

Girls set goals for and participate in council-sponsored product sales.

Girls carry out budgeting, planning, and group money-earning projects.

Girls budget for extended travel, Take Action projects, and leadership projects.

Girls may be involved in seeking donations for Take Action projects, with council approval.

Girls keep their own financial records and give reports to parents and group volunteers.

Girls budget for Take Action projects, including the Girl Scout Silver or Gold Awards, if they are pursuing them.

Working with Sponsors and Other Organizations

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.

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’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
A commercial product 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.

Start your troop this summer, and everyone saves!