Money Management

 

Helping girls decide what they want to do, and coaching them as they earn and manage money to pursue their goals, is an integral part of the Girl Scout Leadership Experience (GSLE). Your Girl Scout group plans and finances its own activities, with your guidance. At the same time, the girls learn many valuable skills that serve them throughout their lives.

Girl Scout groups are funded by a share of money earned through council-sponsored product sale activities (such as Girl Scout cookie activities), group money-earning activities (council-approved, of course), and any dues your group may charge. (This is in addition to the $12 annual membership dues that go to the national organization.) This chapter gives you the ins and outs of establishing a group account and helping girls manage their group’s finances, practice successful product-sales techniques, review the safety requirements around product sales, and understand how to collaborate with sponsors and causes.

  • Chapter 5 Supplement -- Chapter 5 of the Volunteer Essentials supplement outlines the financial procedures that troops/groups should follow to manage girl monies. The supplement covers topics including: establishing bank accounts, managing group funds, group finance report, money earning guidelines and collaborations with sponsors and other organizations.
  • Bank Comparison Booklet -- this booklet provides the services and branches available under the preferred banks to assist in selecting a bank most appropriate for your group.
  • Service Unit Treasurer Position Description -- this document outlines the duties and responsibilities of a volunteer Service Unit Treasurer.
  • Regional Finance Coordinator Position Description -- this document outlines the duties and responsibilities of a volunteer Regional Finance.
  • Troop Money Manager Position Description -- this document outlines the duties and responsibilities of a volunteer Troop Money Manager.
  • Budget Worksheet -- this spreadsheet will assist troops/groups plan expenses for the upcoming year. Troops are encouraged to use this budget form with parents and girls at their first troop/group meeting to plan for the year. Maintaining a working troop/group budget will provide girls an opportunity to use their money management skills.
  • In-kind Donation receipt -- this letter recognizes donations/solicitations less than $250. This letter may be completed as applicable and sent to each donor giving less than $250 directly by the troop/group for the donor’s tax purposes. Solicitations $250 or more must be approved by the council prior to the request to the donor. See the Solicitation Request Form for donations $250 or greater.
  • Troop/Group Finance Report (this Excel spreadsheet will replace the previous manual Troop Finance Report) -- this interactive worksheet will allow the user to enter income and expenses for the troop/group on the appropriate tab. The summary page will be populated based on the information provided for ease of use.
  • Service Unit Finance Report (this Excel spreadsheet will replace the previous manual Service Unit Finance Report) -- this interactive worksheet will allow the user to enter income and expenses for the Service Unit on the appropriate tab. The summary page will be populated based on the information provided for ease of use.
  • Solicitation Request Form and Instructions -- Complete form to provide the necessary information to ensure donations are solicited in keeping with IRS and GSUSA guidelines. The form must be used prior to soliciting donations $250 or greater in value. The completed form may be submitted to the This email address is being protected from spambots. You need JavaScript enabled to view it. or mailed to the attention of the Finance Reports Specialist at GSSWT, 811 N. Coker Loop, San Antonio, Texas 78216.
  • FAQs -- This document covers the basics of completing a Background Check form, Solicitation Request form and request a tax-exemption form.

 

Questions? Please This email address is being protected from spambots. You need JavaScript enabled to view it. .

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Girl Scout Mission

Girl Scouting builds girls of courage, confidence and character, who make the world a better place.

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Girl Scout Promise

On my honor, I will try:
to serve God and my country,
to help people at all times,
and to live by the Girl Scout Law

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Our Locations

Sally Cheever Girl Scout Leadership Center
811 N. Coker Loop
San Antonio, Texas 78216
Tel: 210-349-2404

 

West Side Girl Scout Leadership Center
5622 Cesar Chavez Way
San Antonio, TX 78237
Tel: 210-319-5775