Independent Sector | Research -- The Value of Volunteer Time

Apr 16

The estimated dollar value of volunteer time is $20.25 per hour for 2008 per the stats posted at this link that pull the data from the FASB.

If we work out the total value of the 4.18 Service Event it would approximately look something like this.

500 Volunteers

3-4 hours of service per volunteer

1500 - 2000 total hours @ $20.25

$30,375 - $40,500

We don’t put a lot of weight into these numbers at NeighborLink but we do find it interesting to understand what monetary value our society puts on a volunteer hour. We think it’s unmeasurable the personal impact one can have on another’s life.

But, we think seeing a dollar amount is kinda cool

Andrew Hoffman

I believe that social innovation & the power of a healthy neighborhood can transform communities. I'm the husband of Michelle, father to Avery and the soon to be twin Hoffman Boys. We're the H-Train. We live in a historic neighborhood in South Central Fort Wayne. My day job is the Executive Director of NeighborLink Fort Wayne. Photography has quickly become my go to creative outlet that allows me to capture the moments of life that we hold onto dearly for my family and for others.

andrew-hoffman.com

Independent Sector | Research -- The Value of Volunteer Time

Off the Agenda: Explainer: Being Missional

A Great Post from a Great Site!