Monetary Value of Volunteer Time

Determining an economic value to assign to volunteer time is getting more and more attention. Be aware that most of the calculations are really wage replacement costs and have little to do with intrinsic worth.

Website for monetary value in the U.S. - Independent Sector. Most current figure (announced in 2018 for 2017): $24.69/hour
http://www.independentsector.org/volunteer_time

5 Best Practices for Converting Volunteers to Donors, Eric Burger, npEngage

Advocacy for Volunteer Involvement: The Role of Funders, Susan J. Ellis

Be Careful What We Wish For! The Cost-Benefit Analysis of Volunteering, Linda L. Graff

The Choice of the Citizen: Pay Taxes, Do Without, or Volunteer, Susan J. Ellis

The Correlation between Time Donors and Money Donors, Susan J. Ellis

Of Course We Should Give Volunteer Firefighters a Tax Break, Jordan Golson, Wired

The Economic Equation of Volunteering, Katharine Gaskin and Barbara Dobson

Get the Most Support: Blending Money, Things, and People, Susan J. Ellis

How Will the Economic Crisis Affect Volunteering?, Susan J. Ellis

Is the challenge recruiting citizens to volunteer or making sure agencies are ready for volunteers?, Susan J. Ellis

Is the Rising Cost of Gas a Crisis or an Opportunity for Volunteering?, Susan J. Ellis

It's Time to Start Counting Volunteers Seriously, Susan J. Ellis

It’s Time to Discuss the Complex Relationship of Volunteering and Money, Susan J. Ellis

The Money Factor in Volunteer Management, Susan J. Ellis

Money is No Object, Susan J. Ellis

A Note On Assessing Value, Linda Graff, , pp. 20-22, Linda Graff and Associates Inc.

Part-time Volunteer Management Means Equally Limited Volunteer Involvement, Susan J. Ellis

Raising Money through Volunteer Labor, Susan J. Ellis

Seven Tips to Capitalize on Volunteer Resources During Tight Financial Times

Should We Ask Volunteers to Give Money on Top of Time?, Susan J. Ellis

Statistics, Bikinis and Volunteers: The New Independent Sector Study on Giving and Volunteering, Susan J. Ellis

Tax Deductions for Volunteers, Conrad Teitell

Tempting But Confusing and Dangerous: Paying Volunteers "Just a Little Something", George L. Head, Nonprofit Risk Management Center

Tracking Volunteer Time to Boost Your Bottom Line: A Complete Accounting Guide, Dennis Walsh

Value of Volunteering, Betsy McFarland

Volunteering and Charitable Giving, Carolyn M. Appleton

Thoughtful discussion comparing money and time donors -- with a long list of related online.article links.

Volunteers Should Not Be Second-Class Taxpayers, Susan J. Ellis

When the Ax Falls: Budget Cutting and Volunteers, Susan J. Ellis

Wouldn't It Be Nice to Really Know, Susan J. Ellis

"Assigning Economic Value to Volunteer Activity: Eight Tools for Efficient Program Management"

Guide from Nonprofits Canada, 2002, pp. 24

The Cost of a Volunteer: 2003 report

By the Grantmaker Forum on Community and National Service reveals the level of infrastructure neccessary for an organization to effectively involve volunteers , 2003, pp. 24

The Economic, Social and Cultural Value of Volunteering to Tasmania, 2014

A "State of Volunteering Report" for 2014, produced by the Institute of Project Management for Volunteering Tasmania, Australia. Looks at the "value" of volunteers beyond financial.

, 2014, pp. 125

The Economic, Social and Cultural Value of Volunteering to Western Australia

Produced by the Institute of Project Management for Volunteering WA. Comprehensive look at the "value"--beyond financial--of volunteer services. Report has nice infographics at the start and an executive summary.

, 2015, pp. 164

Recognise, Support, Invest - Your Guide to Valuing Volunteer Management

This document from Volunteering England explores what "valuing volunteer management" really means and is designed to help organisations assess how they currently value volunteer management, why this is important, and what extra steps they could take., 2011, pp. 16

Value Volunteer Management

http://www.volunteering.org.uk/

Initiative of Volunteering England to advocate for the importance of "investing in volunteering."

Print and e-Books in Our Store

From the Top Down: The Executive Role in Successful Volunteer Involvement

Outlines the key executive decisions necessary to lay the foundation for successful volunteer involvement: policies, budgeting, staffing, employee-volunteer relationships, legal issues, cost and value of volunteers, and more.