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. 

Advocacy for Volunteer Involvement: The Role of Funders, Susan J. Ellis, Energize Hot Topic, 2001
The Choice of the Citizen: Pay Taxes, Do Without, or Volunteer, Susan J. Ellis, Energize Hot Topic, 2011
The Correlation between Time Donors and Money Donors, Susan J. Ellis, Energize Hot Topic, 2010
The Economic Equation of Volunteering, Katharine Gaskin and Barbara Dobson, 1997
The Economic Value of Volunteering, Andreea Melania Nagy, Coyote, 2011
For Arts Nonprofits, What’s the Value of a Volunteer?, Duncan Webb, The Clyde Fitch Report, 2016
Get the Most Support: Blending Money, Things, and People, Susan J. Ellis, Energize Hot Topic, 2016
How Will the Economic Crisis Affect Volunteering?, Susan J. Ellis, Energize Hot Topic, 2008
It's Time to Start Counting Volunteers Seriously, Susan J. Ellis, Energize Hot Topic, 2001
The Money Factor in Volunteer Management, Susan J. Ellis, Energize Hot Topic, 1999
Money is No Object, Susan J. Ellis, Energize Hot Topic, 2001
A Note On Assessing Value, Linda Graff, , pp. 20-22, Linda Graff and Associates Inc., 2005
Raising Money through Volunteer Labor, Susan J. Ellis, Energize Hot Topic, 2003
Should Board Members Be Paid?, Mark Athitakis, Associations Now, 2014

Includes links to similar articles at end.

Should We Ask Volunteers to Give Money on Top of Time?, Susan J. Ellis, Energize Hot Topic, 2004
Tax Deductions for Volunteers, Conrad Teitell, 2007
Tempting But Confusing and Dangerous: Paying Volunteers "Just a Little Something", George L. Head, Nonprofit Risk Management Center, 2015
Value of Volunteering, Betsy McFarland, Energize Hot Topic, 2020
Volunteering and Charitable Giving, Carolyn M. Appleton, 2013

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, Energize Hot Topic, 2008
When the Ax Falls: Budget Cutting and Volunteers, Susan J. Ellis, Energize Hot Topic, 2009
Which would most benefit your organisation...
Directory of Social Change (UK), February 2011 "Quick Survey Analysis" on the question: Which would most benefit your organisation, a 10,000 cash donation or an equivalent value in volunteers (or volunteer hours)?-- 91% chose the cash.
Wouldn't It Be Nice to Really Know, Susan J. Ellis, Energize Hot Topic, 2006
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

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

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
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

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

Print and e-Books in Our Store

Book cover for From the Top Down

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.

No tips have been recorded yet.