Wilmington College Volunteers are valued at $307,940.00!
What is the value of one volunteer hour?
The 2006 Value of Volunteer Time has just been released by Independent
Sector. The estimated dollar value of volunteer time is $18.77 per hour.
For more information click or paste this link:
http://www.independentsector.org/programs/research/volunteer_time.html
Notes:
- The value of volunteer time is based on the average hourly earnings of all production and nonsupervisory workers on private nonfarm payrolls (as
determined by the Bureau of Labor Statistics) - Independent Sector takes this figure and increases it by 12 percent to estimate for fringe benefits.
- Charitable organizations most frequently use the value of volunteer time for
recognition events or communications to show the amount of community support
an organization receives from its volunteers.
