In our last issue we posed the
question, "Should
we be placing a dollar value on the
work volunteers and donors
contribute to charitable and
non-profit organizations?" Not
surprisingly, we received feedback
on this issue. Some of our readers
share their thoughts:
“When I was
Director of Retired and Senior
Volunteer program we put the hourly
minimum wage to the hours worked by
the 3,000 volunteers and were
surprised that it came to over a
million dollars. We presented that
information to the city the next
time we submitted our grant and they
were amazed that our seniors were
giving back that much to our city.
Hours are impressive, but when you
put a dollar amount to it, the point
is driven home.
I think the
information needs to be included
some place if not on the budget as
an addendum.” - Linda Lee Davis,
Independent Consultant and former VP
of Development for Warm Spring
Rehabilitation System.
“I think they
could be considered as in-kind
gifts.”
- Christine
Chediak, Development Manager,
Gilda’s Club South Florida
“I worked in
Catholic schools for over 20 years
before my current position. During
all that time, we kept track of and
estimated a minimum wage value for
our volunteers, which we published
in our school newsletter and made
note of every chance we got. Our
reasoning was simple:
*it emphasized
the importance of volunteering for
our students, parents, alumni, and
friends
*it validated
our claims of community support in
grant requests
*it reminded
our supporters that we were careful
stewards of their money, saving
through volunteerism wherever
possible”
- Pat Thornton, Planned
Giving Coordinator, Southern Poverty
Law Center
As a
follow-up, we are pleased to share
an article in this issue which
provides our readers with more
concrete information on how to place
a dollar value on volunteer
contributions (see
How Much "Volunteer Value" Does Your
Organisation Have? Putting A
Dollar Value on Your Volunteer
Contributions ).