Wednesday, 1 February 2012

Volunteer Worth to Your Organisation

(Image courtesy of 104k)

Having just discussed the cost to charities of volunteers leaving, it's always worth having a go at quickly calculating the worth of volunteers to your own organisation.

Why?

Because you can use that figure as 'in-kind match funding' against funding bids. I'll discuss this at a later date, or check out my Theory of Fundraising training.

NCVO have a good section on volunteering.

A condensed version of calculating volunteer worth goes like this:

(click to enlarge)
Example:

(click to enlarge)

With just five volunteers giving ten hours per week, your organisation has effectively obtained £28,488 worth of skilled and semi-skilled labour in a year. 

Worth knowing.


See Also:

$38 Billion Lost Because Volunteers Leave

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