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THE VALUE OF A VOLUNTEER HOUR

The value of a volunteer hour nearly kept pace with inflation during ’07, increasing 3.94% while consumer prices tracked at 4.1%. The estimate for the value of a volunteer hour jumped 74¢, from $18.77 in ’06 to $19.51 in ’07, reports the Independent Sector, a coalition of nonprofits and foundations. Volunteers play a vital role in helping America’s 1.4 million charitable organizations improve lives across the country and around the world.

(Non-Profit Times 4/17/08)

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