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)