How to Calculate the Value of Volunteer Time

Sara Leonard, MBA, CFRE Tips

Some things in life are hard to put a value on — love, passion, dedication, selflessness. These are all attributes volunteers embody, but how can nonprofits determine the value of a volunteer hour? Each year, Independent Sector gathers data and conducts research on volunteerism in the nonprofit sector. The results of that research provide nonprofits a way to calculate the …