top of page

Value of Volunteering Exceeds Cash Contributions!

Updated: Apr 3

The value of volunteering is estimated at $400 BILLION globally based on previous research and reported in a Volunteer Match blog, approximately “double the value of cash and other valuables contributed by individuals, corporations and foundations”.

The  Johns Hopkins University Center for Civil Studies and the International  Labor Organization have put together a manual that adopts a replacement cost methodology for calculating the economic value of volunteer work.

We all know that we value what we measure and with this manual, NGO’s and governments across the globe can apply a consistent methodology for measuring the value of volunteer work.

The Johns Hopkins Center for Civic Studies and ILO project studied  37 countries and found that the level of human power engaged in volunteering is staggering.  Approximately 140 million people in the countries studied do some kind of volunteer work in a typical year.  Those 140 million  volunteers equate to almost 21 million paid full-time-equivalent workers!!!

5 views0 comments

Recent Posts

See All

Volunteering from the Non Profit Perspective

The May 2 2012 post in by Stephen Donshik raises some interesting points about thinking through the rationale for using volunteers to accomplish needed work and the processes a

Understanding what motivates the Boomers

The article by Paula Jacobs in  The Jewish Week does a great job of capturing the compelling reasons for actively engaging with Jewish Baby Boomers, and she also provides some basic suggestions on how


bottom of page