Assigning Economic Value to Volunteer Activity: Eight Tools for Efficient Program Management

This resource manual was created to provide Canadian voluntary organizations with a systematic method for assigning an economic value to the activity of volunteers. It introduces eight measures you can use to demonstrate how much volunteers contribute to your organization, how much your organization invests in its volunteers, the extent to which volunteers increase the human resource capacity of your organization, the return on your organization’s investment in its volunteer program. Organizations that have used this approach have gained new perspectives on their volunteer programs. They have been able to use the results in their public relations, to inform volunteers, to develop their volunteer program, to increase internal and external accountability, and for funding and contract negotiations.

Canadian Centre for Philanthropy, 2002.