September 12, 2014
Having volunteer help is of utmost importance at a nonprofit organization. Whether volunteers help raise funds or work directly on a specific project in the field, the donation of time from interested and engaged individuals is just as important as direct financial donations. In fact, research from Independent Sector, a nonprofit leadership coalition, shows that the average monetary value of a volunteer hour in the U.S. stood at $22.55 in 2013. This is an increase of 34 cents from the 2012 figure for such donated time.
Maintaining and building a volunteer base is important for nonprofit groups because of this demonstrated value. Although not all volunteer work translates directly into financial gains, the effort put in by these contributors is too important to ignore. With that in mind, here are three pieces of advice for charitable organizations looking to build relationships with their volunteers:
Content presented by First Nonprofit Group, the leading provider of state unemployment insurance solutions for 501(c)(3) nonprofit employers.
NYCON members who use First Nonprofit’s programs enjoy enduring savings and improved efficiency. Our association knows that success, because from the beginning, we achieved the same great benefits. Great savings, seamless technology, and responsive service. NYCON highly recommends First Nonprofit’s remarkable unemployment solutions.
We were introduced to First Nonprofit through another housing authority. In our analysis and comparison to what we were paying the State, our first year savings was $5,800 plus. We have been with them since the end of 2008 and I am glad we have been. I consider them an arm of our HR department.
Because INCS advocates for the operating conditions that allow charter public schools to provide high quality public education, partnering with First Nonprofit was an easy decision. First Nonprofit’s unemployment programs provide our member schools two operating elements crucial to their ability to provide high quality public education: savings and budget certainty. Capable, committed teachers are the key to student success. By participating in the unemployment insurance savings plan, charter public schools gain peace of mind and are able to invest more money in their teachers.
Throughout our membership in the Unemployment Savings Program, First Nonprofit understood our demands, community dynamics, and the importance of seamless services; that allowed us to serve our constituents better.