• This hourly rate is used to estimate the monetary value of volunteer work as a matching in-kind contribution to monetary funding.
• If you are justifying a new or continuing volunteer program and writing funding applications, the above information about benefits and monetary values, matched with some realistic statistics and locally specific examples, can be very useful.

Volunteering measurement toolkit http://www.independentsector.org/media/iyv_pr.html
A toolkit prepared for the International Year of the Volunteer on measuring the impact of voluntary action. It can be applied on a national, regional or local level by funding bodies, policy-makers or community organisations. The toolkit provides a general overview for conducting a survey to measure volunteering and was developed by the Independent Sector (a U.S. non-profit organisation) and United Nations Volunteers (the UN organisation that promotes volunteering).