How to Assign a Monetary Value to Volunteer Contributions

Volunteers in Canada play an important role alongside paid labour. This phenomenon is referred to as coproduction (Brudney, 1990; Ferris, 1984). Despite the important contribution of volunteers, the benefits that they generate seldom appear in the accounting statements of voluntary organizations that rely on the services of volunteers. The barrier often cited are lack of resources, including tools and information. This manual addresses this barrier by showing readers how they can approach the task of assigning a monetary value to volunteer contributions.