Why is Volunteering Important?
At Galaxy Digital, our Get Connected software and Customer Success Team help organizations all across the country to connect volunteers with volunteer opportunities every day. Even so, we were surprised to discover some recent studies that shed new light on a very simple but important question—Why is volunteering important?
Why is Volunteering Important for Individuals
It is fairly common wisdom that those who give also receive. But did you know that volunteering is actually good for your health?
According to a report by the Corporation for National & Community Service, there is a strong relationship between volunteering and lower mortality rates, greater functional ability, and lower rates of depression later in life. In addition, the social interaction and sense of accomplishment that volunteering activities can provide has been linked to a greater sense of purpose and general life satisfaction in older adults.
If you’re already volunteering regularly, you may be healthier than you realize!
Volunteering and Community
First of all, volunteerism saves resources. Every hour that we give to our community through volunteerism is an hour that the community gains back in real dollars. Those dollars (rated at $22.14/hour by a DC advocacy group called The Sector) can then be spent in other ways that serve and better the community.
Moreover, volunteerism is important for the community because it meets critical, local needs. Every day, volunteers…
- Support families through daycare and eldercare
- Improve schools by tutoring and teaching literacy
- Support youth in mentoring and after-school programs
- Beautify local areas through beach and park cleanups
Engaging in any of these volunteering activities will save community resources while also meeting critical, local needs.
Facts About Volunteerism in the U.S.
According to the Corporation for National and Community Service, in 2011 about 64.3 million Americans, or 26.8 percent of the adult population, gave almost 7.9 billion hours of volunteer service in 2011. This is an increase of 1.5 million volunteers over 2010 and is the highest level of volunteerism in five years. In addition, according to the Independent Sector (a DC-based advocacy group), the value of a volunteer’s time equates to $22.14/hour, which brings the total estimated economic impact of volunteer hours in 2011 to roughly $171 billion.
In summary, volunteering is important for many reasons but new studies make it clear that volunteerism saves resources for the community, meeting critical, local needs, and translates into better physical and mental heath for those who give their time.
Schedule a demo of Galaxy’s Get Connected software and find out how it can help your organization grow its volunteer program today.