Authors
Summary
The Department for Culture, Media and Sport (DCMS) commissioned London Economics, working with Basis Social and New Philanthropy Capital (NPC) to monetise the economic and social value of volunteering in England. The work implements a methodology developed for DCMS by combining desk research and stakeholder workshops with academics, local government officials, funders, and voluntary, community, and social enterprise (VCSE) organisations. This report examines the benefits of adult formal volunteering, which refers to giving unpaid help to groups or clubs by individuals aged 16 and over and aligns with the DCMS’s Community Life Survey (CLS) definition. The report estimates the monetary value of formal volunteering activity in England in 2021/22. During that period, approximately 12 million people formally volunteered at least once.
Subjects
Link
https://www.gov.uk/government/publications/estimating-the-economic-and-social-value-of-volunteering