Title
Volunteer PHX Fiscal Year 2022-23 Financial Impact Report and Corporate Volunteer Initiative
Description
This report provides an update to the Economic Development and Housing Subcommittee regarding the Fiscal Year (FY) 2022-23 Volunteer PHX statistics and Corporate Volunteerism Initiative.
THIS ITEM IS FOR INFORMATION ONLY.
Report
Summary
Since its inception, the Volunteer PHX Office has promoted service and volunteerism by increasing volunteer numbers, expanding volunteer opportunities, creating partnerships with outside agencies, increasing communication among City departments, enhancing volunteer recognition, identifying resources to assist with tracking and reporting of volunteers, and increasing access to on-line information, including a seamless application process. The program actively pursues grant funding and administers a variety of grant funded initiatives. The program also serves as the city lead for National Service programs, including AmeriCorps VISTA and State & National members.
In April 2023, Volunteer PHX launched the Corporate Volunteer page, as many organizations had expressed their desire to volunteer with city programs and initiatives as part of their corporate social responsibility. Per a recent report by Harvard Business Review, Corporate volunteerism has been on the rise and allows employees paid time off for volunteering, encouraging employees to volunteer their time and give back to their community. Corporate volunteerism also serves as a catalyst for team building.
Financial Impact
Volunteering also has an economic impact on communities. According to the Independent Sector, each volunteer hour has a value of $31.80. During the FY 2022-23, 21,663 volunteers provided 315,266 hours of volunteerism. A economic value and impact of over $10 million dollars. More information is included in Attachment A.
For more information, please visit:https://www.phoenix.gov/volunteer/corporate.
Department
Responsible Department
This item is submitted by Deputy City Manager Inger Erickson and the Office of Volunteer PHX.