WILMINGTON, NC (WECT) – The economic impact of UNCW's volunteer services are valued at $3.89 million, according to a new report by the Chancellor's Office of Community Partnerships.
The UNCW Community Partnerships Impact Report shows that UNCW students, faculty and staff participated in more than 178,555 hours of service through 714 documented partnerships during the 2010-2011 academic year.
According to UNCW, the study calculates the economic impact of faculty, staff and students' service by multiplying the hours served by $21.79, the nationally estimated value of volunteer time, according to the Independent Sector.
"Our students, faculty and staff are not necessarily thinking about the economic impact of their efforts when they volunteer in a local school, build a house for a family in need, start a community garden, serve on a nonprofit organization's board or participate in activities that address regional concerns. They are focused on making a difference in our community, our state and our world," Chancellor Gary L. Miller said. "I believe it is important to underscore the value of their efforts to measurably demonstrate UNCW's commitment to our love of place."
Other study results from UNCW include:
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