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Thought question: is it better to pay $50 for 2 hours of volunteer time to a charity or just donate that $50 to the charity? I honestly don't know the answer,
by jessepollak 14y ago
Thought question: is it better to pay $50 for 2 hours of volunteer time to a charity or just donate that $50 to the charity?
I honestly don't know the answer, but would love to hear what other people think.
My quick take is that it's probably better to give the $50 to the charity because they are better prepared to make a decision on how it should be used. With that being said, I can see how a lot more people might be willing to pay Exec for volunteer hours because of the feel good factor.
Regardless, I think it's an great initiative.
- j_s 14y agoUndoubtedly it depends on the charity... hiring someone helps both the charity + the person hired, though.
- arjunnarayan 14y agoGive $50 to the charity. If they prefer 2 hours of volunteer time to $50, then they can go out and buy that. Call options have value.
- ajasmin 14y agoBuy volunteer time?
- jessepollak 14y agoi.e. hire people to work for the charity—probably at a significantly cheaper rate than $25/hour.
- jessepollak 14y agoI agree, I think this unnecessarily limits the charity's options. Plus, I would assume that you don't actually get $50 worth of charity work: Exec takes some, travel time, etc.
- ShabbyDoo 14y agoYes. If I don't trust the charity to decide how best to spend $50, why should I be willing to give them the time of a person who is paid that much? It's not like the charity itself can't use Exec to purchase the same services.