See section 8.3.3.3. of the RFP, Non-Federal – In Kind Contributions (Match) which states: If a reasonable and documentable fair market value of volunteer assistance is not easily determined, value of volunteer hours may be calculated with the following equation: number of volunteer hours worked multiplied by the Independent Sector Rate. You will be required to establish a procedure to collect the number of volunteer hours. You may round up or down to the nearest 30 minutes. You may use the Independent Sector rate if you have not determined an appropriate value for volunteer time in your area. Then it is simply the number of hours times the dollar value to calculate the value of the time.
This project #90CCDG0002 is supported by the Administration for Community Living (ACL), U.S. Department of Health and Human Services (HHS) as part of a financial assistance award totaling $10,364,463 with 75 percent funded by ACL/HHS and $3,458,052 or 25 percent funded by non-government source(s). The contents are those of the author(s) and do not necessarily represent the official views of, nor an endorsement, by ACL/HHS, or the U.S. Government.