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What additional information can be provided about the value of volunteer hours to RISD? Specifically, does the number of volunteer hours affect RISD’s Bond Rating(s)?

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What additional information can be provided about the value of volunteer hours to RISD? Specifically, does the number of volunteer hours affect RISD’s Bond Rating(s)?

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RISD has long enjoyed, and greatly values, substantial volunteer support from PTA members. RISD benefited from more than 350,000 volunteer hours of PTA members in 2007-08. Since many volunteer hours are not reported, that number is much lower than what most believe is the actual number. Independent non-profit guidelines* for calculating the value of volunteer hours to an organization for 2008 recommend $20.25/hr, so the 2007-08 benefit of logged PTA volunteer hours can be estimated in excess of $7 million, with the actual value possibly being higher. Bond rating agencies do not consider specific amounts or values of volunteer hours when considering RISD’s stand alone bond ratings. *www.independentsector.org From January 2009 PAC Meeting Child Nutrition Has RISD done anything to try to improve the quality of food served in the cafeteria, such as moving towards more fresh, whole foods such as fresh fruits, wheat breads, and organic meats? RISD consistently offers high quality nutritious

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