How Timebanking works.
What Timebank offers to communities.
Story of the South Westminster Timebank.
The Benefits of timebanking in south Westminster.
Achievements of the South Westmister Timebank.
Case Study – from Timebanker to helping the community.
Traditional Volunteering/Timebanking a comparison
Timebanking and volunteering – how it can work together.
How Timebanking works.
What Timebank offers to communities.
Story of the South Westminster Timebank.
The Benefits of timebanking in south Westminster.
Achievements of the South Westmister Timebank.
Case Study – from Timebanker to helping the community.
Traditional Volunteering/Timebanking a comparison
Timebanking and volunteering – how it can work together.
How Timebanking works.
What Timebank offers to communities.
Story of the South Westminster Timebank.
The Benefits of timebanking in south Westminster.
Achievements of the South Westmister Timebank.
Case Study – from Timebanker to helping the community.
Traditional Volunteering/Timebanking a comparison
Timebanking and volunteering – how it can work together.
How Timebanking works. What Timebank offers to communities. Story of the South Westminster Timebank. The Benefits of timebanking in south Westminster. Achievements of the South Westmister Timebank. Case Study from Timebanker to helping the community. Traditional Volunteering/Timebanking a comparison Timebanking and volunteering how it can work together.
Contents
Edgar Cahn invented Timebanking in America (1980s) A way to help others by exchanging skills or knowledge Everyone is an asset For every hour given, 1 hour received = Time Credit Time credits can be spent on local activities or members skills/knowledge Timebanking was brought to the UK in 1998 by Martin Simon who set up the Rushey Green Timebank.
How Timebanking works? Whats a time bank?
Timebanking is a tool by which a group of people can create an alternative economic model where they exchange their time and skills, rather than aquire goods and services through the use of money or other state-backed value.
How Timebanking works? Person to Person Organisation to Organisation Person to Organisation
What Timebanking offers Our Communities A means to connect & bring the community together A means for people to earn exchangeable value by volunteering A means for residents & organisations to supplement cash budgets A means to increase access to projects/services as time credits used in lieu of cash A means for the communitys skills & resources to gain value and recognition
Story of The South Westminster Timebank
South Westminster Action Network (SWAN) and London Early Years Foundation (LEYF) were commissioned by the Daycare Trust to pilot a Timebank for 6 months The South Westminster Timebank operated in the Childrens Centre in Marsham Street aimed solely at parents who accessed LEYF and SWAN. 80 members signed up to the Timebank within 6 months. Half of the members are users of LEYF & Children Centres in south Westminster After the success of the pilot project SWTB was awarded a further 3 years funding and moved into The Abbey Centre The decision was taken to open the access to SWTB to connect the whole community through a geographical boundary Over 150 members and 3500+ hours of time exchanges were accumulated by year 2. The Abbey Centre Volunteering Project and SWTB coalesce and have achieved over 5000+ hours of time exchanges and 200 members. July 2011 Dec 2012 Dec 2013 Oct 2014 Mar 2013
Benefits of Timebanking in south Westminster?
Wellbeing Co-production Community Cohesion
Achievements of the South Westminster Timebank
Over 20 Local Organisation have used or contributed to SWTB activities or exchanges. 60% of Timebank members who are over 50+ have learnt to access local services through the internet from our computer sessions. We supported Timebank Members to develop their skills and 8 members became mentors for our regular drop - in sessions From April 2013 to March 2014 we manage to accumulate 1000 hours in time exchanges. Since April, 33 of The Abbey Centre volunteers, have become actively involved in the Timebank.
Local resident who loves computers. Joined the Timebank June 2013. Did a number of time exchanges helping members use computers. July 2013 became a mentor and started running the computer drop-in sessions. Also runs the computer drop-in sessions at Westminster Mind. Has accumulated over 200 hours of time exchanges.
Case Study From Timebanker to helping the community Lars Hedin Timebank member/ Mentor Quotes from members about Lars: Once again, this session with Lars, have help me solve a lot of problem, and find it a great help.
Traditional Volunteering/Timebanking a comparison Fixed time & location No time credits earned
Volunteers build a relationship with an organisation Volunteers receive development & training Traditional Volunteering Time exchanges flexible & can take place at a time mutually convenient Time credits supplement cash to spend on activities/ services in local area Opportunity to build relationships in local community Members offer existing skills/knowledge TimeBanking
Timebanking and volunteering how it can work together? If the member does not want to spend the time credits they can donate them to a member in need . Volunteers/Timebank members can spend there time credits at other local organisations projects and activities, or to exchange a skill from another Timebank member. Volunteers/Timebank members accumulated time credits through volunteering at the local organisations signed up to the Timebank. Local organisations sharing volunteers through the SWTB as it makes it easier for local organisations to reduce time in recruiting. Organisation to organisation timebanking reduces cost and maximises local resources.