One way Catchafire communicates the short term impact is through an estimate of the value created through each engagement. We calculate the short-term dollar value that each engagements provides to reflect the following:
- An hourly rate and estimated hours that more accurately reflect the skills of and time donated by our pro bono professionals
- An estimated and validated cost for project scoping
- An estimated and validated cost for talent sourcing
As a result, we’ve seen an average increase in dollar value of 55% for projects and 79% for phone calls. We believe this new methodology better reflects the true value that pro bono professionals provide — and organizations receive — when getting work done through Catchafire.