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What is a TimeBank?
A TimeBank is a ‘community of caring’
Members form a network of relationships helping each other – as persons, groups
associations and organizations building trust and a sense of community
through neighborhood projects and events
making transformational change
Where Are TimeBanks?
The first TimeBanks began in 1987 TimeBanks USA was founded in
1995 TimeBanks have spread to 32
nations TimeBanking is in 42 states The TimeBank network is expanding
and evolving
TimeBanking Core Principles
Assets: We all have something to give Honoring Real Work: The work of building
home, family, community Reciprocity: Asking receivers to become
givers as well Community: Acknowledging our
interdependence Respect: Giving voice and demanding
accountability for all
Pay It Forward – Create A Circle of Giving
TimeBanks use Time Dollars as a medium of exchange to create a circle of giving
One hour given in service to others = One Time Dollar earned
Members use Time Dollars earned to receive services from others
Organic, Planned, or Both?
TimeBank giving & receiving can be
Organic – the result of individual decisions by members
Planned – designed to achieve specific goals and outcomes
What to Give, What to Receive
The possibilities are endless – here are some examples: Transportation (errands, shopping, medical, worship,
local, public, long distance, miscellaneous) Help at Home (child care, cooking, sewing, hair &
beauty, housekeeping, chores, pet care, respite, etc.) Companionship (dining, clubs, email & IM, home visits,
telephone calls, visiting, medical trips, etc.) Wellness (complementary therapy, counseling, diet &
nutrition, fitness, exercise, meditation, yoga, etc.) Recreation (dancing, games, events, books, videos,
sports, travel, walking, tours, etc.)
And there’s more…..
What to Give, What to Receive Education (advocacy, classes, workshops, computers,
language, finances, tutoring, mentoring, etc.) Arts, Crafts, Music (classes, workshops, entertainment,
photo, theater, lessons, miscellaneous) Home Care (house-sitting, carpentry, electrical, garden,
yard work, painting, plumbing, car care, etc.) Business Services (clerical, computer support, financial,
legal, marketing, research, translation, etc.) Information (medical, transport, services, education,
community, vendors, service providers, etc.)
And there could be more…..The possibilities are limited only by our imaginations!
The Power of TimeBanking
Circles of giving & receiving expand and deepen over time
TimeBanks draw together people of different generations, ethnicities and income levels through the five core values/principles
TimeBanking & The Power of Co-Production
Partnering in 2 ways for systems change:
Welfare systems and professionals
and the clients they serve
The money economy and the “core” economy of home, family and community
The TimeBank, Day-to-Day
A TimeBank coordinator/leadership team Manages the day-to-day running of the TimeBank Signs up members, organizes events, manages
admin, outreach etc Leads funding efforts (along with board or
sponsors) Encourages members’ enthusiasm, leadership and
ownership for operating/managing/growing/funding the TimeBank
Always includes members Usually (but not always) includes at least one paid
position – ranging from a few hours a week to full-time, or, for large TimeBanks, a team
How It Works (Members’ View)
The TimeBank coordinator/s sign up new members
What members give/receive is listed on Community Weaver software
The software helps to set up the what, where, when of member activities
Members record their completed activities Community Weaver keeps track of
members’ giving/receiving, earning/spending
A Basic TimeBank Membership MapMembers can be Individuals, groups, organizations
Activities include person-to-person, group, community, TimeBank support
Time Bank
Member/sGives: Receives:
Member/sGives: Receives:
Member/sGives: Receives:
Member/sGives: Receives:
Member/sGives: Receives:
Member/sGives: Receives:
Member/sGives: Receives:
Member/sGives: Receives:
Social ServicesDevelopmental programs Home-based supportElderly, youth & child careTutoring & enrichmentEnlist persons to help each other and build community
Faith-based OrganizationsCongregations and members become mentorsSponsorship of eventsOrganizations carry out mission and increase impacts in community
Juvenile/Criminal Justice
Youth courts – jury of peers and learningDrug/STD prevention, education, treatmen, Informal support networks for persons returning home from prisonHelp integrate these persons into community, build skills, create success experiences
Community CentersProvide activities, give
credits for:Skills training,Classes and workshopsPeer tutoring / ESL, etcChild and youth careSports and gamesGroup eventsHost clubsFacilitate interaction, involvement, interdependence in center, groups and community
Arts OrganizationsArtists working in community – after school, community centers, projects, workshops, courses and trainingArtists earn, youth learn, more exposure of community to art
Local BusinessAccept credits, discounts or couponsParticipate in mentoringSupplement wagesUse local source servicesLink businesses & non-profits, boost purchasing & loyalty
Public & Private InstitutionsSchools
•Cross-age tutoring, mentoring and support activities
City•Accept for bus tickets•Sponsor community events•Volunteer programs and roles
County•Supplement social and city services•Community and group affairs/events•Volunteer programs and roles
Other•Stretch public funds by enlisting TimeBank members, increase accessibility of services
Community TimeBank
Connecting members, different organizations and sectors for needed
services, weaving relations, creating
community
An Example of A Large TimeBank Map (Courtesy of Stephanie Rearick, Founder, Dane County TimeBank)
TimeBanks USA Offers:
Start-up materials, tools, assistance, and training
Community Weaver software Networking opportunities with experienced
TimeBank leaders in the TimeBanking movement
Access to TimeBanking Mentor Corps and Coordinator call-ins
The biannual TimeBanks USA conference – in partnership with an existing TimeBank
Research and development for TimeBank applications of all kinds
Your New TimeBank Success Checklist
1. The big WHY: The mission is clear, core principles/values are in place
2. Champions and stakeholders are present, involved, fired up3. Vision fits mission: explored, discussed, shared, and actively
owned4. Resource strategies and plans match the mission 5. Competent, informed, well-organized coordinator/leadership
team to support and build members’ engagement/ownership6. Community Weaver TimeBanking software7. Size chosen to fit mission – small: 20-150 members; medium:
150-350; large: 350-2,000+ 8. Organic or planned activities, or a combination to meet
members’ needs9. Link to TimeBanks USA network for ideas, best practices,
support 10. Start small, keep learning (passion & commitment required!)