Tree of Plenty TimeBank – Benefits
The Tree of Plenty TimeBank provides a way for individuals, groups, organizations, government agencies, churches, and businesses in a community to exchange services which are Tax Exempt. The concept is simple.
- You provide an hour of service and receive an hour which goes into your TimeBank account.
- You receive an hour of service, and an hour is removed from your TimeBank account.
- You can even receive services before you have hours in your bank.
The Tree of Plenty TimeBank is all about community members helping others. Everyone has a talent, a capability, or a professional skill. Exchanging services via Tree of Plenty TimeBank is not a barter, it is a compliment to the cash economy. One hour of your service is equal to an hour of service from any other member of the TimeBank. Anyone can participate. Your obligation is to provide your service and to do your best. This creates a community network of people helping people and creating trustful relationships.
The Tree of Plenty TimeBank Time Dollars are Tax Exempt and do not affect any income restrictions you may have; such as social security payments, unemployment payments, Medicare, Medicaid, school and college students, etc. For more information please see Tree of Plenty TimeBank – Taxes.
The Tree of Plenty TimeBank focuses on anyone that is willing to exchange their time and talents for Tree of Plenty TimeBank Time Dollars, and receive the time of others in return for their Tree of Plenty TimeBank Time Dollars.
There are no income restrictions for being a member of the Tree of Plenty TimeBank. You may be a zillionaire or unemployed and living on the street. This is because everyone has time and talents they can exchange for Tree of Plenty TimeBank Time Dollars. Each Tree of Plenty TimeBank Time Dollar is equal to one (1) hour, no matter what the service performed.
Tree of Plenty TimeBank Time Dollars can help with the low income, underemployed, unemployed, economically distressed, poor, distressed, underprivileged, at-risk youth, homeless, seniors, school and college students, residents of high-crime neighborhoods, etc.
Tree of Plenty TimeBank will be used to reduce recidivism rates with diversionary programs for first-time juvenile offenders; facilitate re-entry for ex-convicts; deliver health care, job training and social services in public housing complexes; facilitate substance abuse recovery; prevent institutionalization of severely disabled children through parental support networks; provide transportation for homebound seniors in rural areas; deliver elder care, community health services and hospice care.
Tree of Plenty TimeBank is great for:
Students: Recent grads starting their careers with limited work experience can build a portfolio and expand their network
Freelancers: IT and creative professionals (web developers, graphic designers, etc.) who are still early in their career or looking to start a new career, allowing them to build their résumé and reputation
Skilled entrepreneurs: Literally anyone who uses their talent or trade to make a living
Hobbyists: Anyone looking to use a passion or talent that they don’t utilize in their daily jobs
Start-up founders: Crowd-source help for their project, without spending hard currency
Skilled retirees: Give and receive services or keep their own skills sharp while on a limited budget.
If you already volunteer, why not become a member of the Tree of Plenty TimeBank and receive Tax Exempt Time Dollars for your time and talents?
If you are not currently a volunteer, why not become a member of the Tree of Plenty TimeBank and receive Tax Exempt Time Dollars for your time and talents?