Time-Banking Grant Award Levels
$500
| Team Members |
$500 Grant - Hrs Needed |
Avg Hrs/ Person |
Avg Hrs/Person/ Month/4 Months |
| 1-5 |
50 |
16.67 |
4.17 |
| 6-10 |
130 |
16.25 |
4.06 |
| 11-15 |
210 |
16.15 |
4.04 |
| 16-20 |
290 |
16.11 |
4.03 |
| 21-30 |
305 |
11.96 |
2.99 |
| 31+ |
425 |
11.97 |
2.99 |
$1,000
| Team Members |
$1,000 Grant - Hrs Needed |
Avg Hrs/ Person |
Avg Hrs/Person/ Month/8 Months |
| 1-5 |
95 |
31.67 |
3.96 |
| 6-10 |
255 |
31.88 |
3.98 |
| 11-15 |
415 |
31.92 |
3.99 |
| 16-20 |
575 |
31.94 |
3.99 |
| 21-30 |
615 |
24.12 |
3.01 |
| 31+ |
850 |
23.94 |
2.99 |
$1,500
| Team Members |
$1,500 Grant - Hrs Needed |
Avg Hrs/ Person |
Avg Hrs/Person/ Month/12 Months |
| 1-5 |
145 |
48.33 |
4.03 |
| 6-10 |
385 |
48.13 |
4.01 |
| 11-15 |
625 |
48.08 |
4.01 |
| 16-20 |
865 |
48.06 |
4 |
| 21-30 |
920 |
36.08 |
3.01 |
| 31+ |
1280 |
36.06 |
3 |
All grant awards listed above require an average of 3-4 hours per team member per month. These averages are meant to keep teams regularly engaged in the program, yet do not require an excessive time commitment. The grant awards are also divided out to be easily obtainable within 4, 8 or 12-month time periods, but can be accomplished in less time.
