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PROSPECTS Achievements over 15 Years

Volunteer Time

To date, PROSPECTS has recorded 89,960 hours of volunteer time, by over 6,000 volunteers, with an economic value of £67,700.  This is of course an underestimate, with much volunteer activity not being recorded and does not include the social enterprises.

Economic Contribution

The economic contribution of the work of PROSPECTS, in terms of income generated, is in the order of £12 million.  This is broken down as follows; -

  • The PROSPECTS Foundation charity has, to date, brought in £2.8 million of grant funding to Hyndburn;
  • An additional £2.5 milllion has been brought in by social enterprises;
  • As an approximation, £2 million additional grant funding has been secured by partners of these projects;
  • Recorded volunteer time has been valued at £674,700;
  • The Windfall Fund has been secured for an expected £4.2 million over its lifetime;
  • The economic value of environmental improvements to hundreds of sites resulting from volunteer effort has not been included due to the difficulty of estimating.

More information on PROSPECTS Projects over 15 years will be added shortly.