Timebanking is a community-building initiative that encourages reciprocal help among members by allowing one hour of service to earn one time dollar, which can be exchanged for services from others. It promotes healthy relationships, social justice, and personal engagement, with documented benefits including improved mental health and increased community connection. The IRS treats time banking exchanges as non-taxable friendly favors, differentiating it from traditional bartering methods.

1. 1
timeBanking/
Creston

2. Together we can do so much.
Helen Keller
Alone we can do so little;
timeBanking/Lamoni

3. There are hundreds of time banks all over the
world and thousands of people are discovering
how rewarding it is to introduce a bit of give and
take back into their lives. Time banking is a tried
and tested way to build community, to support
neighborliness, and encourage people to be more
actively engaged in Lamoni.

4. timeBanking
44,146 members • 526 communities • 2,397,152 hours of service received!

5. What is a timeBank?
Members form a network of
relationships
 Helping one another
 Making positive change for
Lamoni
 Creating Community
Connections

6. timeBanking Values
Assets - We are all assets. We all have something to give.
Redefining Work - Some work is beyond
price. timeBanking/Lamoni values whatever it takes to raise
healthy children, build strong families, revitalize neighborhoods,
advance social justice, and make the planet sustainable. These
challenges are acknowledged and rewarded.
Reciprocity - Helping works better as a two-way street. The
question, "How can I help you?" changes to "How can we help
each other build the world we both live in?" Social Networks -
We need each other. Networks are stronger than individuals.
Special relationships are built on commitment.
Respect - Every human being matters. We will respect where people
are in the moment, not where we hope they will be at some
future point.

7. How Does It Work?
• One hour given in service = One Time
Dollar earned
• Members use Time Dollars earned to
receive services from others
• tB/L uses Time
Dollars as a
medium of
exchange

8. Hours Exchange
timeBanking/Lamoni

9. Examples of Services
Housekeeping
House Sitting
Grocery Shopping
Pet Watching
Errands
Visiting
Respite Care
Helping Out

10. Examples of Services
Computer Assistance
Internet
Hooking Up Gadgets
Technology

11. Examples of Services
Odd Jobs
Yard Work
Moving Furniture
Painting
Around the Home & Yard

12. Examples of Services
Activities/Adventures
Tour Guide
Recycling
Fund Raising
Teaching
COMMUNITY

13. IRS Ruling
The IRS views time
banking exchanges as
friendly favors based
on the currency
of time and the IRS
cannot tax time
This is one reason why time banking is different
than bartering. In normal bartering, you have to
declare the value of the good and services you
receive to the IRS. Time banking is not taxed!

14. VNSNY* Survey Findings
Funded by Fan Fox & Leslie R. Samuels Foundation, Inc., 2009
*Visiting Nurse Service of New York
• 100% saw benefit from being timeBanking member
• 98% able to use skills to help others
• 90% increased number of friends
• 88% feel they are making contribution to community through timeBanking
• 85% increased sense of belonging
• 82% have improved quality of life through timeBanking
• 79% reported felt supported to age in place
• 72% reported improvements in self-rated mental health
• 71% increased sense of trust in people from other backgrounds, cultures
• 67% increased access to community information
• 48% reported improvements in self-rated physical health

15. Join tB/C
Previewing the Application

16. Previewing the
Software

31. Become a Part
Of timeBanking/Creston