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https://www.kolanutcollab.org

The Kola Nut Collaborative


Our Abundant Social Infrastructure Made Visible

Your annual membership contribution may be submitted using Open Collective.

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Chicago IL 60617

Phone (773) 369-7400

145 MEMBERS 1,030 HOURS EXCHANGED

If you have any questions or feedback for us we'd love to hear your thoughts!

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The Kola Nut Collaborative (KNC) is a mutual support network of people engaged in reciprocal exchange of services, skills, and goods through a timebank where the currency is an hour of time for everyone.

Through membership in the Kola Nut Collaborative people: create and strengthen community bonds, create economic freedom by providing an alternative means to get needs and desires met, and encourage creativity in redefining self-sufficiency, interdependence and valuation of time.

The Kola Nut Collaborative introduces a paradigm where members reflect on the available resources in their lives moving from a perception of scarcity and lack to abundance and wholeness.

Our guiding vision is to make social infrastructure visible within our communities. Social infrastructure describes the invisible bonds and relationships which constitute a generative capital that can be accumulated and circulated through timebanking.

Our mission is to promote and sustain a robust timebanking infrastructure which supports non-monetary transactions amongst individuals and organizations allowing a greater sum of the realized value of work to be retained and shared within local communities.

We are particularly focused on partnering with organizations which have a broad base of stakeholders whom might benefit from deploying timebanking as a method for capturing and compensating work that presently lives in the form of reciprocal goodwill transactions and creating an infrastructure where the time given over to these worthy causes may be traded with other members within the timebank for services those members have offered.

Our goal is to develop and sustain a complementary community currency which decreases financial pressure, reinforces the fabric of trust and creates new opportunities for engagement between stakeholders within our communities.

The Kola Nut Collaborative is a fiscally sponsored project of Open Collective Foundation.

Membership Type & Tier

Individual (1 adult) - $25 + 4 hours per year
Household (up to 3 adults)*** - $35 + 6 hours per year
Organization/Business* - $50 + 8 hours per year
Time Equity - 30 hours per year
Scholarship**

*May be eligible for reciprocal agreement sponsorship when 10 or more community stakeholders from an organization join timebank and attend orientation at the same time.

**Available upon request

***Youth under 18 included at no additional cost with permission of parent or guardian who agrees to supervise all member exchange

+Additional staff accounts available at no added expense to organizational and business members.
 

A service exchange or time bank is a network of individual, organizational and business 'members' that provide services, track and bank their hours and then spend those hours to get their own needs met. A service exchange is NOT a barter network, since nothing is 'exchanged'. One 'member' provides a friendly, neighborly favor to another and records the time they spent doing so. 

 

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