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ToolBank is a trademarked term for a nonprofit tool lending program model, in which a collection of tools are owned by a nonprofit organization, and lent exclusively to other charitable organizations, not individuals. The ToolBank program model differs from the more common tool library model, in which the tool collection is available to individuals. The ToolBank model was initially developed by the Atlanta Community ToolBank.
Each ToolBank increases the impact of its local charitable sector by lending tools to organizations for use in the fulfillment of their missions. The available inventory of a typical ToolBank includes tools for landscaping, carpentry, plumbing, masonry as well as power tools, ladders, wheelbarrows, and others. The Atlanta Community ToolBank is currently the largest ToolBank in existence, with over 200 tool types in its lending inventory. The available inventory of the Atlanta Community ToolBank can be found here [ permanent dead link ]. Nine ToolBanks are currently lending tools in Atlanta GA, Baltimore MD, Charlotte NC, Cincinnati OH, Houston TX, Phoenix AZ, Portland OR, Richmond VA, and Chicago, IL. The national network of ToolBanks is administered by the parent organization ToolBank USA, which was founded in 2008 to replicate the impact of the Atlanta ToolBank in cities beyond Atlanta. In 2014, ToolBank USA launched ToolBank Disaster Services, a program to deliver tools to communities affected by disaster. ToolBanks loaned $5.8M worth of tools and equipment to charitable organizations in 2015.
The ToolBank inventory is designated for the purpose of increasing the impact of the nonprofit sector and less formalized grassroots organizations. Typical borrowers of ToolBank tools include faith-based organizations, public schools, neighborhood organizations, public/private partnerships with community-oriented missions, social clubs with a service mission, gardening clubs, and others. Proof of charitable intent is verified prior to accessing ToolBank tools.
The ToolBank performs three primary functions:
1. Tool Lending: The ToolBank lends tools of all kinds for use in volunteer projects, facility maintenance and improvement projects, community improvement events, and special events.
2. Tool Advocacy: ToolBank staff advocates for the complete and timely return of all borrowed tools, to guarantee the long-term sustainability of available inventory. Staff also seeks compensation for lost tools and tools returned late.
3. Tool Maintenance: The ToolBank performs routine maintenance and repairs on all equipment to ensure good condition and to extend the lifespan of the inventory. This function is typically performed by volunteers and community service workers.
Through these three functions, local community organizations may benefit by:
ensuring that all participating volunteers are properly equipped;
engaging larger volunteer groups;
performing a broader scope of service projects;
engaging more highly skilled volunteers; and
eliminating tool purchase, repair, and storage costs.
ToolBank is a registered mark of the Atlanta Community ToolBank.The Atlanta Community ToolBank granted a Right to License to ToolBank USA in 2008. ToolBank USA is a nonprofit organization created in February 2008, charged with the successful nationwide replication of the ToolBank program model. ToolBank USA was launched by a founding grant from The Home Depot Foundation.
The Atlanta Community ToolBank originated in Atlanta GA as an offshoot of a charitable no-cost home repair program known as Community Reinvestment Inc (CRI), founded in 1990. CRI's tool inventory grew organically as a result of volunteers donating equipment in support of the program. Local neighborhood associations and churches periodically borrowed CRI's tools for their own cleanup days and volunteer events, giving rise to the core concept of the ToolBank. The specific origin of the term ToolBank is unknown; CRI began offering the ToolBank as a formal program in 1992.
In reliability engineering, the term availability has the following meanings:
Configuration management (CM) is a systems engineering process for establishing and maintaining consistency of a product's performance, functional, and physical attributes with its requirements, design, and operational information throughout its life. The CM process is widely used by military engineering organizations to manage changes throughout the system lifecycle of complex systems, such as weapon systems, military vehicles, and information systems. Outside the military, the CM process is also used with IT service management as defined by ITIL, and with other domain models in the civil engineering and other industrial engineering segments such as roads, bridges, canals, dams, and buildings.
Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment, or a verifiable credit history. It is designed to support entrepreneurship and alleviate poverty. Many recipients are illiterate, and therefore unable to complete paperwork required to get conventional loans. As of 2009 an estimated 74 million people held microloans that totaled US$38 billion. Grameen Bank reports that repayment success rates are between 95 and 98 percent.
Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems, among other services. Microfinance services are designed to reach excluded customers, usually poorer population segments, possibly socially marginalized, or geographically more isolated, and to help them become self-sufficient.
A social enterprise is an organization that applies commercial strategies to make a positive difference for social benefit. The social impact is funded wholly or partly by reinvesting profits made by the organization to create social capital. Profits are not kept by owners or participants
The Rural Housing Service (RHS) is an agency of the United States Department of Agriculture (USDA). Located within the Department's Rural Development mission area. RHS operates a broad range of programs to provide moderate- low- and very-low-income Americans in rural communities with:
Points of Light is an international nonprofit, nonpartisan organization headquartered in the United States dedicated to engaging more people and resources in solving serious social problems through voluntary service.
Grameen Foundation, founded as Grameen Foundation USA, also known as "GFUSA", is a global 501(c)(3) non-profit organization based in Washington DC that works to replicate the Grameen Bank microfinance model around the world through a global network of partner microfinance institutions. Its CEO is Steve Hollingworth. Grameen Foundation's mission is, "To enable the poor, especially the poorest, to create a world without poverty."
Yad Sarah is the largest national volunteer organization in Israel. Employing over 6,000 volunteers, with a salaried staff of 150, Yad Sarah serves over 350,000 clients each year. It is best known for its free loans of over 244,000 pieces of medical and rehabilitative home-care equipment annually, enabling sick, disabled, elderly and recuperating patients to live at home. This saves the country's economy an estimated $320 million in hospital fees and long-term care costs each year.
World Vision Appalachia is an organization of World Vision, an international Christian relief and humanitarian organization serving the world's under-resourced children and families in nearly 100 countries. World Vision Appalachia's work in Appalachia, United States began in 1983 when the organization provided a $1000 grant to help fund the construction of a basketball court in the Chestnut Ridge community of Barbour County, West Virginia. This grant and the completion of the basketball court marked the beginning of what has grown into over twenty-four years of a deepening commitment to the Appalachian region. World Vision Appalachia serves families and organizations in 37 of West Virginia's 55 counties and surrounding states.
Global Brigades (GB) is a nonprofit health and sustainable development organization that works with volunteers from North American and European universities, as well as local staff in Central America and West Africa to partner with communities to reduce inequalities. Global Brigades implements their Holistic Model to meet a community's health and economic goals. The organization's model builds community ownership and executes programs with the end goal of sustainably transitioning to a relationship of impact monitoring.
A spare part, spare, service part, repair part, or replacement part, is an interchangeable part that is kept in an inventory and used for the repair or replacement of failed units. Spare parts are an important feature of logistics engineering and supply chain management, often comprising dedicated spare parts management systems.
A tool library is an example of a Library of Things. Tool libraries allow patrons to check out or borrow tools, equipment and "how-to" instructional materials, functioning either as a rental shop, with a charge for borrowing the tools, or more commonly free of charge as a form of community sharing. A tool library performs the following main tasks:
Toronto Tool Library (TTL) is a tool library system based in Toronto, Ontario, Canada. Tool libraries loan specialized tools for both experienced and inexperienced community members who are interested in home repair, maintenance, building projects, community projects, gardening and landscaping. In The Kitchen Library, small to medium-sized appliances are loaned for cooking and baking, serving equipment, culinary workshops. It partnered with the Toronto Public Library in 2015.
Vancouver Tool Library (VTL) is Canada’s original tool lending library system based in Vancouver, British Columbia, Canada.
Halifax Tool Library (HTL) is a tool lending library based in Halifax, Nova Scotia, Canada. Members pay an annual subscription and may borrow specialized tools for home repair, maintenance, building projects, community projects, gardening and landscaping. The HTL is a registered Non Profit community organization in Nova Scotia. The HTL offers standard, Student/Low-Income option, and organizational memberships to non-profits and small businesses. The HTL is supported by the HRM Capital Grant program, Dalhousie University student union, the Veith House Society, Ecology Action Centre, Parker Street food & furniture bank, Forest Friend, Bike Again, North Brewing Company, Catalyst, Fusion HFX, Deiter's tool and Saw.
Calgary Tool Library (CTL) is a tool lending public library system based in Calgary, Alberta, Canada. Tool libraries loan specialized tools for both experienced and inexperienced community members who are interested in home repair, maintenance, building projects, community projects, gardening and landscaping. Makerspaces provide access to tools and resources and host planned programming, workshops, free play and community group times related to making, DIY, and innovation. The CTL offers tool library memberships to any resident of Calgary and area and to organizations. The CTL is supported by The Calgary Foundation, First Calgary Financial, Brookfield Residential, and Remington Development Corporation.
London Tool Library (LTL) is a tool library based in London, Ontario, Canada.
Cornwall Tool Library (CTL) is a tool lending public library system based in Cornwall, Ontario, Canada. Tool libraries loan specialized tools for both experienced and inexperienced community members who are interested in home repair, maintenance, building projects, community projects, gardening and landscaping. The CTL is a part of the Resource-Based Economy Group (RBEG), a registered Canadian non-profit, is responsible for the operations and management of the CTL. The CTL offers standard memberships to community members over 18 years of age.
Ottawa Tool Library (OTL) is a not for profit tool lending public library system based in Ottawa, Ontario, Canada. Tool libraries loan specialized tools for both experienced and inexperienced community members who are interested in home repair, maintenance, building projects, community projects, gardening and landscaping as well as cooking. The OTL offers standard, group, individual and gift memberships.