Two frequent inquiries I am questioned close to grant producing are:
How considerably does a grant author truly make?
How do I pay a grant writer?
In this post, you will learn the two most common ways to pay out a grant writer: income and fee.
Grant looking for is investigating and finding prospective funders. Grant creating is placing jointly a prepared proposal that is submitted to a particular funder.
Both jobs of grant seeking and grant composing may possibly slide on the shoulders of salaried personnel. Some of the common positions that may possibly create grants are grant writers, grant analysts, improvement directors and hybrid combinations (i.e., in which grant composing is element of someone’s administrative duties).
According to Income.com, the selection for grant writers (as decided by surveys of Human Resource workplaces) is $46,five hundred to $65,000 per year. The average salaries are:
Grant Author = $50,000
Grant Analyst = $fifty eight,000*
Advancement Director = $seventy eight,000
*It is fascinating to be aware that grant supervisors are paid a lot more (i.e., valued larger) than grant writers in several situations.
In accordance to PayScale.com, the spend range is $35,000 to $sixty five,000. However, when you add advantages, this rises to $72,785.
Certainly.com statements that they make an common of $49,000. In Reno (the place I stay), the average is $forty two,000.
The 2nd common way to pay a grant author is fee-dependent.
Two widespread approaches to get paid a fee are: hourly and a established payment.
Hourly – When I was hired to publish my 1st grant proposal in 1988, I was paid out $twenty an hour. If I don’t forget properly, that 1st agreement was capped at $1,250 or sixty two.five hours. I put in over 100 several hours.
Soon after fourteen productive grants, my hourly price doubled to $40 per hour. By 2001, charges had more than tripled. Businesses ended up spending me $75 for every hour. In 2003, this rose once more to $one hundred/hour. What is exciting is that as a result of escalating the amount of effective grants, I essential much less several hours to complete a grant. It truly cost the agency considerably less in the long operate. In other terms, when you are profitable, you can cost much more. But, you want considerably less time to full the approach.
Today, companies retain the services of me for $250/hour. For Triad Associates , you would consider that organizations couldn’t pay for me. In reality, they can’t manage not to retain the services of me.
I have observed adverts for grant writers that selection from $25/hour on the reduced conclude to $ninety six/hour for self-used freelancers. This varies region to area. Also, keep in mind that no advantages are paid to freelance grant writers.
Established Fee – Consider a minute and research on the World wide web. What I discovered was that numerous grant writers and businesses demand a established payment. For case in point, they may well demand a particular charge for funder study – like $500 – and a payment assortment for true proposals this kind of as $five hundred-3,five hundred. Regular charges call for one-two months advanced discover. Shorter timelines and much more challenging grants warrant higher expenses.
1 different design I have utilised is to supply agencies options to retain the services of interns from my grant writing college or mentoring software. In formalized internship applications I have designed, companies pay out a set fee that addresses payment to the intern (usually at a $fifteen-$25/hour range for a established volume of hours, like seventy five). Interns do funder study or actual proposal writing. The set payment also includes a modest stipend for the mentor. This way, businesses get a hugely enthusiastic intern at a fraction of the cost of a substantial cost professional. In addition they get a mentor – an experienced grant author – as a supervisor and specialist for pennies. I program to allow you know by means of this e-newsletter if this services is offered in the potential.