Grants Manager Salary
Job Description for Grants Manager
Grants managers generally work in nonprofit and academic organizations, since the job is focused on generating grant funding for research and/or nonprofit work. As the name implies, a grants manager works with internal staff to determine funding needs and how funds will be - and are being - used; they also work with external organizations such as foundations and government agencies to acquire funding.Read More...
The job requires strong writing skills, since most grant applications require in-depth descriptions (including the proposed use of the funds). This position also requires strong accounting and finance skills, since a grant manager at a nonprofit may also have to handle auditing and bookkeeping to ensure grant money is properly spent. At an academic institution or larger nonprofit, these roles may be split between separate finance and funding personnel; at a smaller non-profit, these functions are generally merged into a single grant manager role.
A grant manager generally work entirely in the office setting and rarely travels to the granting institution to deliver the proposal. Usually, the grant manager works with the internal team and delivers the proposal via mail or email to the grant foundation. These professionals typically work during regular business hours, although overtime might be required, especially as deadlines approach.
A bachelor's degree is generally the minimum educational requirement for this position. Previous experience in grants and grant writing is generally needed as well. In addition to strong writing, accounting, and finance skills, grant managers should be excellent communicators who work well under deadlines.
Grants Manager Tasks
- Identifies and establishes new sources for grant funding.
- Manages the coordination and compilation of grant inquiries and applications.
- Oversees the timely completion of financial reports to funders.
- Maintains the support of existing grantors.
Grants Manager Job Listings
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Popular Skills for Grants Manager
Grants Managers seem to wield many skills on the job. Most notably, facility with Federal Grants, Grant Submission, and Regulatory Compliance are correlated to pay that is significantly above average, leading to increases of 26 percent, 24 percent, and 8 percent, respectively. Skills that seem to negatively impact pay include Donor Relations, Financial Analysis, and Grant Writing. Those proficient in Grant Management are, more often than not, also skilled in Government Grants and Budget Management.
Pay by Experience Level for Grants Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many Grants Managers, extensive experience does not lead to significantly more money. Relatively untried employees who have less than five years' experience make $50K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $59K. On average, Grants Managers make $63K following one to two decades on the job. Grants Managers who have stuck around for more than two decades see earnings that are no higher than those of folks who have worked for 10 to 20 years.
Pay Difference by Location
With a pay rate for Grants Managers that is 26 percent greater than the national average, Boston offers a comfortable salary for those in this profession. Grants Managers will also find cushy salaries in Los Angeles (+25 percent), Houston (+24 percent), Seattle (+21 percent), and New York (+13 percent). The smallest paychecks in the market, 13 percent south of the national average, can be found in Portland. Not at the bottom but still paying below the median are employers in Atlanta and Chicago (9 percent lower and 3 percent lower, respectively).
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Key Stats for Grants Manager
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