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
Survey results imply that Grants Managers deploy a deep pool of skills on the job. Lucky workers who know Grant Submission can expect a significant pay bump, scoring salaries 29 percent above average. Federal Grants and Regulatory Compliance are also correlated to pay that is above average, with increases between 11 percent and 29 percent. Skills that pay less than market rate include Donor Relations, Financial Analysis, and Grant Writing. The majority of those who know Grant Management also know 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.
Survey participants with less than five years' experience pocket $50K on average, but those with five to 10 years of experience enjoy a much bigger median of $59K. Grants Managers with one to two decades of relevant experience report an average salary of approximately $62K. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $60K on average.
Pay Difference by Location
For Grants Managers, working in the bustling city of Boston has its advantages, including an above-average pay rate. Grants Managers can also look forward to large paychecks in cities like Los Angeles (+27 percent), Seattle (+26 percent), Houston (+25 percent), and Washington (+18 percent). Falling short of the national average by 12 percent, the area with the worst salaries is Portland. Below-median salaries also turn up in Denver and Chicago (4 percent lower and 2 percent lower, respectively).