Report: Median full-time grantmaker salary $74K
The median salary for full-time staff at U.S. foundations in 2013 was $74,061, according to The Council on Foundations' newly released 2013 Grantmakers Salary and Benefits Report.
Compared to 2012, last year generally saw a slight increase in salaries, according to the report, though the median salary for all staff rose slightly ahead of the Consumer Price Index rate of inflation over the last five years.
Median salary for full-time CEOs in the Middle Atlantic region is $195,000, higher than the national median of $156,733. Median CEO salary also varies nationwide based on number of staff, with foundations having one or two employees at $104,287, and foundations with 20 or more employees at $337,699. The most respondents fell in the three-to-five employee range, with a median CEO salary of $125,000.
Other key findings and trends:
• More than four-fifths of grantmakers increased salaries in 2012 and almost nine in 10 grantmakers planned salary increases for 2013.
• Forty-one percent granted bonuses in 2012, a slight increase from 2011.
• Women fill 75 percent of full-time staff positions and 54 percent of CEO positions overall, but only a quarter of CEOs at organizations with $1 billion or more in assets.
• Racial and ethnic minorities accounted for 24 percent of full-time staff in 2013. In addition, minorities represented 8 percent of foundation CEOs overall, but they held 21 percent of those positions among foundations with $1 billion or more in assets.
• More than two-fifths of staff were age 50 or older. Eighty percent of foundation CEOs were age 50 and older.
• Ninety-nine percent of respondents offered voluntary benefits to full-time staff. Nearly two-fifths of respondents extended benefits to domestic partners, up from 32 percent in 2012.
The report is based on responses to an online survey of 936 grantmakers, which reported salaries for a total of 8,404 full-time employees. The respondents included a diverse array of philanthropic organizations representing a total of $249 billion in assets and $15.1 billion in giving in 2012.