2017 Salary Data for Southeast Grantmakers Now Available
In SECF’s 2016 market analysis, 43 percent of responding organizations stated that they anticipated adding new staff within the next 12 months and close to a third reported having replaced their executive director within the past three years.
With each new staff member, promotion, or position added, there are crucial decisions that have to be made regarding compensation. Not only do foundations want to remain competitive and attract the best talent, but they also have to show due diligence and demonstrate that staff and CEO compensation is, according to IRS guidelines, “reasonable and not excessive.” As a best practice, it is recommended that foundations and other charities review comparable salary and benefits data for other organizations with similar missions and of a similar budget or asset size.
Each year, SECF partners with the Council on Foundations (COF) to produce comparative analyses of salary data for foundation staff and CEOs in the Southeast. These reports are generated using COF’s Benchmarking Central tool that includes salary data for staff in multiple roles within foundations.
The 2017 salary tables include data collected in COF’s 2017 Grantmaker Salary and Benefits Survey on 9,730 full-time staff across 970 U.S.-based foundations and corporate grantmakers. Salary analyses derived from this survey offer benchmarking data for 36 staff positions at all levels, broken down by foundation type and asset size. New this year, COF partnered with Mission Investors Exchange to include an impact investing specific staff position in the 2017 survey to reflect growing interest in the field.
The 2017 salary tables are available to SECF members under the Resources section of our web site – or you can click this link to access them directly.
Stephen Sherman is SECF's data and research manager.