This new post discusses grant consultants’ fees in 2015 for such services as creating funding development plans or devising project evaluation plans. It is part of an ongoing series. Other new posts for 2015 will cover: hourly rates and flat rates, retainer rates, prospect research rates, and other topics related to how grant consultants earn an income.
Fixed Fee Assignments:
In 2015, beyond stating hourly rates, per proposal rates, retainer fees, and proposal review fees, some grant writing consultants also publish cost information about other services. The most frequently encountered rates for ancillary services are those for fixed fee assignments for private sector prospect research and/or private sector proposal development. The costs range from $4,000 to $7,500 – for finding 3 to 5 grant leads and/or for writing 3 to 5 proposals – to from $6,000 to $7,500 – for finding 10 grant leads and/or for writing 10 proposals.
|Consultant 1||$4,000||4 potential funders||$7,500||10 potential funders|
|Consultant 2||$4,500||3 potential funders||$6,000||10 potential funders|
|Consultant 3||$6,000||5 potential funders||$7,000||10 potential funders|
Funding Development Plans:
Fewer grant-writing consultants also offer to create funding development plans for clients. A funding development plan commonly considers grant seeking as only one element of a client’s overall plan for raising funds. Ancillary services vary greatly in terms of their specifications and conditions. Almost invariably, consultants indicate that their resulting plans will be ‘comprehensive’ and that actual costs for the plans will reflect the scope and detail of each assignment. Quoted fees run from $3,000 to $10,000 or more.
|Consultant/Firm 1||$3,000||$10,000||Create comprehensive funding development program|
|Consultant/Firm 2||$4,000||$6,000||Develop a comprehensive fund-development plan|
|Consultant/Firm 3||$100/hr||Unstated||Program development from concept to proposal|
Grant Writing Workshops:
Still fewer consultants offer workshops for grant-related staff development. Perhaps one reason for the infrequency of such ancillary services is that they compete directly with associations of non-profits, universities, the Grantsmanship Center, the Foundation Center, and other providers of workshops and courses. The consultants’ workshops may last one or two days. Consultants may charge for them by the hour (e.g., $65/hour) plus expenses or by the day (e.g., $520/day) plus expenses. The most frequently cited expenses to be billed are those of travel, lodging, and office support (e.g., printing, copying, mailing, or shipping).
|Daily Rates||Travel and Expense Surcharge|