The Honorarium: A Compensation Compromise for Grant Writers
What is an honorarium?
An honorarium is a payment that says “thank you” to someone for providing a small service. A price or fee is not really set for the service rendered. Honoraria are income and taxable.
Who receives an honorarium?
Honoraria are very common in the academic community, especially in the sciences. Individual faculty members from other universities are invited to visit with and share their research findings with colleagues and students through regular, department seminars. Such people usually receive an honorarium in addition to travel expenses.
Grant Readiness: Repetition is Necessary!
Why does this topic keep coming up in the world of grant consulting?
Many non-profit organizations and individuals are either new or naïve when it comes to grants. Grant readiness is one of those topics that can’t be discussed enough. It doesn’t matter how many times it is discussed or the many ways it is presented. So, here’s yet another version of what makes a non-profit grant ready in the hope that one more person or organization will get it.
Take This Self-Quiz:
The Research Lab Meets the Nonprofit
What Does a Research Lab Have in Common With a Nonprofit Organization?
Higher education was a great training ground for all things related to grant consulting. Technically, colleges and universities are nonprofit organizations with a development office for capital campaigns and the like, as well as an office for research and programs. The similarities of collegiate faculty pursuing scholarly research with that of the mission of a nonprofit are very clear.
Both have ties to a greater good.
Both need those funds obtained through grant proposals to support projects, if not survive in the long term.
Both have to prove that the funds were properly used through publications and reports.