April 1, 2012

More Grant Makers Gave Pay Raises in 2011, Says New Survey

By Caroline Preston

Nearly 9 in 10 foundations gave or planned to give raises to their employees in 2011, according to a new survey of 910 grant makers conducted last year by the Council on Foundations.

That share is ticking upward with the improving economy. The previous year, 62 percent of grant makers gave or expected to give raises; in 2009, the figure was 57 percent.

But the size of the pay increases is relatively small. The median increase for 2010 and 2011 was 3 percent, not accounting for