Good question. My very rough Fermi estimate puts this at around $750/grant (based on something like $90k worth of staff costs directly related to grantmaking and ~120 grants/year). It’s hard to say how this scales, but we’ve continued to improve our grant processing pipeline, and I’d expect that we can continue to accommodate a relatively high number of grants per year. This is also only the average cost – I’d expect the marginal cost for each grant to be lower than this.
I don’t have a great sense of grantmaker overhead per individual grant, but I’d estimate the time cost something in the range of $500-$1000 per grant recommendation per Fund team member, or $2000-$4000 for a typical ~4-person team (noting of course that Fund management team members donate their spare time to work on the project).
Good question. My very rough Fermi estimate puts this at around $750/grant (based on something like $90k worth of staff costs directly related to grantmaking and ~120 grants/year). It’s hard to say how this scales, but we’ve continued to improve our grant processing pipeline, and I’d expect that we can continue to accommodate a relatively high number of grants per year. This is also only the average cost – I’d expect the marginal cost for each grant to be lower than this.
I don’t have a great sense of grantmaker overhead per individual grant, but I’d estimate the time cost something in the range of $500-$1000 per grant recommendation per Fund team member, or $2000-$4000 for a typical ~4-person team (noting of course that Fund management team members donate their spare time to work on the project).