Fellowship awards may be used to cover salary and benefits for full-time employment. Awards are up to $100,000 per year for full-time effort, with full amount contingent on any institutional salary cap for a specified position.
For Host Institutions
The Foundation will pay 15% overhead on salary and research expenses (see below). The Foundation expects the host institution will provide baseline institutional support to its fellow(s), provide mentoring to the fellow(s) in the form of evaluating research proposals, regular meetings, and general career advice and guidance, and provide the Foundation with narrative and financial reporting at delineated intervals.
Applicants who require funds for research expenses may include a supplemental request for up to $25,000 in their application.
For applicants based at academic institutions, the Foundation will typically provide funding to the applicant’s home institution in the month of May, with a July 1 fellowship start date. Funding schedules for applicants at non-academic institutions will be developed on a case-by-case basis after consultation with the Fellow’s home institution. Execution of a memorandum of understanding between the institution and the Stanton Foundation must occur prior to funding.