Salary Range for a Foundation Associate Professor

Foundation awards assist professors with conducting and publishing their research.

University professors recognized with foundation awards receive a stipend in addition to their salaries for a specified period. Foundation professors may also receive one-time research grants in addition to their annual salaries and foundation award stipends; this varies by institution. Associate professors receiving foundation awards earn their annual salaries and their research stipends for the award period as specified by the university granting the award.

Average Annual Salaries for Associate Professors

The American Association of University Professors reports the average annual salary for associate professors in public institutions awarding doctoral degrees was $80,463 during the 2009-2010 academic year. Associate professors working in private institutions awarding doctoral degrees was $96,472 during the 2009-2010 academic year. Associate professors employed by church-related institutions awarding doctoral degrees earned an average salary of $115,209 during the 2009-2010 academic year.

Examples of Foundation Professor Awards

The University of Florida and the University of Nevada, Reno provide foundation professors foundation awards of $5,000 annually for three years. The University of Florida also provides foundation professors with a one-time research grant of $3,000 to be used during the three year award period. Using these examples, associate professors in public institutions offering doctoral degrees would earn an average salary of $85,463 during the award period. Associate professors working in private institutions would receive $101,472 during the award period, and foundation award professors working in church related universities offering doctoral degrees would earn $120,209.

Salary Variances by Academic Discipline

The Bureau of Labor Statistics reports average annual salaries for faculty working in post-secondary institutions according to academic discipline. These variances influence the average annual salary of a foundation associate professor. Here are representative samples of average annual salaries for post secondary faculty as of May 2010. These average annual salaries do not specify salaries for instructor, assistant professor, associate professor, or professor. Physics faculty earned an average annual salary of $86,560. Business faculty earned an average annual salary of $85,470. Math faculty earned an average annual salary of $73,480. History faculty earned an average of $70,860 annually. English language and literature faculty earned an average annual salary of $67,920.

Factors Impacting Foundation Awards

University and college foundations depend on the generosity of alumni, corporate and private donors for funding foundation awards, A report by the National Association of College and University Business Officers and Commonfund indicates that while university endowments gained an average of 12 percent during the 2010 fiscal year, endowment levels remain below 2007averages. This news indicates the pressure on universities for funding research and foundation faculty awards. Public universities are sustaining budget cuts for faculty salaries and research funding; these trends could impact the availability or amounts of funding for foundation faculty salaries and awards.

References

• American Association of University Professors: Average Salary and Compensation Levels by Category, Affiliation and Academic Rank 2009-2010, April 2010
• University of Florida News: 33 Faculty Named Foundation Research Professors for 2011, April 2011
• University of Nevada, Reno: 2011 Foundation Professors Announced, May 2011
• Chronicle of Higher Education:Colleges' Endowments Earned 12 Percent, but Still Trail 2007 in Value, Jeffrey Brainard, January 2011