The Stanton Fellowship

Sample Budgets

An applicant is the Executive Director of a nonprofit that builds affordable housing. She would like to see affordable housing incorporate more green standards in building. She has read in professional journals that Brazil has been successful with this, so she plans to take two weeks in Year One to visit affordable housing developers there, followed by a one-week trip to a U.S. location for the same purpose, and three weeks set aside for reading, research and talking to colleagues.

In Year Two, the fellow wants to learn more about how the regulatory arena works. She has made plans to spend two weeks at the state housing regulatory agency. She will spend another four weeks on research and writing, and two weeks working with a communications. Her goal is to develop a report on green building standards for affordable housing and to create a communications plan for disseminating the report.

Salary and Benefits

Monthly Salary: $10,000
Monthly Benefits: $2,000
Number of Months: 3.5
Subtotal Salary and Benefits: $42,000
(Salary + Benefits) x (Months)

Approximate Expenses:
- Airfare to Brazil: $1,000
- Brazil expenses - interior travel, food, lodging (some free because of a house trade with a colleague): $3,500
- Denver trip: $1,500
- Honoraria to organizations I will be visiting: $1,000
- Sacramento travel and lodging: $2,400
- Local travel and parking: $1,000
- Research materials: $500
- Laptop: $1,500
- Temporary pay increase to office assistant for increased workload: $2,000
- Temporary pay increase to Project Manager at office for increased workload during applicant’s absence: $5,000
- Hiring intern to help with research: $2,500
- Working with communications firm to create dissemination plan: $10,000

Subtotal Expenses: $31,900

TOTAL PRELIMINARY BUDGET: $73,900
(not to exceed $75,000)

Example B

An applicant is the founder and director of an organization that provides services for individual artists in Los Angeles County. He would like to create an interactive artists’ database on the web that could showcase work, and provide biographical information and contacts. He anticipates that the site will be a resource for curators and presenters nationwide, and will also be of interest to arts enthusiasts and cultural tourists seeking opportunities to experience art in Los Angeles. A similar informational database was created for artists in the Midwest. The applicant would like to build upon the conceptual framework of this model, expanding it to include links to venues and the capacity to purchase tickets to events, or even to purchase artwork, online. He believes the site might be able to generate earned revenue through advertising or commissions on sales.

The applicant’s plan is to take the majority of his time away from the office in Year One. He will spend one week with the nonprofit in Chicago that developed the artists’ database there to learn what has and has not worked for them and for the artists. For two weeks after that, he will apprentice himself at a technology company in Palo Alto to understand the technological possibilities. He will also spend one week as the guest of a senior faculty member at the Stanford Business School, who has invited him to present his project as a case study for a Graduate School of Business seminar on how to write a business plan. Finally, he will return to L.A. to spend four weeks working on a prototype with a consultant.
The applicant plans to seek additional second stage funding from other sources to bring the project to scale in Year Two. He estimates spending one month total on the launch.

Salary and Benefits

Monthly Salary: $7,500
Monthly Benefits: $1,820
Number of Months: 3
Subtotal Salary and Benefits: $27,960
(Salary + Benefits) x (Months)

Approximate Expenses:
- One week travel to Chicago: $1,500
- Expenses at Stanford: $1,450
- Expenses in Sunnyvale: $2,000
- Laptop computer and software: $2,100
- Consultant: $15,000
- Launch expenses: $24,990

Subtotal Expenses: $47,040

TOTAL PRELIMINARY BUDGET: $75,000
(not to exceed $75,000)