Foundation Relations Director salary in Iceland

Average Yearly Salary of Foundation Relations Director in Iceland is approximately 16,706,922 ISK (116,738 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Foundation Relations Director do?

The Foundation Relations Director is responsible for managing and cultivating relationships between an organization and various foundations. They work closely with the executive team to identify potential funding opportunities and develop strategies to secure grants and donations. The director conducts research on potential foundation partners, prepares grant proposals, and submits funding requests. They also maintain regular communication with foundation representatives, providing updates on projects and ensuring compliance with grant requirements. Additionally, the Foundation Relations Director may collaborate with program managers and finance teams to track and report on the use of grant funds. This role requires strong communication and interpersonal skills, as well as the ability to effectively convey the organization's mission and impact to potential funders.

Skills: Foundation Relations, Grant Writing, Fundraising, Relationship Management, Nonprofit, Philanthropy
Job industry: Non-profit

How much does Foundation Relations Director make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Foundation Relations Director a well paid job?

Yes, our data shows that Foundation Relations Director is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Foundation Relations Director?

High salary for Foundation Relations Director would be somewhere between 18,377,614 ISK and 24,225,037 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Foundation Relations Director in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 16,706,922 ISK
Estimated Monthly Salary: 1,392,244 ISK
Estimated Weekly Salary: 321,287 ISK per week
Estimated Hourly Salary: 8,032 ISK per hour
By working as Foundation Relations Director a person can save up to 6,999 USD per month or 83,992 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Foundation Relations Director

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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