How do you win the MacArthur genius grant?

Individuals cannot apply for this award; they must be nominated. The MacArthur Fellowship is a five-year grant to individuals who show exceptional creativity in their work and the prospect for still more in the future.

How many people get the MacArthur grant?

About 20 to 30 fellows are selected each year. Since 1981, 1,061 people have been named MacArthur Fellows, according to the foundation.

How does the MacArthur genius grant work?

The MacArthur Fellowship is a “no strings attached” award in support of people, not projects. Each fellowship comes with a stipend of $625,000 to the recipient, paid out in equal quarterly installments over five years.

What do MacArthur Fellows get?

a $625,000
The award, commonly known as the “genius grant,” carries a $625,000 stipend, paid in quarterly installments over five years with no strings attached on how recipients can spend the money.

Is MacArthur grant taxable?

Like lottery winners, the recipients, who this year run the gamut from computational biologist to playwright, can spend, save, or invest the money however they want (though the grant, which is paid out in quarterly installments over five years, is subject to taxation).

How much is a MacArthur grant worth?

The MacArthur Fellows Program, also referred to as “genius grants” or “genius award”, annually gives $625,000 no-strings-attached grants to around two dozen creative individuals in diverse fields “who have shown extraordinary originality and dedication in their creative pursuits”.

How big is a MacArthur grant?

How much is a MacArthur genius grant?

$625,000
But the MacArthur Fellowship is not simply love mail. It comes with a no-strings-attached grant of $625,000, to be awarded over five years. And it is known colloquially as the “genius” award, to the sometime annoyance of the foundation.