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William G. Selby and Marie Selby Foundation

Profile

Last profile update: 06/13/2017
Last grant data update: 07/01/2017

At A Glance

William G. Selby and Marie Selby Foundation

1800 2nd St., Ste. 954

Sarasota, FL United States 34236-5930

Telephone: (941) 957-0442

URL: www.selbyfdn.org

Type of Grantmaker

Independent foundation

EIN

596121242

BRIDGE Number

3441662770

Background

Trust established in 1955 in FL - Mr. Selby came to Florida in 1909 and established residence there soon afterwards. He died in 1956, leaving an estate in excess of $3 million. More than a year before his death, he had set up a charitable trust with the Palmer National Bank and Trust Company, now known as the First Union National Bank of Florida. Under the terms of his will, approximately one-half of his estate was bequeathed to the foundation. The balance of the estate continued in trust for the benefit of Mrs. Selby, now deceased. The bank was named sole trustee

Purpose and Activities

The foundation seeks to make capital grants that will improve the quality of life in Sarasota County, FL, and its bordering counties. Scholarships are also given to students who can demonstrate financial need, who maintain a 3.0 (unweighted) GPA, who are residents of Sarasota, Manatee, Charlotte or DeSoto counties in FL, and who are pursuing a bachelors degree from a four-year college or university. Scholarships will be awarded up to $7,000 per year.