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William G. Selby and Marie Selby Foundation

Profile

Last Updated: 2016-08-25

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

Financial Data

(yr. ended 2015-05-31)

Assets: $73,313,440

Total giving: $2,943,542

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.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Grants to Individuals Program

Scholarships to graduating high school students and graduating students from Manatee Community College who are residents of Sarasota, Manatee, Charlotte or DeSoto counties in FL, pursuing a bachelors degree from a four-year accredited college or university on a full-time basis.

Fields of Interest

Subjects
  • Arts and culture
  • Child development
  • Child educational development
  • Community and economic development
  • Education
  • Elementary education
  • Higher education
  • Historic preservation
  • Housing development
  • Human services
  • Performing arts
  • Physical and earth sciences
  • Secondary education
  • Senior services
  • Visual arts
  • Youth services
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Female adolescents
  • Female children and youth
  • Females
  • Homeless people
  • Low-income and poor people
  • People with disabilities
  • People with vision impairments
  • Seniors

Financial Data

Year ended 2015-05-31

Assets: $73,313,440 (market value)

Expenditures: $3,772,010

Total giving: $2,943,542

Qualifying distributions: $3,348,401