The Selby Foundation is currently focusing its gifting on responding to COVID-19 needs. We are not accepting new proposals for capital improvement grants at this time. Please check back in late June for updates.
Frequently asked questions and answers
Applicants are restricted to 501(c) 3 non-profit entities (or equivalent) that are located within Sarasota, Manatee, Charlotte or DeSoto counties. On rare occasions, exceptions are made for groups outside of these counties who can demonstrate that a majority of their clients (>50%) come from within our 4-county service area.
Ineligible applicants include:
– Chambers of Commerce
– Public or Private K-12 Schools (including charter schools and booster organizations)
– Churches and their ministries
– Fire or police departments (including volunteer organizations)
Grants are restricted to capital expenditures.
Requests cannot be for:
– Various operating/program expenses
– Projects that have already been completed
– Expenses already incurred
– Deficit financing/debt reduction
– Conferences, seminars or workshops
– Surveys, advertising, or marketing materials
All organizations that are applying for a grant are required to contact the Foundation for a preliminary discussion before applying. Organizations that have previously received Selby funding may not apply again until one year after the approval of their previous final report. All previous grant requirements must be fulfilled to the Foundation’s satisfaction before the organization will be eligible to apply again. If you are unsure of the final report approval date, please contact the Foundation’s office.
There are two grant cycles per year (spring and fall). The application opens for the spring cycle on December 1 and closes on February 1; the fall cycle opens on June 1 and closes on August 1. The Foundation has a firm deadline of 3:59 p.m. EST on the closing day (if the closing day falls on a weekend, it is advanced to the next business day). Applicants are encouraged to submit their application in advance of the deadline to give Foundation staff the opportunity to review the content and identify any missing information.
The minimum amount that can be requested is $10,000. If your organization does not have an audit, the maximum amount requested cannot exceed $40,000.
The average grant awarded is $50,000.
After submission of the application, the Selby Foundation’s President and CEO will meet with your organization’s executive director and a board member to discuss the project. After this meeting, the application is then reviewed by the Foundation’s Board of Directors in an attempt to determine the value of the project, the soundness of the requesting organization, and the assurance of future maintenance and funding of the project.
Once a decision has been made, applicants will be notified of the approval or denial of their request. Notifications for the spring cycle are in mid-May and mid-December for the fall cycle.
If a grant is awarded, the organization is required to sign a Grant Acceptance Contract agreeing to the terms and conditions of the grant. Within one year after award, a Final Report of Grant Expenditure must be submitted and approved. Another request cannot be submitted until one year after approval of the Final Report.