Selembo Foundation is a private foundation focused on Religion Related, based in MATTHEWS, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $334K in total assets. In 2024, it awarded 5 grants totaling $2K. Net investment income was $10K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$334K
-0.4% YoY
Annual Giving
$2K
+120.5% YoY
Grant Count
5
+400.0% YoY
Avg Grant Size
$452
-55.9% YoY
Under IRS private-foundation payout rules, Selembo Foundation reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.
About Selembo Foundation
Based on IRS filings
Selembo Foundation is a private foundation focused on Religion Related, based in MATTHEWS, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $334K in total assets. In 2024, it awarded 5 grants totaling $2K. Net investment income was $10K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $333,732 | $335,041 | $333,258 |
| Revenue | $19,484 | $21,139 | $12,285 |
| Expenses | $20,793 | $19,356 | $20,934 |
| Qualifying Distributions | $15,260 | $14,025 | $18,796 |
| Net Investment Income | $9,660 | $9,522 | $10,205 |
| Distributable Amount | $17,331 | $16,406 | $17,161 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Samaritan's Purse ($1,000), World of God ($960), Levine Middle College ($200).
| Recipient | Purpose | Amount |
|---|---|---|
| LAFAYETTE COLLEGE ENGINEERING EASTON, PA | GENERAL FUND | $50 |
| LEUKEMIA & LYMPHOMA SOCIETY NORTHFIELD, IL | GENERAL FUND | $50 |
| SAMARITAN'S PURSE CHARLOTTE, NC | GENERAL FUND | $1,000 |
| WORLD OF GOD CHARLOTTE, NC | GENERAL FUND | $960 |
| LEVINE MIDDLE COLLEGE MATTHEWS, NC | GENERAL FUND | $200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE SELEMBO | PRESIDENT | — | — |
| PRISCILLA SELEMBO | VICE PRESIDE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Selembo Foundation?
Selembo Foundation is a private foundation focused on Religion Related, based in MATTHEWS, NC. It holds $334K in total assets as of 2024.
How large is Selembo Foundation?
As of 2024, Selembo Foundation holds $334K in total assets with $19K in annual revenue. It awarded 5 grants totaling $2K in 2024.
Where does Selembo Foundation operate?
Selembo Foundation has awarded grants in Illinois, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas.
What size grants does Selembo Foundation award?
In 2024, Selembo Foundation awarded 5 grants totaling $2K — an average of about $452 per grant, based on its IRS Form 990 filings.
How much is Selembo Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Selembo Foundation reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Selembo Foundation's EIN?
Selembo Foundation's EIN (Employer Identification Number) is 46-4323937. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Selembo Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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