Selembo Foundation

Private foundation · Grantmaker Matthews, NC EIN: 46-4323937

Selembo Foundation is a private foundation focused on religion, 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.

Key facts about Selembo Foundation

In short: Selembo Foundation gave $2K across 5 grants in 2024 (avg $452), mostly in North Carolina. Source: 2024 IRS Form 990-PF.

EIN
46-4323937
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,260
Grants made (2024)
5
Average grant
$452
Median grant
$200
Total assets
$333,732
Primary geography
North Carolina (96% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

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.

How Selembo Foundation gives

  • Giving fell 79% from 2021 to 2024. Method
  • In 2024 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

CharlotteEastonMatthewsSpartanburgGreensburgUniversity ParkDallasMemphisNorthfield

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K7 grants2020 9 grants2021 8 grants2022 1 grant2023 5 grants2024

From 2020 to 2024, annual grant giving ranged from $1K (2023) to $11K (2021). In 2024 it made 5 grants totaling $2K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Samaritan's Purse: $1KSamaritan's Purse$1KWorld of God: $960World of God$960Levine Middle College: $200Levine Middle College$200Lafayette College Engineering: $50Lafayette College Engineering$50Leukemia & Lymphoma Society: $50Leukemia & Lymphoma Society$50

The largest 2024 recipient was Samaritan's Purse ($1K). Together the top 5 received $2K.

Grant Size Distribution

30 grants across all recorded years

30<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 30 grants of 30 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Samaritan's Purse Charlotte, NCGeneral Fund$1,000
World of God Charlotte, NCGeneral Fund$960
Levine Middle College Matthews, NCGeneral Fund$200
Lafayette College Engineering Easton, PAGeneral Fund$50
Leukemia & Lymphoma Society Northfield, ILGeneral Fund$50

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K2020 2021 2022 2023 2024
Metric202420232022
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Selembo Foundation is led by George Selembo, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • George Selembo

    President

    On filings since 2020

    No compensation reported

  • Priscilla Selembo

    Vice President

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Selembo Foundation

How much does Selembo Foundation give each year?

Selembo Foundation gave $2K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1K across 1 grant.

What is Selembo Foundation's typical grant size?

Selembo Foundation's median grant in 2024 was $200, and its average grant was $452, across 5 grants on its 2024 IRS Form 990-PF.

Where does Selembo Foundation give grants?

Selembo Foundation gives mostly in North Carolina: 96% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Charlotte, NC (2 grants).

Does Selembo Foundation give general operating support?

Yes: 100% of Selembo Foundation's 2024 grants with a stated purpose (5 of 5) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Selembo Foundation's largest grantees?

Selembo Foundation's largest 2024 grantees include Samaritan's Purse ($1,000), World of God ($960) and Levine Middle College ($200), according to its 2024 IRS Form 990-PF. Together they received 96% of its itemized 2024 grant dollars.

How large is Selembo Foundation?

Selembo Foundation reported $334K in total assets on its 2024 IRS Form 990-PF. It paid out $15K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Selembo Foundation?

Selembo Foundation is a private foundation focused on religion, based in Matthews, NC. It holds $334K in total assets as of 2024.

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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