The William G. and Marie Selby Foundation’s Board of Directors has announced the retirement of its President and CEO, Carol Butera, effective in Spring 2023. Butera joined the Foundation in July 2017 as its Executive Director and was later promoted to President and CEO. Prior to joining the Foundation, she served as Vice President of Development at Children First for a decade and at the Sarasota YMCA for a decade prior to that. Her career service in the nonprofit sector goes deep - she came to Sarasota in 1996 after working in Haiti for the Hôpital Albert Schweitzer. Her goal has always been to bring lifelong change to children and families in the community. And, her leadership of the Foundation over the past five years has had a tremendous impact. Butera’s accomplishments include moving the Selby Foundation from a Trust to a Private Foundation in 2019 enabling the Foundation to better manage its corpus of $70 million dollars and to direct its programs in perpetuity. During her tenure, Butera expanded the traditional two-year grant cycle adding Small and Mighty Grants (SAM) quarterly which enable nonprofits with annual operating expenses of less than $300,000 to apply for grants outside of the traditional grant cycle. With the Board’s leadership, Butera recently commissioned two scholarship studies in the region which will lead to strengthening the Foundation’s current scholarship program, helping it to focus on critical gaps in the four-county region. The Selby Foundation is a private foundation founded by William G. and Marie Selby in 1955. The Foundation supports Sarasota, Manatee, Charlotte and DeSoto counties through capital grants and scholarships. Since its establishment, the Selby Foundation has provided more than $120 million to the community. For more information on the Foundation’s grant and scholarship application process, including its Small and Mighty Grants program, visit www.selbyfdn.org.