The Fellowship is financed through the generosity of the trustees of the Selby Scientific Foundation. In 1980 the Directors of H B Selby Australia recognised the need for a continuing source of funds to help finance education, research and development in the fields of science and medicine, with which the company had been involved for some 80 years as a supplier of scientific instruments, laboratory apparatus and chemicals. Accordingly, the Selby Scientific Foundation was established with contributions from HB Selby Australia Ltd, members of the Selby family and a number of shareholders in the Selby company.
This was offered as an early-career Fellowship from 1961 to 1975, before being offered as a senior Fellowship.
This award is open to nominations for candidates from all genders. The Australian Academy of Science encourages nominations of female candidates and of candidates from a broad geographical distribution.
Fellowships are awarded to distinguished postgraduate overseas scientists to visit Australia for public lecture/seminar tours and to visit scientific centres in Australia. Fellows are expected to increase public awareness of the physical and biological sciences and scientific issues and accordingly will be outstanding lecturers to the general public.