Marguerite Keasbey established the Henry Griffith Keasbey and Anna Griffith Keasbey Memorial Foundation in 1953 to honor her parents. In the interest of promoting Anglo-American relations and providing Americans with an opportunity to experience the British educational system, the Keasbey Memorial Foundation awards scholarships annually to support one or two years of postgraduate study (depending on the duration of the degree course for which application is made) at the universities of Oxford, Cambridge, or Edinburgh.
Yale College is one of a select group of American institutions invited every three years to nominate candidates to the national competition. In the autumn of 2025, Yale is invited to nominate two members of the class of 2026 for the Keasbey, for study beginning in 2026-27 Nominees will be invited for interviews via Zoom by the Trustees of the Keasbey Foundation in December, and it is expected that two Scholars will be named for study in Britain beginning in 2026-27.
The Keasbey Scholarship award consists of a direct payment to the British institution involved to cover tuition and other fixed charges, a cost of living stipend paid to the Scholar to cover board, lodging, and general subsistence, and an allowance for travel between the United States and Great Britain. The stipend is approximately equal to that of the Rhodes Scholarship.