Sellers is an art collector and patron. Collecting for over 35 years, his collection contains post-war Australian art and many of the European modernists, with a particular interest in the Fauves (1906/7). Sellers has also funded the bi-annual art prize of $15,000 in the Southeast of
New South Wales. In 2007, Sellers launched the Basil Sellers Art Prize, initiated in 2008 in association with the Ian Potter Museum of Art, the University of Melbourne. The first prize of $100,000 is awarded to an Australian who produces a piece of art with a sports image. The award bridges the gulf that exists and connects art and sport and is bi-annual. In 2009, Sellers' philanthropic support led to the establishment of the inaugural National Sports Museum Basil Sellers Creative Arts Fellowship. This bi-annual fellowship allows contemporary artists to explore themes related to
Australia's sporting heritage using the collections of the National Sports Museum at the MCG. It aims to expand educational and public programs and foster discussions on the intersection of sport and art. He has recently concluded the Basil Sellers Sports Sculpture Project of ten sculptures erected at the
Sydney Cricket Ground and Adelaide Oval. ==Other initiatives and donations==