You can use the get_group method:
In [21]: gb.get_group('foo')
Out[21]:
A B C
0 foo 1.624345 5
2 foo -0.528172 11
4 foo 0.865408 14
Note: This doesn't require creating an intermediary dictionary / copy of every subdataframe for every group, so will be much more memory-efficient than creating the naive dictionary with dict(iter(gb)). This is because it uses data-structures already available in the groupby object.
You can select different columns using the groupby slicing:
In [22]: gb[["A", "B"]].get_group("foo")
Out[22]:
A B
0 foo 1.624345
2 foo -0.528172
4 foo 0.865408
In [23]: gb["C"].get_group("foo")
Out[23]:
0 5
2 11
4 14
Name: C, dtype: int64