Randall & Rhonda Toney Charitable Foundation
Randall & Rhonda Toney Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOODLETTSVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $728K in total assets. In 2024, it awarded 12 grants totaling $105K. Net investment income was $385K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$728K
+169.1% YoY
Annual Giving
$105K
+121.2% YoY
Grant Count
12
+71.4% YoY
Avg Grant Size
$9K
+29.0% YoY
Under IRS private-foundation payout rules, Randall & Rhonda Toney Charitable Foundation reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.
About Randall & Rhonda Toney Charitable Foundation
Based on IRS filings
Randall & Rhonda Toney Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOODLETTSVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $728K in total assets. In 2024, it awarded 12 grants totaling $105K. Net investment income was $385K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $727,520 | $270,320 | $249,736 |
| Revenue | $552,838 | $97,066 | $68,210 |
| Expenses | $105,855 | $47,695 | $44,940 |
| Qualifying Distributions | $105,006 | $47,599 | $44,856 |
| Net Investment Income | $384,713 | $61,091 | $30,771 |
| Distributable Amount | $13,076 | $11,265 | $11,698 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Long Hollow Baptist Church ($65,000), Belmont University ($21,500), UNIVERSITY of TENNESSEE FOUNDATION ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LONG HOLLOW BAPTIST CHURCH HENDERSONVILLE, TN | GENERAL SUPPORT | $65,000 |
| BELMONT UNIVERSITY NASHVILLE, TN | GENERAL SUPPORT | $21,500 |
| K LOVE MINISTRIES OMAHA, NE | GENERAL SUPPORT | $1,000 |
| UNIVERSITY of TENNESSEE FOUNDATION KNOXVILLE, TN | GENERAL SUPPORT | $10,000 |
| WHO YOU WITH MINISTRIES GOODLETTSVILLE, TN | GENERAL SUPPORT | $1,000 |
| GRACE PLACE MINISTRIES HENDERSONVILLE, TN | GENERAL SUPPORT | $1,000 |
| NATION of COACHES DECATUR, AL | GENERAL SUPPORT | $250 |
| TAYLOR UNIVERSITY UPLAND, IN | GENERAL SUPPORT | $1,000 |
| CUMBERLAND CRISIS PREGNANCY CENTER HENDERSONVILLE, TN | GENERAL SUPPORT | $1,000 |
| AMERICAN HEART ASSOCIAITON NASHVILLE, TN | GENERAL SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RANDALL TONEY | OFFICER | 1 | — |
| RHONDA ANN TONEY | OFFICER | 1 | — |
| LESLIE MICHELLE TONEY | DIRECTOR | 1 | — |
| RANDALL CHARLES TONEY | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Randall & Rhonda Toney Charitable Foundation?
Randall & Rhonda Toney Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GOODLETTSVILLE, TN. It holds $728K in total assets as of 2024.
How large is Randall & Rhonda Toney Charitable Foundation?
As of 2024, Randall & Rhonda Toney Charitable Foundation holds $728K in total assets with $553K in annual revenue. It awarded 12 grants totaling $105K in 2024.
Where does Randall & Rhonda Toney Charitable Foundation operate?
Randall & Rhonda Toney Charitable Foundation has awarded grants in Alabama, Indiana, Nebraska, Tennessee.
What size grants does Randall & Rhonda Toney Charitable Foundation award?
In 2024, Randall & Rhonda Toney Charitable Foundation awarded 12 grants totaling $105K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Randall & Rhonda Toney Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Randall & Rhonda Toney Charitable Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Randall & Rhonda Toney Charitable Foundation's EIN?
Randall & Rhonda Toney Charitable Foundation's EIN (Employer Identification Number) is 68-0613490. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Randall & Rhonda Toney Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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