Randon Costello Scholarship Endowme is a private foundation focused on Education, based in LAFAYETTE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $856K in total assets. In 2024, it awarded 29 grants totaling $72K. Net investment income was $25K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$856K
+2.7% YoY
Annual Giving
$72K
+35.5% YoY
Grant Count
29
+31.8% YoY
Avg Grant Size
$2K
+2.8% YoY
Under IRS private-foundation payout rules, Randon Costello Scholarship Endowme reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.
About Randon Costello Scholarship Endowme
Based on IRS filings
Randon Costello Scholarship Endowme is a private foundation focused on Education, based in LAFAYETTE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $856K in total assets. In 2024, it awarded 29 grants totaling $72K. Net investment income was $25K.
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 | $856,313 | $833,418 | $796,364 |
| Revenue | $102,090 | $96,208 | $130,615 |
| Expenses | $79,195 | $59,154 | $55,397 |
| Qualifying Distributions | $72,003 | $53,121 | $48,445 |
| Net Investment Income | $24,898 | $13,196 | $23,663 |
| Distributable Amount | $42,052 | $37,375 | $35,435 |
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
95 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Absolutely Embroidery and More ($7,663), Dollardays International Inc ($6,928), Absolutely Embroidery and More ($6,507).
| Recipient | Purpose | Amount |
|---|---|---|
| ABSOLUTELY EMBROIDERY AND MORE LAFAYETTE, LA | EDUCATION SUPPLIES | $6,507 |
| ABSOLUTELY EMBROIDERY AND MORE LAFAYETTE, LA | EDUCATION SUPPLIES | $7,663 |
| ACADIANA READING CENTER BREAUX BRIDGE, LA | EDUCATION | $2,500 |
| ACADIANA READING CENTER BREAUX BRIDGE, LA | EDUCATION | $180 |
| ACADIANA READING CENTER BREAUX BRIDGE, LA | EDUCATION | $2,500 |
| AEROPOSTALE LAFAYETTE, LA | EDUCATION SUPPLIES | $109 |
| AEROPOSTALE LAFAYETTE, LA | EDUCATION | $1,622 |
| DAVID THIBODEAUX STEM MAGNET ACADEM LAFAYETTE, LA | EDUCATION SUPPLIES | $500 |
| DOLLARDAYS INTERNATIONAL INC PHOENIX, AZ | EDUCATION SUPPLIES | $6,928 |
| FISK UNIVERSITY NASHVILLE, TN | EDUCATION | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSETTE SMALLING | PRESIDENT | — | — |
| TIM COSTELLO | SECRETARY | — | — |
| KEN SMALLING | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Randon Costello Scholarship Endowme?
Randon Costello Scholarship Endowme is a private foundation focused on Education, based in LAFAYETTE, LA. It holds $856K in total assets as of 2024.
How large is Randon Costello Scholarship Endowme?
As of 2024, Randon Costello Scholarship Endowme holds $856K in total assets with $102K in annual revenue. It awarded 29 grants totaling $72K in 2024.
Where does Randon Costello Scholarship Endowme operate?
Randon Costello Scholarship Endowme has awarded grants in Alabama, Arizona, Louisiana, Tennessee.
What size grants does Randon Costello Scholarship Endowme award?
In 2024, Randon Costello Scholarship Endowme awarded 29 grants totaling $72K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Randon Costello Scholarship Endowme required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Randon Costello Scholarship Endowme reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Randon Costello Scholarship Endowme's EIN?
Randon Costello Scholarship Endowme's EIN (Employer Identification Number) is 84-4587293. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Randon Costello Scholarship Endowme'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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