Randon Costello Scholarship Endowment Fund a Nonprofit Corpora
RANDON COSTELLO SCHOLARSHIP ENDOWME is a private foundation based in Lafayette, Louisiana. Its 2024 filing reports grants for education, including support for schools, universities, and education-related organizations.
Key facts about Randon Costello Scholarship Endowment Fund a Nonprofit Corpora
In short: Randon Costello Scholarship Endowment Fund a Nonprofit Corpora gave $72K across 29 grants in 2024 (avg $2K), mostly in Louisiana. 60% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 84-4587293
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $72,003
- Grants made (2024)
- 29
- Average grant
- $2,483
- Median grant
- $2,400
- New grantees (estimate)
- 60% first-time grantees (12 of 20, 2024; small sample)
- Total assets
- $856,313
- Primary geography
- Louisiana (82% of itemized 2024 grant dollars)
- How to apply
- Contact Ken Smalling. Full details ↓
- Deadline
- June 30.
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
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 Endowment Fund a Nonprofit Corpora reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.
Is Randon Costello Scholarship Endowment Fund a Nonprofit Corpora open to new grantees?
60%
first-time grantees, 2024
In 2024, 12 of 20 grantees (60%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $2K; repeat grants $7K. How we count
Medians: $1K first-time, $6K repeat.
- 40% of 2024 grantees were also funded in 2023. Method
- Giving grew 65% from 2021 to 2024. Method
- In 2024 it paid out 171% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants include support for education and education supplies. Among its grantees, Fisk University says it prepares graduates from diverse backgrounds for substantive contributions to society through a liberal arts curriculum and research. Louisiana Folk Roots Inc. says it nurtures and shares Louisiana’s traditional cultural expressions through performances and related educational activities. Miles College Inc. says it motivates students toward intellectual, ethical, spiritual, and service-oriented lives.
Grantmaking
In 2024, the foundation made 29 grants totaling $72,003. Grant amounts ranged from $109 to $7,663, with a median of $2,400.
Among the largest grants were $7,663 and $6,507 to Absolutely Embroidery and More for education supplies, and $6,928 to DollarDays International Inc. for education supplies. Other grants included $5,000 to Vermilion Catholic High School, $4,500 and $4,000 to the University of Louisiana at Lafayette, and $3,914 to Southern University. The foundation also made two grants of $2,500 each to Fisk University. Other 2024 grantees included Louisiana Folk Roots Inc. ($1,500) and Miles College Inc. ($1,000).
Review Cycle
June 30.
How to Apply
Contact Ken Smalling. The foundation provides an application form; award restrictions are described in its program guidelines.
Ready to take the next step with Randon Costello Scholarship Endowment Fund a Nonprofit Corpora?
Geographic Focus
Where this funder awards grants
In 2024, 82% of grant dollars went to recipients in Louisiana, 10% to Arizona, 7% to Tennessee, and 1% to Alabama.
Grant Distribution by State
Share of 2024 grant dollars across all 29 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $24K (2020) to $72K (2024). In 2024 it made 29 grants totaling $72K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Absolutely Embroidery and More ($14K across 2 grants). Together the top 10 received $63K.
Grant Size Distribution
95 grants across all recorded years
The most common grant size was under $50K: 95 grants of 95 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Absolutely Embroidery and More Lafayette, LA | Education Supplies | $7,663 |
| Dollardays International Inc Phoenix, AZ | Education Supplies | $6,928 |
| Absolutely Embroidery and More Lafayette, LA | Education Supplies | $6,507 |
| Vermilion Catholic High School Abbeville, LA | Education | $5,000 |
| University of Louisiana at Lafayett Lafayette, LA | Education | $4,500 |
| University of Louisiana at Lafayett Lafayette, LA | Education | $4,000 |
| Southern University Baton Rouge, LA | Education | $3,914 |
| Opelousas Catholic School Opelousas, LA | Education | $3,000 |
| Acadiana Reading Center Breaux Bridge, LA | Education | $2,500 |
| Acadiana Reading Center Breaux Bridge, LA | Education | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $856,313 | $102,090 | $79,195 | $72,003 |
| 2023 | $833,418 | $96,208 | $59,154 | $53,121 |
| 2022 | $796,364 | $130,615 | $55,397 | $48,445 |
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Josette Smalling as president, Tim Costello as secretary, and Ken Smalling as treasurer.
Randon Costello Scholarship Endowment Fund a Nonprofit Corpora is led by Josette Smalling, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Josette Smalling
President
On filings since 2020
No compensation reported
Ken Smalling
Treasurer
On filings since 2020
No compensation reported
Tim Costello
Secretary
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Application contact: Ken Smalling
Mailing address: 206 La Rue France, Lafayette, LA 70508
Phone: (337) 236-9111
Email: ksmalling@lhcla.com
Frequently asked questions about Randon Costello Scholarship Endowment Fund a Nonprofit Corpora
How much does Randon Costello Scholarship Endowment Fund a Nonprofit Corpora give each year?
Randon Costello Scholarship Endowment Fund a Nonprofit Corpora gave $72K across 29 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $53K across 22 grants.
What is Randon Costello Scholarship Endowment Fund a Nonprofit Corpora's typical grant size?
Randon Costello Scholarship Endowment Fund a Nonprofit Corpora's median grant in 2024 was $2,400, and its average grant was $2,483, across 29 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Randon Costello Scholarship Endowment Fund a Nonprofit Corpora that year got $2K on average.
Where does Randon Costello Scholarship Endowment Fund a Nonprofit Corpora give grants?
Randon Costello Scholarship Endowment Fund a Nonprofit Corpora gives mostly in Louisiana: 82% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Arizona (10%) and Tennessee (7%). The most frequent recipient cities were Lafayette, LA (14 grants), Breaux Bridge, LA (3 grants), Opelousas, LA (3 grants) and Nashville, TN (2 grants).
Does Randon Costello Scholarship Endowment Fund a Nonprofit Corpora give general operating support?
Not in 2024: none of the 29 grants with a stated purpose on Randon Costello Scholarship Endowment Fund a Nonprofit Corpora's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (21 grants) and "Education Supplies" (7 grants).
Who are Randon Costello Scholarship Endowment Fund a Nonprofit Corpora's largest grantees?
Randon Costello Scholarship Endowment Fund a Nonprofit Corpora's largest 2024 grantees include Absolutely Embroidery and More ($14,170 across 2 grants), University of Louisiana at Lafayett ($11,000 across 3 grants) and Dollardays International Inc ($6,928), according to its 2024 IRS Form 990-PF. Together they received 45% of its itemized 2024 grant dollars.
How large is Randon Costello Scholarship Endowment Fund a Nonprofit Corpora?
Randon Costello Scholarship Endowment Fund a Nonprofit Corpora reported $856K in total assets on its 2024 IRS Form 990-PF. It paid out $72K in qualifying distributions that year, against a required minimum of $42K (roughly 5% of its investment assets).
What does Randon Costello Scholarship Endowment Fund a Nonprofit Corpora fund?
No mission statement for the foundation is provided. Its 2024 grants include support for education and education supplies. Among its grantees, Fisk University says it prepares graduates from diverse backgrounds for substantive contributions to society through a liberal arts curriculum and research. See mission & focus areas ↑
How do I apply for a grant from Randon Costello Scholarship Endowment Fund a Nonprofit Corpora?
Contact Ken Smalling. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Randon Costello Scholarship Endowment Fund a Nonprofit Corpora's EIN?
Randon Costello Scholarship Endowment Fund a Nonprofit Corpora's EIN (Employer Identification Number) is 84-4587293. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Randon Costello Scholarship Endowment Fund a Nonprofit Corpora by hand.
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