Randon Costello Scholarship Endowment Fund a Nonprofit Corpora

Private foundation · Grantmaker Lafayette, LA EIN: 84-4587293

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.

Randon Costello Scholarship Endowment Fund a Nonprofit Corpora at a glance

In short: Randon Costello Scholarship Endowment Fund a Nonprofit Corpora gave $71K across 29 grants in 2025 (avg $2K), mostly in Louisiana. 40% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$70,681
-1.8% vs 2024
Grants made (2025)
29
+0.0% vs 2024
Average grant
$2,437
-1.8% vs 2024
Median grant
$1,300
Total assets
$935,191
+9.2% vs 2024
New grantees (estimate)
40% first-time grantees (8 of 20, 2025; small sample)
Primary geography
Louisiana (77% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated November 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Randon Costello Scholarship Endowment Fund a Nonprofit Corpora

How to Apply

Contact Ken Smalling. The foundation provides an application form; award restrictions are described in its program guidelines.

Review Cycle
June 30.
Deadline
June 30.
Contact

Application contact: Ken Smalling
Mailing address: 206 La Rue France, Lafayette, LA 70508
Phone: (337) 236-9111
Email: ksmalling@lhcla.com

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Randon Costello Scholarship Endowment Fund a Nonprofit Corpora funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Absolutely Embroidery and More: $14KAbsolutely Embroidery and More$14KUniversity of Louisiana at Lafayett: $11K across 6 grantsUniversity of Louisiana atLafayett$11K · 6 grantsDollardays International Inc: $7KDollardays International Inc$7KVermilion Catholic High School: $6K across 2 grantsVermilion Catholic High School$6K · 2 grantsAidvantage: $5KAidvantage$5KLouisiana Folk Roots: $5KLouisiana Folk Roots$5KSylvan Learning: $4K across 2 grantsSylvan Learning$4K · 2 grantsLouisiana State University Alexandr: $4K across 2 grantsLouisiana State UniversityAlexandr$4K · 2 grantsAcadiana Reading Center: $3KAcadiana Reading Center$3KFisk University: $3KFisk University$3K

The largest 2025 recipient was Absolutely Embroidery and More ($14K). Together the top 10 received $61K.

Organizations only. It also paid 1 grant to individuals ($720), which are not listed by name.

Grant Size Distribution

117 grants across all recorded years

117<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 117 grants of 117 (100%).

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

5states

Share of 2025 grant dollars across all 29 itemized grants.

Cities

LafayetteOpelousasBreaux BridgeBaton RougeNashvilleAlexandriaAbbevilleEuniceGonzalesLake CharlesNew OrleansPhoenixBirminghamFort WorthGreenvilleShreveport

Is Randon Costello Scholarship Endowment Fund a Nonprofit Corpora open to new grantees?

40%

first-time grantees, 2025

In 2025, 8 of 20 grantees (40%) 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 $1K; repeat grants $5K. How we count

Medians: $1K first-time, $4K repeat.

  • 55% of 2025 grantees were also funded in 2024. Method
  • Giving grew 46% from 2022 to 2025. Method
  • In 2025 it paid out 155% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K7 grants2020 15 grants2021 22 grants2022 22 grants2023 29 grants2024 29 grants2025

From 2020 to 2025, annual grant giving ranged from $24K (2020) to $72K (2024). In 2025 it made 29 grants totaling $71K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Absolutely Embroidery and More Lafayette, LAEducation Supplies$14,470
Dollardays International Inc Phoenix, AZEducation Supplies$6,801
Aidvantage Greenville, TXEducation$5,000
Vermilion Catholic High School Abbeville, LAEducation$5,000
Louisiana Folk Roots Lafayette, LAEducation$5,000
University of Louisiana at Lafayett Lafayette, LAEducation$4,000
Acadiana Reading Center Breaux Bridge, LAEducation$2,500
University of Louisiana at Lafayett Lafayette, LAEducation$2,500
Fisk University Nashville, TNEducation$2,500
Louisiana State University Alexandr Alexandria, LAEducation$2,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$935,191$158,188$79,310$70,68129$70,681$59,559$45,543
2024$856,313$102,090$79,195$72,00329$72,003$24,898$42,052
2023$833,418$96,208$59,154$53,12122$53,121$13,196$37,375
2022$796,364$130,615$55,397$48,44522$48,445$23,663$35,435
2021$721,146$197,918$48,892$43,51715$43,517$58,543$32,172
2020$572,120$598,857$26,737$24,2767—$13,396$20,024

Under IRS private-foundation payout rules, Randon Costello Scholarship Endowment Fund a Nonprofit Corpora reported a distributable amount of $46K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

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. Its 2025 filing, the latest on this page, reports 29 grants totaling $70,681.

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).

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 2025 report compensation.

Officers on the 2025 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, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

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 $71K across 29 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $72K across 29 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 2025 was $1,300, and its average grant was $2,437, across 29 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Randon Costello Scholarship Endowment Fund a Nonprofit Corpora that year got $1K 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: 77% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Arizona (10%) and Texas (10%). The most frequent recipient cities were Lafayette, LA (12 grants), Alexandria, LA (3 grants), Abbeville, LA (2 grants) and Baton Rouge, LA (2 grants).

Does Randon Costello Scholarship Endowment Fund a Nonprofit Corpora give general operating support?

Not in 2025: none of the 29 grants with a stated purpose on Randon Costello Scholarship Endowment Fund a Nonprofit Corpora's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (26 grants).

Who are Randon Costello Scholarship Endowment Fund a Nonprofit Corpora's largest grantees?

Randon Costello Scholarship Endowment Fund a Nonprofit Corpora's largest 2025 grantees include Absolutely Embroidery and More ($14,470), University of Louisiana at Lafayett ($10,850 across 6 grants) and Dollardays International Inc ($6,801), according to its 2025 IRS Form 990-PF. It also paid 1 grant to individuals ($720), which are not listed by name. Together they received 45% of its itemized 2025 grant dollars.

How large is Randon Costello Scholarship Endowment Fund a Nonprofit Corpora?

Randon Costello Scholarship Endowment Fund a Nonprofit Corpora reported $935K in total assets on its 2025 IRS Form 990-PF. It paid out $71K in qualifying distributions that year, against a required minimum of $46K (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 2020–2025.

Data last updated November 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS September 1, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Randon Costello Scholarship Endowment Fund a Nonprofit Corpora funder profile. GrantGraph. Retrieved November 13, 2026, from https://grantable.co/funders/randon-costello-scholarship-endowment-fund-a-nonprofit-corpora-morg_fbad3a028ac64b3caceaa0ba0df47637

BibTeX
@misc{grantable_844587293_2026,
  author       = {{Grantable}},
  title        = {{Randon Costello Scholarship Endowment Fund a Nonprofit Corpora funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/randon-costello-scholarship-endowment-fund-a-nonprofit-corpora-morg_fbad3a028ac64b3caceaa0ba0df47637},
  note         = {Accessed 2026-11-13. Data licensed CC BY 4.0}
}

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Figures come from Randon Costello Scholarship Endowment Fund a Nonprofit Corpora's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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