Friends of Chattanooga Prep Inc
The organization is devoted to supporting single sex educational policies, practices and structures that lead to increased academic success among boys and young men. Specifically, the organization willact as the sponsor of a public charter school (prep public schools) created pursuant to the tennesseepublic charter school act of 2002.
Friends of Chattanooga Prep Inc at a glance
In short: Friends of Chattanooga Prep Inc gave $86K across 1 grant in 2025 (avg $86K), mostly in Tennessee. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $86,302
- -71.0% vs 2024
- Grants made (2025)
- 1
- -50.0% vs 2024
- Average grant
- $86,302
- -42.1% vs 2024
- Median grant
- $86,302
- Total assets
- $19,454,839
- -1.3% vs 2024
- Primary geography
- Tennessee (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Friends of Chattanooga Prep Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Prep Public Schools ($86K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 1 grant of 3 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $66K (2019) to $298K (2024). In 2025 it made 1 grant totaling $86K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Prep Public Schools Chattanooga, TN | Prep School | $86,302 |
Ready to take the next step with Friends of Chattanooga Prep Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $19,454,839 | $1,265,411 | $1,484,204 | $86,302 | 1 | — |
| 2024 | $19,704,343 | $943,120 | $1,208,783 | $297,904 | 2 | $2 |
| 2023 | $17,507,883 | $4,899,967 | $744,673 | — | — | — |
| 2022 | $13,976,091 | $1,097,526 | $552,357 | — | — | — |
| 2021 | $12,258,434 | $1,171,692 | $367,879 | — | — | $-466,961 |
| 2020 | $8,246,575 | $121,270 | $274,551 | — | — | — |
| 2019 | $8,405,726 | $141,569 | $282,816 | $66,021 | 1 | — |
About Friends of Chattanooga Prep Inc
Based on IRS filings
Friends of Chattanooga Prep Inc is a public charity focused on Education, based in Chattanooga, TN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $19.5M in total assets. In 2025, it awarded 1 grant totaling $86K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Friends of Chattanooga Prep Inc is led by Ted Alling, Chair & President since 2025 (on filings since 2019); none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ted Alling
Chair & President
Chair → Chair & President, 2025
On filings since 2019
5 hrs/week
No compensation reported
Jack Studor
Director
On filings since 2019
1 hr/week
No compensation reported
Sue Anne Wells
Director
On filings since 2019
1 hr/week
No compensation reported
Kelly Alling
Director
On filings since 2021
1 hr/week
No compensation reported
David Caines
Secretary
Director → Secretary, 2025
On filings since 2021
1 hr/week
No compensation reported
Former officers (3)
- Former: Dana Perry (2019–2020) — Director
- Former: John Henry (2019–2020) — Director
- Former: Elaine Swafford (2019) — Executive Director
Data from IRS Form 990 filings, 2019–2025. "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 Friends of Chattanooga Prep Inc
How much does Friends of Chattanooga Prep Inc give each year?
Friends of Chattanooga Prep Inc gave $86K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $298K across 2 grants.
How large is Friends of Chattanooga Prep Inc?
Friends of Chattanooga Prep Inc reported $19.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.3M.
What is Friends of Chattanooga Prep Inc?
Friends of Chattanooga Prep Inc is a public charity focused on Education, based in Chattanooga, TN. It holds $19.5M in total assets as of 2025.
Where does Friends of Chattanooga Prep Inc operate?
Friends of Chattanooga Prep Inc has awarded grants in Tennessee.
What is Friends of Chattanooga Prep Inc's EIN?
Friends of Chattanooga Prep Inc's EIN (Employer Identification Number) is 81-3512599. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS May 4, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS April 27, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Friends of Chattanooga Prep Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Tennessee
Footprint Foundation Inc
Chattanooga, TN
Footprint Foundation supports creative culture, the environment, learning, and social justice, especially efforts that build community, leadership, equity, and access in Chattanooga and Northern California. In 2024, its grants ranged from $250 to $125,000, with a median of $10,000; it does not accept unsolicited requests and says it is pausing new grants while it develops a new strategy.
Assets
$23.1M
Grants
51
Total Given
$1.1M
Robert F Stone Foundation AKA Bobby Stone
Wilmington, DE
The Robert F Stone Foundation supports Tennessee nonprofits in areas including arts, housing, health, food assistance, and services for children and families. Its 2024 grants ranged from $500 to $750,000, with a median of $5,000. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$19.5M
Grants
120
Total Given
$3.8M
Pathfinder Foundation Inc
Wilmington, DE
Pathfinder Foundation supports conservation, education and scholarships, and community organizations, with most 2023 grant dollars going to South Carolina and Tennessee and smaller amounts to New York, Virginia, and Washington, DC. Its 2023 grants ranged from $5,000 to $200,000, with a median of $15,000. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$30.2M
Grants
45
Total Given
$1.3M
Tennessee State Collaborative on Reforming Education
Nashville, TN
SCORE funds Tennessee education organizations and initiatives focused on student success from K–12 through postsecondary education and careers, including teaching, school models, and career pathways. Its 2024 grants ranged from $20,000 to $789,753, with a median grant of $150,000; whether it accepts unsolicited requests is not stated.
Assets
$27.0M
Grants
31
Total Given
$7.1M
Charter Fund Inc D/B/a Charter School Growth Fund
Denver, CO
Charter School Growth Fund supports high-performing nonprofit public charter schools and networks, especially those serving underserved students, with funding for growth and capacity-building across the United States and its territories. Its 2024 grants had a median of $250,000; Seed grants are typically $250,000–$750,000, while Scale funding starts at $750,000 and may include low-interest loans. The profile describes Seed and Scale application processes but does not state whether unsolicited requests are accepted.
Assets
$720.3M
Grants
304
Total Given
$143.5M
Chattanooga Christian Community Foundation
Chattanooga, TN
The foundation supports 501(c)(3) charities and Christian ministries, with grants for community needs, education, children and families, and other charitable work; its 2024 median grant was $18,250, though awards varied widely. Giving is concentrated in Tennessee, especially the Chattanooga area, with grants also reaching other states; it does not describe a general open application process—one giving circle uses member nominations, and Unidos en Compasión accepts applications by invitation.
Assets
$136.1M
Grants
567
Total Given
$36.4M
More similar funders
More Funders in Tennessee
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Friends of Chattanooga Prep Inc'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.
Friends of Chattanooga Prep Inc down — hundreds of funders to go?