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In The Spotlight

Supporting the community has been a core tenet of Chaney Enterprises since Eugene “Babe” Chaney formed the company in 1962. Frank Chaney, along with his brother Dicky, formed the Eugene Chaney Foundation, Ltd. in 1987 in honor of their father to give grants in the areas where the company does business and where the Chaney families and company employees live. After managing the corporate foundation for over 30 years, Chaney Enterprises decided to spend less time on the day-to-day management and administrative activities of a foundation. The Foundation’s Board of Directors determined that partnering with CFAAC through a Corporate Advised Fund would be a more efficient and effective approach to managing their philanthropy and would help them to better meet their corporate giving goals.

For Grantseekers: Foundations 101 and Maryland's Philanthropic Landscape