Tax-Exempt Organizations | Trusts and Estates
Ed Chaney focuses his practice on advising a broad range of nonprofit organizations on key tax and corporate matters, including organization formation and governance, 501(c)(3) tax exemption and ongoing compliance, charitable giving, program-related and impact investing, and complex organizational structures, transactions, and transitions.
Mr. Chaney has extensive experience in advising philanthropic organizations on operational and tax compliance matters, including donor advised fund operations, private foundation grant making, and program-related investments. He also advises on the tax requirements for supporting organizations, the structuring of substantial charitable gifts, and the governance of endowment funds. He has counseled philanthropic clients of many sizes and forms, including community foundations, small and large private foundations, national donor advised fund sponsors, and university-related foundations.
Mr. Chaney also regularly advises a wide variety of operating nonprofits on their governance, tax compliance, and transactional needs. Clients have included community economic development and affordable housing organizations, colleges and universities, charter school management organizations, public education and advocacy organizations, performing arts organizations, industry associations, and many more. A sampling of special matters he has managed include:
Mr. Chaney speaks, writes, and teaches frequently on the law of nonprofit and tax-exempt organizations. Among other engagements, he has presented at Georgetown University Law Center CLE’s Representing and Managing Tax-Exempt Organizations and at the University of Texas School of Law CLE’s Nonprofit Organizations Institute. He recently served as an Adjunct Assistant Professor at the UNC School of Law, where he taught the Law of Nonprofit Organizations.
Prior to attending law school, Mr. Chaney worked for ten years in the nonprofit sector, serving as a program director, executive director, board member, and board chair with a number of tax-exempt organizations.
Mr. Chaney lives with his wife, Mandy Hitchcock, and their children in Carrboro, and enjoys photography in his spare time.
University of North Carolina, B.A., 1994
University of North Carolina, J.D., with honors, 2007
Adjunct Assistant Professor of Law, University of North Carolina School of Law (Law of Nonprofit Organizations), 2015
North Carolina Bar Association, Business Law Section, Council member
American Bar Association, Business Law Section, Non-Profit Organizations Committee
American Bar Association, Taxation Section, Exempt Organizations Committee
Presenter: The Risks and Rewards of Social Media, Annual Nonprofit Organization's Institute, University of Texas School of Law CLE, January 19, 2018
Presenter: Trends and Developments for Exempt Organizations, 16th Annual North Carolina/South Carolina/Georgia Tax Section Workshops, May 27, 2017
Program Planner and Presenter: So You've Joined the Board - Now What? Nonprofit Governance for Lawyers CLE, North Carolina Bar Association Foundation, February 10, 2017
Presenter: The Public Charity Life Cycle - A Compliance Overview, Annual Nonprofit Organization's Institute, University of Texas School of Law CLE, January 12, 2017
Presenter: The Nonprofit Life Cycle, 2016 NCACPA Not-for-Profit Accounting Conference, May 24, 2016
Co-Presenter: Difficult Public Support Test Issues, ABA Section of Taxation, Exempt Organizations Committee Meeting, January 29, 2016
Presenter: Private Foundation Relationships with Businesses and Family Offices,33rd Annual Nonprofit Organizations Institute, University of Texas School of Law CLE, January 14, 2016
Author: Commerciality, Charter School of Management Organizations, and Social Enterprise, Taxation of Exempts, Volume 27/Issue 5 Copyright © 2016 Thomson/RIA
Co-Author: Getting Public Charity Status Right Before It Goes Wrong, Taxation of Exempts, Volume 27/Issue 2 Copyright © 2015 Thomson/RIA
Co-Presenter: Complex Public Support Issues, 32nd Annual Representing and Managing TaxExempt Organizations, Georgetown University Law Center Continuing Legal Education, April 24, 2015
Presenter: Considerations for Attorneys Sitting on Nonprofit Boards of Directors, 2015 Business Law and International Law and Practice Sections Joint Annual Meeting, North Carolina Bar Association, February 20, 2015
Co-Presenter: Executive Compensation, Related Party Transactions and Intermediate Sanctions, 32nd Annual Nonprofit Organizations Institute, University of Texas School of Law CLE, January 16, 2015
Presenter: UBIT 101, 2015 Nonprofit Organizations Primer, University of Texas School of Law CLE, January 14, 2015
Co-Presenter: The IRS, CMO's and 501(c)(3) Status - What Is Going On? Alliance of Public Charter School Attorneys Spring 2014 Legal Seminar, April 25, 2014
Keynote Speech: Social Enterprise: Trends, Challenges & Resources, North Carolina Community Development Initiative Innovation Fund Meeting, January 29, 2013
Co-Presenter: Practical Problems and Practical Solutions for Donor Advised Funds, American Bar Association, Tax Section Exempt Organizations Committee Meeting, February 17, 2012