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What the New Charities Law Means For You

On Aug. 17, 2006, President Bush signed into law a bill that will impact grantmakers and donors. The new charitable provisions, part of the Pension Protection Act of 2006 (H.R. 4), include the first comprehensive regulation of donor-advised funds, as well as reforms or incentives that will affect private foundations, supporting organizations and individual donors.

The provisions are many and complex, but here's a brief overview of what the new law could mean for you.

 

This information was made possible by the Forum of Regional Associations of Grantmakers and its members, with valuable technical assistance provided by Andras Kosaras, Council on Foundations.



 
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4 pages, 54K

Resources
Pension Protection Act of 2006

COF's PPA resource page

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