Focus on Foundations: Pension Protection Act of 2006

Title:
Focus on Foundations: Pension Protection Act of 2006
Publication:
From the September 2006 Riker Danzig <I>Tax and Trusts & Estates UPDATE</i>.
Practice:

The Pension Protection Act of 2006 (also referred to as H.R.4) includes significant changes that affect charities, generally. The Act also makes certain changes specifically applicable to foundations:

These changes will have an immediate effect on many private foundations, and we encourage you to examine the activities of your foundation to confirm that you are in compliance with these new rules.