Pension Protection Act of 2006 (HR-4)
To comply with the Pension Protection Act of 2006 (HR-4), the Board of Directors at POISE Foundation has adopted a Uniform Procedure for Awarding Scholarships. The Pension Protection Act of 2006 (HR-4) prohibits donor-advised funds from making grants to individuals, including grants to educational institutions for the benefit of selected scholarship recipients. In addition, IRS rulings suggest serious issues regarding roles of donors/fund advisors in the selection process. For more information about the Pension Protection Act of 2006 and the POISE Foundation Uniform Procedure for Awarding Scholarships, please click on the links below.
Donor-Advised Fund Request Form
If you are a Donor/Advisor of a Donor-Advised Fund at POISE Foundation and you want to recommend a grant, please complete the Donor-Advised Grant Request Form.