Review of Reviews: “Defending Place-Based Philanthropy by Defining the Community Foundation,” Brigham Young University Law Review (forthcoming)Review of Reviews: “Defending Place-Based Philanthropy by Defining the Community Foundation,” Brigham Young University Law Review (forthcoming)

Professor Roger Colinvaux is a frequent writer on charitable topics, particularly private foundations and community foundations (CFs). His article has three parts. First, he provides a thorough, excellent discussion of the history of CF regulation, from its 1914 beginning in Cleveland, through the Tax Reform Act of 1969 and the 1976 CF regulations, until 2014 when the charitable gift funds maintained by Fidelity, Schwab and Vanguard (in the author’s phrase, “national sponsoring organizations” (NSOs)) exceeded in asset value the donor-advised funds (DAFs) of the largest 274 traditional CFs. Any lawyer, trust officer, accountant or member of a family office who works with CFs will benefit from reading the review with some care.

CF law can b...