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IOLTA Grant Recipients
The Alaska Bar Foundation, Inc. and the Alaska Bar Association have worked successfully with members of the bar and with the banking community to establish the Interest on Lawyers' Trust Accounts (IOLTA) program. Lawyers' trust funds which are small in amount or are held for a short period of time are now aggregated in interest-bearing accounts in participating financial institutions throughout the State of Alaska. The interest on these accounts is sent to the Alaska Bar Foundation to be used for charitable purposes under guidelines set forth by the Alaska Supreme Court and the Internal Revenue Service.
The Alaska Bar Foundation IOLTA program funds have been designated to be used solely for the following purposes: Support of legal services to the economically disadvantaged and programs to improve the administration of justice.
2011
Alaska Legal Services Corp $16,500
Alaska Pro Bono Program, Inc 8,100
Alaska Immigration Justice Program 5,400
Total $30,000
2010
Alaska Legal Services Corp $16,500
Alaska Pro Bono Program, Inc 8,100
Alaska Immigration Justice Program 5,400
Total $30,000
2009
Alaska Legal Services Corp $29,150
Alaska Pro Bono Program, Inc 14,310
Alaska Immigration Justice Program 9,540
Alaska Innocence Project 5,000
United Youth Courts of Alaska 2,000
Total $60,000
2008
Alaska Legal Services Corp $ 77,000
Alaska Pro Bono Program, Inc 37,800
Alaska Immigration Justice Program 25,200
Alaska Innocence Project 10,000
Alaska Native Justice Center 6,000
United Youth Courts of Alaska 4,000
Total $160,000
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