Revenue from Florida's Interest on Trust Accounts (IOTA) program is the chief source of support for the Foundation’s grant programs. Other support comes from donations from lawyers, including contributions to the Children's Legal Services Campaign on the annual Florida Bar Fee Statement, and other individuals, law firms, foundations and corporations, and, from time to time, cy pres awards.
Foundation grant funds are calculated from IOTA revenue, grants and donations, and investment income received in the previous 12 months, less operating expenses for the same period. The Foundation board allocates grant funds annually to the three Florida Supreme Court approved uses of IOTA funds:
Grant programs have separate Foundation committees that recommend eligibility criteria, funding policies and individual funding decisions for action by the full Foundation board.
|Free Civil Legal Assistance for the Poor (LAP) and Law Student Assistance (LSA)||$15,120,798|
|Improvements in the Administration of Justice (AOJ)||$502,516|
For the complete 2012 LAP/LSA Annual Report and other Foundation reports and publications, visit our Resources page.