Text Box: WHO WE ARE
The Connecticut Bar Foundation (CBF), established in 1952, is a non-profit organization which develops and administers programs to enhance understanding and improvement of the law and legal institutions, provides grants for legal research, and sponsors educational symposia.  The Foundation also administers the Interest on Lawyers' Trust Accounts (IOLTA), the Judicial Branch-Grants-in-Aid, and the Court Fees Grants-in-Aid programs for the benefit of legal services agencies in Connecticut.  We would like to express our thanks to all of the organizations and individuals whose generous support and contributions make the programs of the Foundation possible.

IOLTA/IOTA
IOLTA/IOTA grants for legal services suffered another 50% drop for 2010.  Grants for 2008 were in excess of $16,000,000; 2009 grants were cut to $8,080,589; 2010 IOLTA grants are just $4,118,000.  Since becoming mandatory, IOLTA/IOTA has awarded over $164 million in grants and scholarships, funding the largest portion of legal services for the poor in Connecticut. CBF is statutorily required to publish a detailed annual report of all funds disbursed under the program.  The 2008 annual report is now available on line or by calling our office. The 2009 report will be available in June.  Precipitous reductions in the Federal Funds Rate have affected the yields that banks pay on IOLTA account balances. These reductions, combined with the drop in real estate transactions and housing prices, have significantly decreased the principal balances in IOLTA/IOTA accounts. We are grateful to the Leadership Banks paying a higher rate than is required on IOLTA/IOTA balances.   

THE JAMES W. COOPER FELLOWS
The Fellows Program was established in 1994 to promote a better understanding of the legal profession and the judicial system and to address matters concerning the legal profession and administration of justice in Connecticut.  The Fellows program undertakes many projects throughout the year to accomplish its mission.

Connecticut Bar Foundation

Text Box:  We would like to extend special thanks to the 
Connecticut Bar Association 
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31 Pratt Street, Suite 420, Hartford, CT 06103

Phone:  860-722-2494

Fax:  860-722-2497

Email:  ctbf@cbf-1.org

To contact us:

Last Updated May 2010

Text Box: 2009/2010 Essay Contest Winners Announced
  
Click here to view the winners and their winning essays.

2010 IOLTA/IOTA Leadership Banks

 

For a link to the Leadership Banks and details about

the Leadership Bank Program click here