The Tennessee Bar Foundation announces awards that total $2,000,000 from the IOLTA (Interest On Lawyers’ Trust Accounts) program to law-related organizations across the state. This grant amount for 2024 is the largest in the 36-year history of IOLTA in Tennessee and is a result of higher interest rates paid by financial institutions on the funds in lawyer trust checking accounts.
Total IOLTA awards since inception are in excess of $27,000,000. Grants were awarded to 35 different projects, including seven that are new to the IOLTA program this year. The recipients are headquartered in major cities and smaller towns, with collective outreach to all 95 Tennessee counties. The projects provide an array of services, including individual legal representation in a variety of settings, dispute mediation, assistance for survivors of domestic violence, immigration counseling and housing advocacy.
List of grant award recipients HERE