Purposes of Missouri Lawyer Trust Account Foundation

Pursuant to a Missouri Supreme Court Order dated October 23, 1984, the Court ordered the creation of a not-for-profit corporation known as “The Missouri Lawyer Trust Account Foundation.”

The Foundation was organized exclusively for charitable, education or scientific purposes and qualifies as exempt from Federal Income Tax under Section 501(c)(3) of the Internal Revenue Code. 

The Foundation collects revenues from the interest accrual on lawyer IOLTA trust acconts and its purposes are limited to:

(a) providing civil legal assistance to the poor;
(b) improving the administration of Justice
(c) promoting such other programs for the benefit of the public as are specifically approved from time to time by the Missouri Supreme Court for exclusively public purposes.

The purposes are primarily fulfilled by the awarding of grants to qualified applicants.  More information about Foundation grant guidelines and past recipients can be found at the "Grants" section of this website.