FFLA to Distribute $33.8 Million in IOTA Funds to 35 Legal Aid Organizations
December 11, 2023
December 11, 2023
MAITLAND, Florida, Dec. 11 -- Funding Florida Legal Aid (formerly the Florida Bar Foundation) issued the following news release:
On Dec. 8, 2023, the board of directors of FFLA approved the distribution of $33,870,910 of Interest on Trust Accounts (IOTA) funds to 35 Florida legal aid organizations. FFLA is the designated administrator of Florida's Interest on Trust Accounts program. Under Bar Rule 5.1-1(g), FFLA distributes no less than 85% of IOTA funds collected in its fiscal year . . .
On Dec. 8, 2023, the board of directors of FFLA approved the distribution of $33,870,910 of Interest on Trust Accounts (IOTA) funds to 35 Florida legal aid organizations. FFLA is the designated administrator of Florida's Interest on Trust Accounts program. Under Bar Rule 5.1-1(g), FFLA distributes no less than 85% of IOTA funds collected in its fiscal year . . .