On July 22, 2022, the North Carolina State Bar Council made several appointments, including appointing Heather Culp to a second three-year term on the Interest on Lawyer Trust Accounts (“IOLTA”) Board of Trustees (2022-2025). The Council also appointed trustee Shelby Benton of Goldsboro to chair the Board during the ’22-’23 fiscal year, and Heather to serve as vice chair.
The North Carolina State Bar and the North Carolina Supreme Court established [NC%20IOLTA]NC IOLTA generate income from lawyers’ trust accounts in order to fund programs for the public’s benefit. In 2022, NC IOLTA will distribute over $4.2 million in grants to the regular IOLTA grant cycle.
NC IOLTA Program awards grants for the following charitable purposes:
- Providing civil legal services to indigents;
- Improving attorney grievance and disciplinary procedures;
- Providing student loans for legal education on the basis of need; and
- Supporting programs designed to improve the administrative of justice.
NC IOLTA grants are made only to non-profit, charitable organizations that are tax-exempt under Internal Revenue Code section 501(c)(3) or to organizations that otherwise demonstrate a charitable purpose advancing these goals.