The IBF is primarily a grant-making organization, awarding funds to other not-for-profit organizations, government agencies and the Indiana State Bar Association for programs and projects that advance the Foundation’s mission. The IBF also oversees the collection of IOLTA (Interest on Lawyers Trust Accounts) funds and disperses it to the 14 pro bono districts through the Indiana Pro Bono Commission. The Foundation works with banks across the state advocating competitive interest rates on IOLTA accounts so that dollars received from those accounts make the biggest impact possible in furthering access to justice for all Hoosiers.
The IBF hosts the annual Fellows of the Indiana Bar Foundation Dinner each spring where new members are inducted and receive plaques signifying their membership. It also honors individuals’ outstanding achievements. It hosts a luncheon to present the 50-Year Award to a Fellow that has practiced law for 50 years or more and shown great commitment to their community, family and the legal profession. In addition, the IBF acknowledges the efforts of attorneys providing outstanding law-related education and pro bono services at the Randall T. Shepard Award Dinner that it co-hosts with the Indiana Pro Bono Commission. The Foundation also holds the annual IBF Open Golf Tournament to raise funds to increase its grant making ability.
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