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FormExtended to November 15, 2022990OMB No. 15450047Return of Organization Exempt From Income Thunder section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations) |
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Gather all required documents such as identification, proof of income, and bank statements.
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Download the IOLA Foundation application form from the official website or request a physical copy.
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Fill out the application form completely and accurately, making sure to provide all necessary information.
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Who needs iola foundation?

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Individuals who are in need of financial assistance and support for legal services.
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Low-income individuals who cannot afford legal representation or services.
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Nonprofit organizations that provide legal aid and assistance to marginalized communities.
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The IOLA Foundation is a non-profit organization that provides funding for civil legal services to low-income individuals in New York State.
Law firms that hold client funds in interest-bearing trust accounts are required to file IOLA Foundation reports.
Law firms can fill out IOLA Foundation reports online through the IOLA Foundation website or by submitting a paper form by mail.
The purpose of the IOLA Foundation is to generate interest on lawyer trust accounts to fund legal services for low-income individuals who cannot afford an attorney.
Law firms must report information on the total amount of client funds held in interest-bearing trust accounts, as well as the interest generated and transferred to the IOLA Foundation.
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