 | The Colorado Lawyer
October 1998
Vol. 27, No. 10 [Page 57] |
|
© 1998 The Colorado Lawyer and Colorado Bar Association. All Rights Reserved.
All material from The Colorado Lawyer provided via this World Wide Web server is copyrighted by the Colorado Bar Association. Before accessing any specific article, click here for disclaimer information.
|
Features
COLTAF 1997-98 Annual Report
Two of the many Coloradans helped by COLTAF this year.
The past year was one of notable progress and accomplishments for the Colorado Lawyer Trust Account Foundation (COLTAF). We are pleased to update you with our 1997-98 Annual Report.
Revenue. Increasing revenue and the sources for revenue are on-going goals of COLTAF. In the past year, additional funds were raised in several areas:
* Currently, over 100 financial institutions in Colorado waive fees on COLTAF accounts, allowing more funds to be used to help meet the civil legal needs of our poorest community members. In 1997-98, nine institutions, including FirstBanks of Colorado, joined their colleagues in supporting the work of COLTAF by waiving fees totaling approximately $37,000. An "Honor Roll" of all institutions currently waiving fees is printed on page 58. We will continue to talk with institutions that are not waiving fees in the hope they will join our efforts in the future.
* The Colorado Bar Association (CBA) has offered a credit card program through MBNA for over a decade. In 1997-98, the CBA generously decided to allocate proceeds from the card totaling over $30,000 to be split between COLTAF and the Legal Aid Foundation.
* Interest income on lawyer COLTAF accounts surpassed budget projections for the second year in a row, an indication of the health of the economy.
Grant-making/Disbursements. With increased income, COLTAF enhanced its grant-making efforts and made an even greater impact.
* Legal services programs: We increased disbursements to the three primary legal services programs -- Colorado Rural Legal Services, the Legal Aid Society of Metropolitan Denver and Pikes Peak/Arkansas River Legal Aid.
* Discretionary programs: We targeted several new programs with the goal of meeting unmet needs in geographical areas not currently receiving COLTAF discretionary funding. See our list of grants on page 60.
* Pro Bono programs: We reached out to every bar association in the state. The result was new funding for four grantees: Boulder County Legal Services, Heart of the Rockies Bar Association, Northwest Colorado Legal Services Project - Gunnison and Pueblo County Bar Association.
* Other funding: For three years, COLTAF has funded a grant to Catholic Charities for legislative and administrative advocacy on welfare reform and health care issues. This year, the project underwent a transition and now carries on this critical work as an independent entity incorporated as the Colorado Center on Law & Policy. We are grateful to Catholic Charities for their outstanding stewardship and support.
Working in partnership. COLTAF is the product of over 16 years of working partnerships with and among members of the organized bar, program staff, financial institutions, other nonprofits and Colorado citizens.
* This year, the proposed rule change to the Rule of Professional Conduct provided COLTAF the opportunity to bring together representatives of Colorado's financial institutions and the Office of Disciplinary Counsel. We are currently working together regarding the form the rule will take.
* Challenges ahead. In June, the U.S. Supreme Court ruled that the interest earned on lawyers' trust accounts was a property interest for the purposes of analysis under the taking clause of the Fifth Amendment. The Court was interpreting Texas law, and did not rule whether the funds have been taken by the state, or whether just compensation is due. While disappointing, the ruling does not affect COLTAF's operations in any way. Until the unresolved issues raised by the Phillips decision have been decided, or the Colorado courts are asked to decide issues raised by the Phillips decision, COLTAF will continue to operate business as usual. However, although the ruling does not impact COLTAF, it does highlight the need to find other sources of support for legal services in Colorado.
As we look forward, it is clear that working together will be increasingly important, as well as looking for new and innovative ideas. Thank you to each of you for your past support of COLTAF. We look forward to our continued partnership.
COLTAF Honor Roll: Outstanding Financial Institutions
The Colorado Lawyer Trust Account Foundation (COLTAF) is pleased to recognize financial institutions in Colorado that do not charge fees on COLTAF accounts. The banks listed below waive all service and activity charges on COLTAF accounts. COLTAF gratefully acknowledges their generosity which allows more funds to be used to help meet the civil legal needs of the poor in Colorado. If you have questions or comments, please contact the COLTAF office at 303-863-7221.
|
Akron
Equitable Savings & Loan
First National Bank of Akron
First Security Bank Ft. Lupton
Alamosa
Alamosa National Bank
First Western National Bank
Rio Grande Savings & Loan
San Luis Valley Federal
Savings & Loan Association
Arvada
First Federal Savings Bank
FirstBanks of Colorado
Key Bank of Colorado
Norwest Bank
Aspen
Alpine Bank
Norwest Bank
Ault
Farmers Bank
Aurora
Aurora National Bank
Aurora National Bank South
Commerce Bank of Aurora
Community First National Bank
First Federal Savings Bank
First United Bank
FirstBanks of Colorado
Key Bank of Colorado
Norwest Bank
Avon
Alpine Bank
FirstBanks of Colorado
Norwest
Basalt
Alpine Bank
Beaver Creek
FirstBanks of Colorado
Berthoud
Berthoud National Bank
Blackhawk
Norwest Bank
Boulder
Bank of Boulder
Community First National Bank
FirstBanks of Colorado
Lafayette State Bank
Norwest Bank
Tri-State Bank
Breckenridge
FirstBanks of Colorado
Brighton
First Federal Savings Bank
Norwest Bank
Valley Bank
Broomfield
Eagle Bank
FirstBanks of Colorado
Norwest Bank
Brush
Equitable Savings & Loan
First Security Bank of Brush
Buena Vista
Collegiate Peaks Bank
Burlington
Colorado Community First
National Bank
Equitable Savings & Loan
Calhan
Farmers State Bank of Calhan
Canon City
Canon National Bank
First National Bank
Fremont National Bank
Carbondale
Alpine Bank Carbondale
Colorado Federal Savings Bank
Norwest Bank
Castle Rock
Castle Rock Bank
First National Bank
FirstBanks of Colorado
Norwest Bank
Clifton
Alpine Bank
Norwest Bank
Colorado Springs
Air Academy National Bank
The Citadel Bank
Colorado Federal Savings Bank
ENT Federal Credit Union
FirstBanks of Colorado
Key Bank of Colorado
Norwest Bank
Peoples Bank
UMB Bank Colorado
Western National Bank
Commerce City
First Federal Savings Bank
Key Bank of Colorado
Norwest Bank
Valley Bank
Conifer
Colorado Community First
National Bank
Peak National Bank
Cortez
Centennial Savings Bank
First National Bank
Valley National Bank
Craig
Colorado Community First
National Bank
Crested Butte
Community Banks of Colorado
Del Norte
Rio Grande County Bank
Delta
First Federal Savings Bank
Norwest Bank
Denver
Aurora National Bank DTC
The Bank of Cherry Creek
Citywide Banks of Denver
First Federal Savings Bank
FirstBanks of Colorado
Key Bank of Colorado
Liberty Savings Bank
Norwest Bank
Premier Bank
Trust Bank
UMB Bank Colorado
Union Bank & Trust
Valley Bank
Vectra Bank/Mississippi
Vectra Bank Southwest
Wells Fargo Bank
Durango
Bank of Durango
The Burns National Bank
Centennial Savings Bank
Norwest Bank
Eagle
Alpine Bank
Mountain Bank
Eaton
The Eaton Bank
Edgewater
FirstBanks of Colorado
El Jebel
Alpine Bank
Englewood
Arapahoe Bank & Trust
Community First National Bank - Park Meadows
First Federal Savings Bank
FirstBanks of Colorado
Key Bank of Colorado
Norwest Bank
Vectra Bank
Wells Fargo Bank
Erie
FirstBanks of Colorado
Estes Park
First National Bank
Park National Bank
United Valley Bank
Evans
Weld County Bank
Evergreen
Community First National Bank
Evergreen National Bank
FirstBanks of Colorado
Peak National Bank
Federal Heights
Vectra Bank
Fort Collins
1st Choice Bank
Equitable Savings & Loan
Farmers Bank
First State Bank Fort Collins
FirstBanks of Colorado
Key Bank of Colorado
Liberty Savings Bank
Norwest Bank
Fort Lupton
First Security Bank
Fort Morgan
Equitable Savings & Loan
First Security Bank of Fort Lupton
Key Bank of Colorado
Franktown
Community Bank of Parker
Frisco
Norwest Bank
|
Georgetown
Clear Creek National Bank
Glenwood Springs
Alpine Bank
Glenwood Independent Bank
Mesa National Bank
Golden
First Federal Savings Bank
Key Bank of Colorado
Norwest Bank
Granada
Colorado East Bank & Trust
Granby
Liberty Savings Bank
Grand Junction
Alpine Bank
Bank of Colorado
The Bank of Grand Junction
Centennial Savings Bank
First Federal Savings Bank
Mesa National Bank
Norwest Bank
Greeley
Cache Bank
1st Choice Bank
The Eaton Bank
First National Bank of Greeley
FirstBanks of Colorado
Key Bank of Colorado
Liberty Savings Bank
Norwest Bank
Union Colony Bank
Greenwood Village
First Federal Savings Bank
Norwest Bank
Gunnison
Community Banks of Colorado
Hayden
Yampa Valley National Bank
Highlands Ranch
First Federal Savings Bank
FirstBanks of Colorado
Norwest Bank
Holly
Colorado East Bank & Trust
Holyoke
Community First National Bank
First Security Bank of Fort Lupton
Hotchkiss
First State Bank
Idaho Springs
Clear Creek National Bank
First State Bank
Ignacio
Norwest Bank
Julesburg
Equitable Savings & Loan
First National Bank
First Security Bank of Fort Lupton
La Jara
First Western National Bank
La Junta
Colorado East Bank & Trust
La Salle
Norwest Bank
Lafayette
Lafayette State Bank
Lakewood
Citywide Bank
First Federal Savings Bank
FirstBanks of Colorado
Front Range Bank
Liberty Savings Bank
Norwest Bank
Peak National Bank
Union Bank & Trust
Lamar
Colorado East Bank & Trust
Valley State Bank
Limon
Equitable Savings & Loan
The First National Bank
Littleton
First Federal Savings Bank
FirstBanks of Colorado
Key Bank of Colorado
Norwest Bank
UMB Bank Colorado
Longmont
Equitable Savings & Loan
FirstBanks of Colorado
Liberty Savings Bank
Norwest Bank
Pioneer Bank of Longmont
Valley Bank
Louisville
Community First National Bank
First Federal Savings Bank
FirstBanks of Colorado
Lafayette State Bank
Norwest Bank
Loveland
FirstBanks of Colorado
Home State Bank
Key Bank of Colorado
Norwest Bank
Lyons
Pioneer Bank of Longmont
Valley Bank
Minturn
FirstBanks of Colorado
Monte Vista
Rio Grande Savings & Loan
San Luis Valley Federal
Savings & Loan
Montrose
Centennial Savings Bank
Community First National
First Federal Savings Bank
Montrose Bank
Norwest Bank
Western Colorado Bank
Monument
Norwest Bank
Peoples National Bank
Nederland
Peak National Bank
Northglenn
Liberty Savings Bank
Norwest Bank
Ouray
Citizens State Bank
First National Bank
Pagosa Springs
Centennial Savings Bank
Citizens Bank of Pagosa Springs
Rio Grande Savings & Loan
Paonia
First National Bank of Paonia
Paonia State Bank
Parachute
Norwest Bank
Parker
Community Bank
Community First National Bank
FirstBanks of Colorado
First United Bank
Norwest Bank
Pueblo
Canon National Bank
First National Bank
Minnequa Bank
Norwest Bank
Rifle
Alpine Bank
Mesa National Bank
Norwest Bank
Security
UMB Bank Colorado
Silverthorne
FirstBanks of Colorado
Springfield
Colorado East Bank & Trust
Steamboat Springs
Colorado Community First
National Bank
First National Bank
Norwest Bank
Sterling
Equitable Savings & Loan
First Security Bank of
Fort Lupton
Key Bank of Colorado
Norwest Bank
Telluride
Bank of Telluride
The First National Bank
Thornton
Community First National Bank
First Federal Savings Bank
FirstBanks of Colorado
North Valley Bank
Trinidad
Century Savings & Loan
Association
Colorado Community First
National Bank
Vail
FirstBanks of Colorado
Walsenburg
First National Bank
Westcliffe
Colorado Mountain Bank
Westminster
Citizens Bank
First Federal Savings Bank
FirstBanks of Colorado
Norwest Bank
Wheat Ridge
Citywide Bank
Norwest Bank
Vectra Bank
Windsor
1st Choice Bank
Bank of Colorado Front Range
Union Colony Bank
Winter Park
Norwest Bank
Woodland Park
Mountain National Bank
|
1998 Grant Awards
COLTAF traditionally has awarded grants in three categories: legal services program grants; local bar association pro bono program grants; and discretionary grants to other non-profit organizations with projects that provide legal assistance or education to the disadvantaged.
Adequate funding for the three staffed legal services programs listed below has been COLTAF's priority since its inception.
COLTAF has also recognized the vital role that pro bono and other non-profit providers play in a comprehensive, statewide legal services delivery system. In 1998, COLTAF funded all three categories. In addition, COLTAF funded a grant to the Colorado Center on Law & Policy for the provision of administrative and legislative advocacy for the poor. The following grants were made in the twelve month period ending August 31, 1998:
|
Legal Services Programs
Colorado Rural Legal Services
|
$329,702 |
| Legal Aid Society of Metropolitan Denver |
$531,777 |
| Pikes Peak/Arkansas River Legal Aid |
$202,075 |
| Total |
$1,063,554 |
|
|
Discretionary Programs
Advocates Against Battering & Abuse
|
$2,500 |
| Advocates Against Domestic Assault |
$5,000 |
| Alternative to Violence |
$2,500 |
| Arkansas Valley Resource Center |
$3,880 |
| Community Housing Services |
$5,200 |
| Crossroads Safehouse |
$2,500 |
| Domestic Violence Initiative for Women with Disabilities |
$2,980 |
| Family Crisis Services |
$3,280 |
| Justice Information Center |
$7,600 |
| The Legal Center |
$7,700 |
| Montrose Women's Resource Center |
$3,400 |
| Project Safeguard |
$5,800 |
| Pueblo YWCA Family Crisis Center |
$5,500 |
| Rocky Mountain Children's Law Center |
$3,280 |
| Tu Casa |
$3,880 |
| Total |
$65,000 |
|
|
Local Bar Association Volunteer (Pro Bono) Lawyer Programs
Boulder County Bar Association
|
$2,000 |
| Continental Divide Bar Association |
$2,000 |
| El Paso County Bar Association |
$6,000 |
| Heart of the Rockies Bar Association |
$1,400 |
| Larimer County Bar Association |
$7,000 |
| Mesa County Bar Association |
$6,000 |
| Metro Volunteer Lawyers |
$7,000 |
| (Bar Associations: Denver, Adams County, Arapahoe County, Douglas County, Aurora and First Judicial District) Ninth Judicial District (Garfield County) |
$6,000 |
| Northwest Colorado Bar Association |
$2,500 |
| Pueblo County Bar Association |
$5,000 |
| San Luis Valley Bar Association |
$6,500 |
| Seventh Judicial District (Gunnison) |
$1,000 |
| Seventh Judicial District (Uncompaghre) |
$11,000 |
| Southwest Colorado Bar Association |
$5,500 |
| Thirteenth Judicial District |
$6,000 |
| Weld County Bar Association |
$10,500 |
| Total |
$85,400 |
|
|
Administrative and Legislative Advocacy
Colorado Center on Law & Policy
|
$98,277 |
| Total |
$98,277 |
|
Financial Statements
Statement of Financial Position
June 30, 1998 (with comparative totals for 1997)
|
| Assets |
1998 |
1997 |
|
Current Assets
|
| Cash |
$866,499 |
777,540 |
| Interest receivable |
132,425 |
117,150 |
| Total current assets |
998,924 |
894,690 |
|
|
Property And Equipment, at cost
|
| Equipment |
15,073 |
15,073 |
| Accumulated depreciation |
15,073 |
15,073 |
|
0 |
0 |
|
Total Assets
|
998,924 |
894,690 |
|
|
Liabilities And Net Assets
|
|
Current Liabilities
|
| Grant commitments |
757,113 |
542,282 |
|
|
Net Assets
|
| Unrestricted operating |
141,811 |
252,408 |
| Board designated |
100,000 |
100,000 |
|
241,811 |
352,408 |
|
|
Total Liabilities And Net Assets
|
$998,924 |
$894,690 |
Statement Of Activities
And Changes In Net Assets |
|
|
1998 |
1997 |
| Total Revenue |
$1,300,796 |
1,200,173 |
|
|
Expenses
|
| Operating expenses |
93,885 |
95,621 |
| Grants |
1,317,508 |
1,024,500 |
|
Total Expenses
|
1,411,393 |
1,120,121 |
|
Change in Net Assets
|
(110,597) |
80,052 |
|
Net Assets, beginning
|
352,408 |
272,356 |
|
Net Assets, ending
|
$241,811 |
$352,408 |
Current Board of Directors
Edward J. Nugent, President: Grand Junction - Attorney, appointed by the Colorado Bar Association
Roger E. Clark, Vice President: Loveland - Partner, Hammond & Clark, appointed by the Colorado Bar Association
Steven D. Barnett, Secretary: Boulder - Attorney, elected by the COLTAF membership
Vicki P. Ripley, Treasurer: Littleton - President, Norwest Bank Colorado Southglenn, elected by the COLTAF membership
Thomas S. Byington: Fort Collins - President, First State Bank of Fort Collins, elected by the COLTAF membership
Aaron R. Clay: Delta - Partner, Clay & Dodson, appointed by the Colorado Bar Association
Kristopher L. Hammond: Steamboat Springs - Partner, Oliphant, Hammond & O'Hara, appointed by the Colorado Bar Association
Dale R. Harris: Denver - Partner, Davis, Graham & Stubbs, elected by the COLTAF membership
John J. Keilbach: Pueblo - Partner, Altman, Keilbach, Lytle, Parlapiano & Ware, appointed by the Colorado Bar Association
Jerome L. Lemberger: Colorado Springs - Executive Director, Pikes Peak/Arkansas River Legal Aid, appointed by the Legal Services Programs
Joseph E. Meyer, III: Denver - Denver District Court Judge, appointed by the Colorado Bar Association
Charles Myers: Conifer - Attorney, appointed by the Colorado Bar Foundation
Diana M. Poole: Denver - Attorney, elected by the COLTAF membership
Jerry A. Retherford: Colorado Springs - Partner, Retherford, Mullen, Johnson & Bruce, appointed by the Colorado Bar Association
Edward Schlatter: Denver - United States Magistrate Judge, elected by the COLTAF membership
Mary Hurley Stuart: Denver - Partner, Holme, Roberts & Owen, elected by the COLTAF membership
Staff
Lynn Cannon, Executive Director
Marijane Engel, Associate Director
Vicki Capek, Administrator
James Brownson, Fund-raising Assistant (half-time)
COLTAF shares staff with the Legal Aid Foundation of Colorado.
Address: 1900 Grant Street, Suite 950, Denver, Colorado 80203-4309.
Phone: 303-863-7221;
Fax: 303-861-5274.
|
© 1998 The Colorado Lawyer and Colorado Bar Association. All Rights Reserved. Material from The Colorado Lawyer provided via this World Wide Web server is protected by the copyright laws of the United States and may not be reproduced in any way or medium without permission. This material also is subject to the disclaimers at http://www.cobar.org/tcl/disclaimer.cfm?year=1998.
|
Back
|
Cart - empty 
