The Arkansas Lawyer magazine Fall 2002

Page 28

Profile of the Arkansas Bar Foundation Association, UALR and other offices. The Bar Center has a formal conference room which is frequently used by lawyers from around the state for depositions and meetings. The open lobby area is a perfect site for receptions and larger meetings.

THE ARKANSAS BAR FOUNDATION was established in 1958 to support efforts at improving the administration of justice. The Arkansas Bar Foundation, which is classified as a tax exempt organization under Section 501 (c) (3) of the Internal Revenue Code, is a charitable organization with a mission to promote educational, literary, scientific and charitable purposes which are more specifically described as follows: 1)

To improve and facilitate the administration of justice.

2)

To promote legal study and research, diffusion of knowledge of the law and continuing education of lawyers.

3)

To publish and distribute addresses, reports, treatises and other literary works on legal subjects and to acquire, preserve and exhibit rare books and documents, objects of art and items of historical interest having legal significance or bearing on administration of justice.

The Arkansas Bar Foundation is governed by an eighteen member Board of Directors. The Board is composed of Fellows elected by the Foundation membership from each of the state bar districts plus the Arkansas Bar Association President, the Immediate Past President of the Foundation and the Chair of the Trust Committee. The Officers of the Foundation are the President, Vice President, and Secretary-Treasurer, who are elected by the Board for one-year terms. Members of the Board are elected at the annual Foundation membership meeting. The seventeen-member Trust Committee is composed of experienced lawyers who serve six-year terms. Two are appointed by each President and confirmed by the Board. Other members are the Foundation Officers and the Deans of the two Arkansas law schools. The Trust Committee manages the Trust Fund to generate income for the good works of the Foundation. Only interest earned on the Trust Account is used. A separate operating account pays the cost of running the Foundation.

The Arkansas Bar Foundation funded the building of the Arkansas Bar Center, located at 400 West Markham, Little Rock, Arkansas, which has been the location of the Foundation and the Association since 1974. The building is wholly owned by the Foundation, but space is rented by the Arkansas Bar

ARKANSAS BAR FOUNDATION 400 WEST MARKHAM LITTLE ROCK, ARKANSAS 72201 (501) 375-4606 (800) 609-S668

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