Missourians now have a charitable option for their Unclaimed Property. Click to hear KMZU’s Sarah Scott speak with Missouri State Treasurer Clint Zweifel:
Press Release from the Missouri State Treasurer’s Office
JEFFERSON CITY – State Treasurer Clint Zweifel (ZWY-ful) today announced a new program allowing Missourians to donate their Unclaimed Property to charity. Treasurer Zweifel currently holds more than $810 million in Unclaimed Property belonging to 4.7 million account owners. Under the new program, Missourians may choose from 20 charitable organizations in the state to which they may donate their Unclaimed Property. Those organizations support vital medical research, children’s needs, military families and more. Missouri is the second state in the nation to provide this option and provides the most charities for account owners to choose from.
“These charities provide invaluable services to the people of Missouri and now, with this program, we have created a simple way to give back to citizens in our state,” Treasurer Zweifel said. “This new program was created in response to requests from constituents to donate their Unclaimed Property. My team and I are focused on creating innovative ways to serve the needs and wishes of Missourians, and this program is an example of that. I am proud of the good it can do for our communities at no cost to taxpayers.”
The average return on a claim is $300, and Missourians may now donate as much or as little of their claim to any of the approved organizations as they choose. Many accounts are worth just a few dollars, but those donations can add up quickly to make a big difference. More than half of all account owners will be able to search for, claim and donate their Unclaimed Property entirely online.
The list of charities eligible to accept Unclaimed Property donations include: After-School Retreat Reading and Assessment Grant Program Fund, American Cancer Society Heartland Division, Inc., American Diabetes Association Gateway Area, American Heart Association, American Lung Association of Missouri, American Red Cross, ALS Association, Arthritis Foundation, Childhood Lead Testing Fund, Children’s Trust Fund, CureSearch for Children’s Cancer, Foster Care and Adoptive Parents Recruitment and Retention Fund, March of Dimes, Missouri Military Family Relief Fund, Missouri National Guard Trust, Muscular Dystrophy Association, National Multiple Sclerosis Society, Organ Donor Program Fund, Veterans Trust Fund, and Workers’ Memorial Fund.
“I receive new Unclaimed Property every day, meaning thousands of dollars and hundreds of accounts are added to my database each week,” Treasurer Zweifel said. “Whether your claim is $5 or $500, consider donating to a charity where it can have a real, positive impact on our fellow Missourians’ lives.”
Since January 2009, Treasurer Zweifel has returned $176 million to Unclaimed Property owners from more than 605,000 accounts. Individuals may check for Unclaimed Property 24 hours-a-day, sign up for email alerts or email search results to family and friends at www.ShowMeMoney.com.
Below is a list of Unclaimed Property remaining to be returned by region (counties):
Kansas City Region (Bates, Carroll, Cass, Clay, Henry, Jackson, Johnson, Lafayette, Platte, Ray): $114.2 million in more than 878,000 accounts.
Mid-Missouri Region (Audrain, Benton, Boone, Callaway, Camden, Cole, Cooper, Dent, Gasconade, Howard, Maries, Miller, Moniteau, Montgomery, Morgan, Osage, Pettis, Phelps, Pulaski, Saline): $27.8 million in more than 316,000 accounts.
Northeast Missouri Region (Adair, Chariton, Clark, Knox, Lewis, Linn, Macon, Marion, Monroe, Pike, Putnam, Ralls, Randolph, Schuyler, Scotland, Shelby, Sullivan): $8.5 million in more than 84,000 accounts.
Northwest Missouri Region (Andrew, Atchison, Buchanan, Caldwell, Clinton, Daviess, DeKalb, Gentry, Grundy, Harrison, Holt, Livingston, Mercer, Nodaway, Worth): $10.6 million in more than 106,000 accounts.
Southeast Missouri Region (Bollinger, Butler, Cape Girardeau, Carter, Dunklin, Iron, Madison, Mississippi, New Madrid, Pemiscot, Perry, Reynolds, Ripley, Scott, St. Francois, Ste. Genevieve, Stoddard, Wayne): $16.8 million in more than 201,000 accounts.
Southwest Missouri Region (Barry, Barton, Cedar, Christian, Dade, Dallas, Douglas, Greene, Hickory, Howell, Jasper, Laclede, Lawrence, McDonald, Newton, Oregon, Ozark, Polk, Shannon, St. Clair, Stone, Taney, Texas, Vernon, Webster, Wright): $40.2 million in more than 461,000 accounts.
St. Louis Region (Crawford, Franklin, Jefferson, Lincoln, St. Charles, St. Louis City, St. Louis County, Warren, Washington): $229 million in more than 1.5 million accounts.
About Treasurer Zweifel’s Unclaimed Property
State law requires financial institutions, insurance companies, public agencies and other business entities to turn over assets to Treasurer Zweifel that belong to a customer, client, employee or other owner if there have been no documented transactions or contact with the owner for five or more years. Most Unclaimed Property consists of cash from bank accounts, stocks, bonds and contents of safe deposit boxes that have been abandoned. It also can include uncollected insurance policy proceeds, government refunds, utility deposits and wages from past jobs. Treasurer Zweifel does not handle real property such as land and houses or certain types of personal property such as cars and boats. There is more than $810 million in Unclaimed Property maintained by Treasurer Zweifel. Treasurer Zweifel never charges for the return of Unclaimed Property.