State Treasurer Urges Nonprofits to Search, Reclaim Missing Funds
In anticipation of National Nonprofit Day on August 17, State Treasurer Steven Johnson announced that his office is initiating a week-long outreach effort to encourage nonprofit organizations across Kansas to search for unclaimed property that rightfully belongs to them.
Dedicated staff will focus on raising awareness that many nonprofit organizations are entitled to a share of over $640 million of unclaimed property held by the state. These funds include forgotten bank accounts, uncashed checks, insurance proceeds and more.
The Kansas Unclaimed Property Division will spend the week leading up to National Nonprofit Day contacting a range of organizations that may not be aware of missing money held in their name. Outreach efforts will include school districts, civic groups, charitable foundations, faith-based organizations and more. These efforts will educate potential claimants on the claims process and offer assistance if needed.
"Given the many needs nonprofits meet within Kansas communities, we know that any funds returned to nonprofit organizations will have a multiplied effect in the community they serve," said Treasurer Johnson. "We want to find and return every dollar we can to further support the essential services many nonprofits provide."
The Treasurer's Office encourages all nonprofits to check its database to see if they can profit from a portion of the missing money held within the unclaimed property division. To initiate the search for unclaimed property, nonprofits are encouraged to visit www.treasurer.ks.gov. The website provides step-by-step instructions and resources to facilitate the reclaiming process. Nonprofits may also inquire about the unclaimed property process by emailing nonprofit@treasurer.ks.gov or calling 785-291-3171.
(Information courtesy Kansas State Treasurer's Office.)