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Unclaimed property can convert to charitable donations

State Treasurer Clint Zweifel has 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, part or all, of their Unclaimed Property. These 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 from which account owners can choose.

"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. 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. 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.

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.

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