For Immediate Release
8.30.2022
Sheena Kadi
Communications Director & Public Information Officer
sheena.kadi@state.co.us
303-349-8113
Colorado Treasurer Dave Young Wants to Return $3 Million in Cash to Colorado Schools in Unclaimed Property
Even schools lose track of property and payments, occasionally resulting in unclaimed property which can be claimed. There’s a chance – at least 1 in 10 – that there’s unclaimed property, like gift certificates, tax refunds, unpaid wages, or uncashed checks, with your school’s name on it.
“Back-to-school time is a perfect opportunity to conduct an unclaimed money search for your favorite schools, from nursery schools to colleges, both public and private. We’re always happy to reunite funds with our school systems so they can put it to use to help serve our students” Dave Young, Colorado State Treasurer, former K-12 educator, and former President of the National Association of Unclaimed Property Administrators said. “It only takes 30 seconds to check colorado.findyourunclaimedproperty.com to see if your schools have money waiting to be claimed.”
Top Ten Schools With Unclaimed Property
Aurora Public Schools
Colorado School of Mines
Colorado Springs School District
Colorado State University
Denver Public Schools
John Neumann Catholic School
Logan School for Creative Learning
Metropolitan State University Denver
University of Colorado
University of Denver
Great Colorado Payback
Last fiscal year, The Great Colorado Payback returned almost $50 million to nearly 55,000 claimants through our Unclaimed Property Division. To simplify the claims process, a pilot program which proactively returns funds was started, returning $4.1 million to 13,700 rightful owners without requiring additional paperwork for identification purposes.
“This year, the Great Colorado Payback has sent 770 notices to schools and universities across the state. If your school received a notice, reach out to us, and we’ll help reunite you with your unclaimed property,” said Bianca Gardelli, Director of Unclaimed Property.
Money or property turned over to the State Treasury for safekeeping is held for the owner or heir of the account and there are no time limits for filing a claim. The Colorado State Treasurer currently maintains a list of over 1.7 million names of individuals as well as schools for whom property is available, including over $960 million in cold, hard cash. To date, the Great Colorado Payback has reunited over $600 million to their rightful owners.
Go to colorado.findyourunclaimedproperty.com to search for unclaimed property for schools, individuals, nonprofits, and businesses.
###
