What have you done for your donor lately? So, have you called them, stopped by to check in? Do they know you exist or are you relegated as a distant memory?
What do you think would happen if someone from your organization not only just stopped by to say hello, but actually brought your donor some good news that you found money that belongs to them!
As hokey as this might sound don’t you think you would remember someone who really was looking out for your best interest and not just pretending to call you a “friend”?
Back when I was an elected official i.e. County Commissioner I was shocked to find how much our state government was “holding” of taxpayer’s money in the escheat and unclaimed property fund all the while claiming that these funds were lost and they did not know who the rightful owner was. So, they were just going to hold on to the money, and earn interest. Many states are even using the money for other things and are not really trying to find the rightful owners.
I took it upon myself to not only secure the list from the state treasurer’s office but also go to the expense of publishing an insert to in our local paper. If I remember correctly this cost me several thousand dollars but it listed over 9,000 names that were owed, just in our county alone, a whopping $1.9 million dollars! I was not doing this as a PR stunt, I did not run for re-election, I did it because it was the right thing to do.
In order to help individuals as well as nonprofits find out the same information I also decided to go one step further and create a website where anyone can go and access this information FREE. You will not only find information about the money states are holding but also find out the various federal agencies that are keeping money as well.
Check out: www.ncrefund.com today, you might be surprised who you find listed.
DISCLAIMER: This information is not intended to provide legal or accounting advice, or to address specific situations. Please consult with your legal or tax advisor to supplement and verify what you learn here.