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* Best press release of the month…
An early holiday gift is being delivered to Lutheran Social Services of Illinois.
The Des Plaines-based non-profit social services organization is receiving $15,328 in unclaimed cash that was surrendered to Illinois State Treasurer Michael Frerichs’ office, which is responsible for safeguarding unclaimed property.
“While we always work hard to give back unclaimed property to the rightful owners or heirs, we make an extra effort at this time of year to return money to non-profits because their generosity, kindness, and caring acts help so many people,” Frerichs said. “Our staff feels fortunate to play a small role in making the holiday season a little brighter for people who might be going through a challenging time.”
The $15,328 total being returned to LSSI consists of 42 cash properties from various sources, such as uncashed checks, insurance payments and vendors’ credits and refunds. The individual amounts range from one cent to $4,876, and the overall total includes $1,640 in interest paid on the assets.
Lutheran Social Services of Illinois was founded in 1867. During the fiscal year ending June 30, 2022, LSSI served more than 42,000 children, adults, seniors and families through more than 50 offices across Illinois. The organization’s programs include foster care, mental health services, alcohol and drug treatment, affordable senior housing, home care services for older adults, residential programs for people with developmental disabilities, and programs that help people and families impacted by incarceration.
“Any family or individual can appreciate how much receiving unanticipated cash can help, particularly during the holidays, but it’s especially meaningful for nonprofit organizations who use the money to provide critical services,” said Mark A. Stutrud, LSSI President and CEO. “We’re deeply appreciative that the Treasurer’s office has streamlined the process for receiving unclaimed property. This can make such a difference in the lives of our clients, whether it’s using the money to support our vital programs or providing a Christmas present to a child who might otherwise go without.”
That’s such good news. But our work isn’t finished. We’re still a long way from the revised $45,000 goal set by Lutheran Social Services of Illinois to buy presents for foster kids. So, please, click here and contribute if you haven’t yet done so. Thanks!
Also, maybe click here and see if you have any unclaimed property, then send some or all of that LSSI’s direction. Just a thought.
posted by Rich Miller
Monday, Dec 12, 22 @ 10:10 am
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:-)
All of the donations from the folks who visit this site have been truly heartwarming.
Comment by George Ryan Reynolds Monday, Dec 12, 22 @ 10:26 am
I checked and found a less than $100 claim with Tollway.
Comment by very old soil Monday, Dec 12, 22 @ 10:30 am
Congratulations to Treasurer Frerichs and his hard-working staff to find these monies and get them to LSSI, helping LSSI continue to meet the charge of the good works they do.
Thank you.
OW
Comment by Oswego Willy Monday, Dec 12, 22 @ 10:44 am
I just checked and my wife has two items.
I’ll wait to see how much and forward on to LSSI.
Comment by Cool Papa Bell Monday, Dec 12, 22 @ 10:50 am
Just came here to see OW’s comment on Frerichs.
This is good work all around, and Unclaimed Property under Frerichs has run much better than any other administration in the past, in my opinion. Much more pro-active than reactionary.
Comment by Almost the Weekend Monday, Dec 12, 22 @ 10:52 am
That’s splendid [banned punctuation]. Good work by the Treasurer’s office.
Comment by JoanP Monday, Dec 12, 22 @ 10:54 am
=== comment on Frerichs.===
This probably says more about you… than it could about me. One only needs to actually read for comprehension that I celebrate good governing and good actions. This is both.
Hmm.
To the post,
It’s at these times we find good things like this at the most needed times. It warms my heart to read where a good governing instance leads to a good deed in the helping of those less fortunate
Comment by Oswego Willy Monday, Dec 12, 22 @ 10:59 am
Related to unclaimed property, I’ve always wondered why the State of Illinois, Illinois Comptroller, State Police, etc… has unclaimed property at the Treasurer’s Office.
Comment by Numbers Guy Monday, Dec 12, 22 @ 11:31 am
==I’ve always wondered why the State of Illinois, Illinois Comptroller, State Police, etc… has unclaimed property at the Treasurer’s Office.==
Because it’s required to be reported. The state pays people and if they have overpaid for something and for whatever reason the money hasn’t been collected it’s going to get reported to the Treasurer’s office. Agencies need to do a check every once in a while to see if they have anything sitting there.
Comment by Demoralized Monday, Dec 12, 22 @ 2:13 pm