California's $15B Unclaimed Property: Nonprofits Miss Out
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Californias Unclaimed Property: Billions in Forgotten Funds
California holds a staggering fifteen billion dollars in unclaimed property, including cash and valuables owned by residents, businesses, and nonprofits. Many charities and hospitals, such as food banks and childrens hospitals, were unaware the state was holding their money. The State Controller, Malia Cohen, is working to return funds, with recent efforts resulting in over twenty-five million dollars returned to over twenty-two thousand people. Nonprofits can claim their share by searching the database on the State Controllers website.
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