Bethlehem, PA — Pennsylvania Treasurer Stacy Garrity, Sen. Lisa Boscola (D-18) and Lehigh Valley Dual Language Charter School (LVDLCS) CEO & COO Elsie Perez announced today that more than $800 in unclaimed property has been returned to the school in Northampton County.

“Every return of unclaimed property, no matter the dollar amount, makes a huge difference, and I’m very pleased to return this money to LVDLCS so that it can benefit the hardworking students there,” Treasurer Garrity said. “I urge every Pennsylvanian to search Treasury’s database for money that may be theirs to claim. It’s not just individuals who may have property waiting – schools, businesses, nonprofits and government agencies should search regularly as well.”

“The return of this money to LVDLCS is another example of how the unclaimed property program benefits Pennsylvanians, in this case the students at LVDLCS,” Sen. Boscola said. “More than one in ten Pennsylvanians is owed unclaimed property and my office is always willing to help residents if they need assistance in searching the Treasury’s database or completing the forms.”

The $805.85 returned to LVDLCS includes seven individual properties ranging in value from $18.36 to $695.66. The oldest property dates back to 2013, while the most recent is from 2019. Properties returned include funds from pension & profit sharing and credit balances.

“We are pleased to have worked with Treasury Garrity and her team who shared the information about the unclaimed property owed to us,” Perez said. “We intend to use the reimbursement of $805.85 to purchase classroom materials and supplies, enhancing the education of our students.”

Treasury is working to return more than $4.5 billion in unclaimed property to its rightful owners, including more than $61 million owed to Northampton County residents. The average claim is worth about $1,600.

Unclaimed property can include dormant bank accounts, uncashed checks, insurance policies, contents of forgotten safe deposit boxes and more. State law requires businesses to report unclaimed property to Treasury after three years of dormancy.

Treasury keeps tangible unclaimed property for about three years before it is auctioned. Auction proceeds are kept in perpetuity for owners to claim. Military decorations and memorabilia are never auctioned.

To learn more about unclaimed property or to search Treasury’s database, visit patreasury.gov/unclaimed-property.

 

 

Information provided to TVL by:
Samantha Heckel