7/13/2013 1:41:00 PM Illinois State Treasurer Dan Rutherford helps reunite American Legions with $88K in unclaimed money Money tied to statewide American Legion and Auxiliary, plus dozens of local posts and units
SPRINGFIELD — There’s nothing like finding money that you didn’t know was yours. That is exactly what’s happening for the American Legion-Department of Illinois, the American Legion Auxiliary, Legion posts and Auxiliary units across the state. Illinois State Treasurer Dan Rutherford and his staff have been working with the Legion this summer to comb through the I-Cash database for unclaimed property in the name of Legion organizations.
“We found $88,058.43 that has been transferred to the Illinois State Treasurer’s Office over the years. The earliest transfer was back in 1983,” said Treasurer Rutherford. “I’m going to make sure that the Legion, Auxiliary, and individual posts and units get every penny back.” The announcement of the property search was made today at the Legion’s state convention in Springfield.
This effort started with Treasurer Rutherford’s increased outreach across the state about the I-Cash program. American Legion-Department of Illinois Commander Wayne Wagner said, “Our First Division Commander Barry Cicero heard about the program and thought that some of our Legion posts could benefit from the program. He checked into it and was surprised that so many Legion posts as well as Auxiliary units were on the list. The money that these posts and units get from I-Cash will benefit the local community as well as veterans and other Legion programs.”
$38,819.56 is tied to existing American Legion posts, while $25,650.40 is tied to now-defunct posts. That money will go to the statewide Legion. The American Legion Auxiliary will claim $23,588.47 on behalf of now-defunct Auxiliary posts.
The I-Cash program helps reunite owners with their unclaimed property. The Unclaimed Property Division has $1.7 billion in cash, plus contents from Illinois safe deposit boxes that have been inactive for at least five years. The costs associated with the Unclaimed Property Division, including staff, computers and travel, are paid for through the Unclaimed Property Trust Fund, and not by tax dollars.
To find out if you have unclaimed property through I-Cash, visit www.treasurer.il.gov and follow the I-Cash link. You can contact the Unclaimed Property Division by calling 217-785-6998 or emailing info@Icash.Illinois.gov, although searches cannot be completed by telephone