Treasury holds over $98,000 for organizations that support servicemen and women
Harrisburg, PA – Pennsylvania Treasurer Joe Torsella today announced that PA Treasury holds over $98,000 in unclaimed financial property for nonprofit organizations that provide vital services for Pennsylvania’s veterans: American Legion and Veterans of Foreign Wars.
“Whether it’s shortly after veterans return from service or decades after their tour of duty, local VFW chapters and American Legion posts provide our military members a sense of community and belonging. We want to make sure these organizations receive the money they are entitled to, so they can continue to serve the men and women who defend our freedom.”
Pennsylvania Treasurer, Joe Torsella
Treasury records show Pennsylvania VFW chapters have over $64,000 in unclaimed financial assets and local American Legion posts are entitled to nearly $34,000 in unclaimed property. A listing of VFWs with money in their name can be viewed by following these links: American Legions and VFWs.
Under Pennsylvania law, entities are required to report any financial asset that has gone unclaimed for a period of time — usually three years — to Treasury. Treasury currently serves as the custodian of $3.4 billion in unclaimed property, reported to the Bureau of Unclaimed Property through abandoned bank accounts, forgotten stocks, uncashed checks, and contents of safety deposit boxes.
Treasury also holds 70,000 pieces of tangible property like jewelry, coins, and military service awards. In September, Treasurer Torsella unveiled a new webpage dedicated solely to helping veterans find their lost or missing war medals. To date, Treasury has returned 73 military decorations to the veterans who earned them or their family members.
Claimants searching for their military decorations may search here. Claimants searching for unclaimed property can follow this link. Treasury’s Bureau of Unclaimed Property is also available toll-free at 1-800-222-2046 and via email at email@example.com, to help conduct a thorough search for unclaimed property.