(Raleigh, N.C.) – Donyell “DJ” Jones understands better than most the post-pandemic budgetary and fundraising pressures on nonprofit organizations. That’s why State Treasurer Dale R. Folwell, CPA, was eager to return missing money to the Boys & Girls Clubs of North Central North Carolina, where Jones is chief executive officer.
As keeper of the public purse at the Department of State Treasurer, Treasurer Folwell oversees the Unclaimed Property Division (UPD), commonly called NCCash.com. It is the repository for 17.6 million properties valued at $1.02 billion under DST’s custody awaiting return to the rightful owners after being lost, misdirected or overlooked. During a review of data in the system UPD staff identified $310.58 belonging to the Boys & Girls Clubs of North Central North Carolina.
Treasurer Folwell, no stranger to a childhood with challenges, praised the Boys & Girls Clubs during his visit to the Roanoke Rapids chapter on Thursday, Sept. 22.
“The staff and volunteers provide a unique and valuable service to their community, and even more so in helping to shape, guide and influence the young people with whom they work,” Treasurer Folwell said. “By nurturing and nudging them into self-discovery and positive pathways, they help club members to see new worlds and imagine exciting possibilities.”
“Boys & Girls Clubs of North Central North Carolina is committed to ensuring that each young person that walks through our doors has the opportunity to realize their full potential. Through supportive relationships with Club leaders, a healthy meal, quality programs and activities, or just being in a safe environment, our Club members are provided a sense of hope,” said Jones, club chief executive officer.
“We understand that we cannot achieve this alone and rely on the generosity of our volunteers, donors, and community partners to fulfill our mission. We truly thank the Department of State Treasurer for emphasizing the unclaimed property program and ensuring that organizations like ours have access to the much-needed resources to serve our kids,” Jones said. “This funding will support our feeding program, allowing each child to enjoy a hot, healthy meal and a healthy snack each day after school. On behalf of the over 1,700 kids and teens that we serve each year, we appreciate Treasurer Folwell and his team for their support of our local communities.”
For the fiscal year through Aug. 31, UPD has paid 32,129 claims totaling more than $15 million from NCCash. Part of that total has been disbursed through the NCCash Match program, a no-hassle, expedited system that eliminated paperwork processing. As of Aug. 31, DST paid 16,986 Cash Match claims totaling nearly $7.3 million.
Under state law, UPD receives and safeguards funds that are escheated, or turned over, to DST. The unclaimed property consists of bank accounts, wages, utility deposits, insurance policy proceeds, stocks, bonds and contents of safe deposit boxes that have been abandoned. More information, including how to find out if you are owed money, can be found at https://www.nccash.com/.