Funds to go toward neurosurgical spine program
State Treasurer Riley Moore visited Morgantown on Tuesday, March 12, to present an unclaimed property check worth more than $200,000 to Vandalia Health leadership at Mon Health Medical Center.
“Mon Health Medical Center provides critical patient care for families in the Monongalia County region.” Treasurer Moore said. “It’s an honor to partner with Mon Health Medical Center and Vandalia Health to return over $200,000 worth of their unclaimed property to help further expand their innovative healthcare services.”
Treasurer Moore presented an unclaimed property check worth $205,851.97 to the President and CEO of Mon Health System and Executive Vice President of Vandalia Health David Goldberg at the Mon Health Medical Center Tuesday afternoon. The funds were predominantly from insurance payments that were turned over to the Office’s Unclaimed Property Division.
Pictured left to right: Monongalia County Delegate Geno Chiarelli, State Treasurer Riley Moore, President and CEO of Mon Health System and Executive Vice President of Vandalia Health David Goldberg
“We are grateful to West Virginia Treasurer Riley Moore for procuring this unclaimed property check and proactively working with Vandalia Health to fund our healthcare initiatives,” Goldberg said. “As a health system, we are continually looking for opportunities to enhance the care that we provide to the communities we serve, and through these funds, we can continue to make good on that mission.
“At Mon Health Medical Center, we will use these funds to further support our neurosurgical spine program and expand the care that we provide to patients across the region. We look forward to this vital expansion of services which would not be possible without advocates like Treasurer Moore.”
During February, Treasurer Moore’s Unclaimed Property Division returned more than $2 million worth of unclaimed funds to individuals, businesses and other organizations.
The Treasurer’s Office has more than $430 million worth of unclaimed property listings in its database. Currently, Monongalia County has 175,765 unclaimed property listings worth nearly $25 million.
For more information about the unclaimed property program or to find out if the Office is holding any money for you, visit www.WVUnclaimedProperty.gov.
What is Unclaimed Property?
Unclaimed property can include financial accounts or items of value in which the owner has not initiated any activity for one year or longer. Common examples include unpaid life insurance benefits, forgotten bank accounts and unused rebate cards. (While the title includes the word “property,” it does not however include real estate.)
West Virginia’s unclaimed property laws protect the public by ensuring money and property owed to them is returned to them, rather than remaining permanently with financial institutions, business associations, governments and other entities. The Treasurer seeks to reunite the unclaimed property, including uncashed paychecks, stocks, or safe deposit box contents, with its owner.
Nationwide, nearly 33 million people in the United States – one in every 10 – are estimated to have unclaimed property available for them to claim.
How Can I Find Unclaimed Property in My Name?
West Virginians searching for lost financial assets can go to www.WVUnclaimedProperty.gov. In addition to finding property, the website will also help you track a claim.
A demonstration of how to use the Unclaimed Property search site is available on the Treasury’s YouTube page, at: https://youtu.be/K09yQ7YNKlE.
To search for lost financial assets outside West Virginia, visit www.MissingMoney.com.