Fort Smith Nonprofits Receive Financial Boost from State Auditor and Sen. Boyd

On May 10, 2024, in Fort Smith, Arkansas, the State Auditor Dennis Milligan's office, in partnership with Senator Justin Boyd, issued two checks to local nonprofit organizations. The total amount of $7,809.29 came from unclaimed properties found through the Great Arkansas Treasure Hunt, a program led by Milligan's office.

The Hamilton Center for Child Advocacy received $2,300, and the Crawford-Sebastian Community Development Council received $5,509.29. These funds will help support the essential services these nonprofits offer to the community.

Unclaimed property includes items like unpaid life insurance, unused bank accounts, and safe deposit box contents. Since January 2023, Auditor Milligan has returned over $30 million to rightful owners through this initiative.

The process for handling unclaimed properties starts when accounts are left due to events like relocation or death, and the holding company cannot find the owner. The Auditor's Unclaimed Property Division then works to return these properties to their rightful owners.

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