Charitable Donation of Allowed Claims

PURPOSE: Sections 447.500–447.595, RSMo comprise the Missouri Uniform Disposition of Unclaimed Property Act. This rule outlines the procedure by which the treasurer may allow an approved claimant of unclaimed property to irrevocably donate all or a portion of his or her unclaimed property to certain trust funds and charitable organizations. (1) The treasurer may provide that all or part of an allowed claim may be irrevocably donated by the claimant to any one (1) or more of the following trust funds existing in the state treasury which may receive donations of tax refunds and which allow the receipt of grants, gifts, and bequests: (A) The Children’s Trust Fund; (B) The Veteran’s Trust Fund; (C) The Missouri National Guard Trust Fund; (D) The Worker’s Memorial Fund; (E) The Childhood Lead Testing Fund; (F) The Missouri Military Family Relief Fund; (G) The After-School Retreat Reading and Assessment Grant Program Fund; (H) The Organ Donor Program Fund; and/or (I) The Foster Care and Adoptive Parents Recruitment and Retention Fund. (2) In addition to the trust funds listed under section (1), the treasurer may provide that all or part of an allowed claim may be irrevocably donated by the claimant to any one (1) or more of the following charitable organizations which may receive donations of income tax refunds: (A) The American Cancer Society Heartland Division, Inc.; (B) The American Diabetes Association Gateway Area; (C) The American Heart Association; (D) The American Lung Association of Missouri; (E) The American Red Cross; (F) The Amyotrophic Lateral Sclerosis Association (ALS Lou Gehrig’s disease); (G) The Arthritis Foundation; (H) The March of Dimes; (I) The Muscular Dystrophy Association; and/or (J) The National Multiple Sclerosis Society. (3) In addition to the trust funds listed under section (1) and the charitable organizations listed under section (2), the treasurer may provide that all or part of an allowed claim may be irrevocably donated by the claimant to any one (1) or more of the educational assistance organizations as defined in section 135.712, RSMo. (4) In the event a charitable organization not listed in section (2) becomes eligible to receive donations of income tax refunds, the treasurer may allow that all or part of an approved claim may be irrevocably donated to such charitable organization. (5) The treasurer shall keep an accounting of the funds donated to the various trust funds listed in section (1) and the treasurer shall transfer, at least quarterly, all such donated funds from the abandoned fund account to the respective trust funds. (6) The treasurer shall keep an accounting of the funds donated to charitable organizations under sections (2), (3), or (4) and the treasurer shall transfer, at least quarterly, all such donated funds from the abandoned fund account to the respective charitable organizations. (7) Information describing a claimant’s ability to donate all or a portion of any approved claim as set forth in this rule shall be provided by the division to claimants during the claims process. (8) No donations of tangible personal property held by the treasurer pursuant to sections 447.500 to 447.595, RSMo, may be made pursuant to this rule. (9) The treasurer, after donating all or part of an approved claim as set forth in this rule, is discharged and released as set forth in section 447.565.3, RSMo. AUTHORITY: sections 447.565 and 447.579, RSMo 2016.* Original rule filed June 7, 2013, effective Nov. 30, 2013. Amended: Filed June 22, 2023, effective Jan. 30, 2024. *Original authority: 447.565, RSMo 1984, amended 1989, 1993, 1994, 1998, and 447.579, RSMo 1984, amended 1993, 1994.