Pets
Riverwoods Animal Shelter Receives $200K From Unclaimed Funds Program
The funds were left to the nonprofit by a late Lake County woman who named the shelter as a beneficiary of her life insurance policy.
RIVERWOODS, IL — Orphans of the Storm, one of Chicagoland's oldest animal shelters, was awarded $200,000 earlier this week as part of the Illinois I-Cash program. Illinois Treasurer Michael Frerichs presented a check to the shelter at 2200 Riverwoods Road Tuesday as part of a special ceremony.
According to Frerichs' office, the funds were left to the nonprofit by a late Lake County woman who named the shelter as a beneficiary of her life insurance policy. His office said it "one of the many recoveries made possible by Treasurer Frerichs efforts to ensure unclaimed funds are returned to their rightful recipients."
Orphans of the Storm Animal Shelter was founded in 1928 by world-renowned dancer, actor, and entrepreneur Irene Castle and her friend, Helen Morton Swift. According to the shelter's website, Castle named Orphans of the Storm after her favorite silent movie by the same name, in which two orphaned sisters are reunited. It was her hope to provide a happy ending to lost and abandoned dogs and cats in the Chicago area.
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RELATED: Orphans of the Storm Celebrates 95 Years of Saving Pets
Orphans of the Storm is located on nine acres between the communities of Deerfield and Buffalo Grove. The buildings include three dog wings with outdoor access, cat housing, office space, and a small clinic. Outdoor facilities include numerous kennel runs, dog meet-and-greet spaces, the Jim Farmer Memorial Dog Enrichment Park, and a seven-acre wooded nature trail.
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To date, the shelter has found loving homes for more than 150,000 dogs and cats.
According to Illinois State Treasurer's website, unclaimed property consists of accounts and other financial instruments, usually intangible, being held at corporations, financial institutions, financial intermediaries, courts, and life insurance companies, that have gone dormant for a specified period of time based on property type.
Since 2015, the treasurer's office has returned over $2 billion in assets (cash and value of returned shares).
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