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Frerichs – Michael W. Frerichs is the Illinois State Treasurer. Since he took office in 2015, the Illinois State Treasurer’s Office has paid out hundreds of thousands of unclaimed property claims. Photos provided by Illinois State Treasurer’s Office

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Illinois State Treasurer’s Office returns $250,000 to Spelman College

Grace Scipio wanted to give back to her alma mater, Spelman College, when she died. The Chicago Public School teacher was a native of Georgia and attended the University of Chicago for her Master’s Degree. She died in 2019, the $250,000 was in a savings account. With the help of Illinois State Treasurer Michael W. Frerichs’ office, the money has been returned to Spelman College.