Treasurer Folwell Recognizes Students' Designs for NC ABLE at the N.C. School for the Deaf | Eastern North Carolina Now | Highlights NC ABLE Program and the Department of State Treasurer While Delivering a Surprise Return of $4,512.36 in Missing Money to the School's Administration

Coronavirus Disease 2019 (COVID-19)
Press Release:

    (Morganton, N.C.)     State Treasurer Dale R. Folwell, CPA, met with students, administrators, faculty and staff at the N.C. School for the Deaf (NCSD) in Morganton on Monday, Oct. 31, while promoting the NC ABLE savings program that could benefit those living with disabilities.

    The Department of State Treasurer (DST) administers NC ABLE (Achieving a Better Life Experience), and Treasurer Folwell chairs its Board of Trustees. The program allows those whose disabilities occurred before the age of 26 and their families to contribute to savings accounts that can grow tax-free. The accounts can fund essential disability services and qualified expenses without endangering benefits such as Medicaid and Supplemental Security Income, in which eligibility is restricted by financial caps.

    "The NC ABLE Program provides an opportunity for those with disabilities to not only save for current and future expenses, but to live, work and contribute to the communities in which they live," Treasurer Folwell said.

    Jennifer Willet is the art teacher at NCSD and several of her students shared artwork they designed for the NC ABLE Program. An assembly of students gathered in the school auditorium, where Treasurer Folwell shared his personal history and career development, discussed programs and operations at DST, promoted the NC ABLE program and answered student questions.

    "It was a pleasure to meet with staff at the N.C. School for the Deaf and present through sign-language translation at an assembly with their engaging student body. To be given the chance to answer questions and share the role of state government and a life of public service is an opportunity to inspire the next generation to participate fully in their future. This serves as a good reminder of the need to start and keep a conversation going - there are no communication barriers," said Treasurer Folwell.

    Through relationships with partners, nonprofits and the broader community, the NC ABLE Program has accumulated nearly $16 million in assets. The average funded account balance is over $9,000. There are currently over 1,760 account holders - a 55% increase since the beginning of 2021. More information about NC ABLE can be found here.

    "The North Carolina School for the Deaf was honored to have Treasurer Folwell engage in a dialogue with our middle and high school students. The recognition of artwork designed by our students for the NC ABLE Program was truly a humbling experience," said Mark Patrick, NCSD Director.

    The assembly concluded with a special Halloween treat. Patrick was presented with a check in the amount of $4,512.36 that was located by DST's Unclaimed Property Division.

    "The NC School for the Deaf was thrilled at the presentation of unclaimed funds. We cherish the opportunity to utilize the funds in a way to empower our students to continue to be lifelong learners," Patrick said.

    NCCash.com is the repository for 17.7 million properties valued at $1.02 billion under DST's custody. The money is awaiting return to the rightful owners after being lost, misdirected or overlooked, and more than 19 million owners are associated with those properties. More information about NC Cash can be found here.


   Contact:
   Email: press@nctreasurer.com
   Phone: (919) 814-3820
Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )




Women Vote Press Releases: Elected office holders, Op-Ed & Politics, Bloodless Warfare: Politics To the Founders, a living, breathing Constitution was arbitrary - and a tyranny


HbAD0

Latest Bloodless Warfare: Politics

The North Carolina Medium- and Heavy-Duty Electric Vehicle State Policy Bootcamp and Showcase emphasizes the importance of electric vehicles across the state
On Tuesday, Nov. 1, North Carolina’s Democrat Gov. Roy Cooper held a press conference at the Executive Mansion announcing the creation of a new commission tasked with reforming the University of North Carolina System’s governance.
RALEIGH: Today, Governor Roy Cooper appointed individuals to the Governor's Commission on the Governance of Public Universities in North Carolina.
The Governor joined officials from the NC Poultry Federation, Warren Farms, NC Department of Agriculture and Butterball for Annual NC Turkey Pardon
This week Lt. Governor Mark Robinson visited Machine Specialties Inc. in part of celebrating the 8th Annual National Apprenticeship Week.
RALEIGH: Today, Governor Roy Cooper celebrated Apprenticeship Week by touring the Caterpillar Pre-Apprenticeship Training in Welding Program at Central Carolina Community College.
NC TOWERS Hears Best Practices from UK Offshore Wind Delegation – Encourages Participation in Stakeholder Survey

HbAD1

Our Next Meeting Is Thursday November 17 At 6:00 Pm At King Chicken Restaurant.
(Advance, NC) – US Senator-Elect Ted Budd announced today that Jonathan Felts will serve as the Chairman of the transition team who will manage the process of setting up the new offices as Ted moves from the US House to the US Senate.
Today, U.S. Senator Thom Tillis (R-NC) and his colleagues Tammy Baldwin (D-WI), Susan Collins (R-ME), Rob Portman (R-OH), and Kyrsten Sinema (D-AZ) announced they have reached a compromise on a bipartisan amendment to the Respect for Marriage Act
Governor Roy Cooper signed the following bill into law today: Senate Bill 255 & 43
RALEIGH: Today, Governor Roy Cooper announced appointments to North Carolina boards and commissions.
Twitter’s recent change to their account verification policy has inundated users with tweets from fake accounts impersonating famous people, government entities, and brands.
RALEIGH: Governor Roy Cooper has appointed The Honorable Tonia Cutchin to serve as Superior Court Judge in Judicial District 18E, serving part of Guilford County. The Honorable Susan Bray retired recently and Judge Cutchin will fill the vacant seat created by her retirement.
In Moore v. Harper, the Supreme Court can clarify what role state courts may take in the redistricting process

HbAD2

 
Back to Top