Squidblog

Good question.

Here’s the answer.

As we’ve posted in company policy, on SquidU and in this blog post from a few months ago, if you haven’t claimed your royalties for over a year, not even once, not even a penny, we’ll assume you’ve left the site or are not here for the cash and will roll your earnings over to charity.

Today, after a few months of heads-up time, we rolled over all unclaimed royalties to the Squidoo Charity Fund, which in turn gives to cool organizations like JDRF and Room to Read and KIVA.

But don’t panic! This only happened if you hadn’t claimed your Squidoo royalties via PayPal for over a year. Most of you earn and receive your cash royalties regularly and aren’t at all affected by this accounting.

So if you got a note on your Squidoo dashboard today about donating your unclaimed royalties, here are 4 things you might want to consider:

1. For starters, this overview all about payment might help.

2. Doublecheck: Was your PayPal address on file in Squidoo? It’s up to you to make sure your correct PayPal address is on record, and that emails from them don’t get stuck in your email spam filter.

3. Was your Cash Payout Threshold what you thought? If your Threshold was at $10 and you earned $4 in the last year, that means your money was sitting in a reserve hopper, waiting. But after a year of being unclaimed, we rolled it over to charity. Make sure to set your Cash Payout Threshold low in the future (Even as low as $1, to make sure you get paid early and often!)

4. AND… if you got a note on your dashboard about this, and you think your unclaimed royalties from the last 12 months were donated by mistake, please report the issue here. We’re happy to help.