Tic maintains the group treasury. Magical items are divided up among the group or sold.
Here’s the current treasury.
https://spreadsheets.google.com/spreadsheet/ccc?pli=1&hl=en_US&key=tsrL9Hb8DhU8QLjlaFoJFEQ&hl=en_US#gid=0
See Old Loot for older stuff.