diff --git a/token-dispenser/scripts/transfer-treasuries.sh b/token-dispenser/scripts/transfer-treasuries.sh
new file mode 100644
index 00000000..7f7e7475
--- /dev/null
+++ b/token-dispenser/scripts/transfer-treasuries.sh
@@ -0,0 +1,12 @@
+
+if [[ -z $SOLANA_RPC_URL || \
+      -z $AUTHORITY ]; then
+  echo "Error: One or more required environment variables are not set."
+  echo "SOLANA_RPC_URL: $SOLANA_RPC_URL"
+  echo "LEDGER_PUB_KEY: $AUTHORITY"
+  exit 1
+fi
+
+while IFS= read -r TREASURY; do
+  TREASURY=$TREASURY NEW_AUTHORITY=$AUTHORITY npx ts-node ./ts/scripts/transfer-treasury.ts
+done < "$(dirname "$0")/treasuries"
diff --git a/token-dispenser/ts/scripts/transfer-treasury.ts b/token-dispenser/ts/scripts/transfer-treasury.ts
new file mode 100644
index 00000000..574e2513
--- /dev/null
+++ b/token-dispenser/ts/scripts/transfer-treasury.ts
@@ -0,0 +1,46 @@
+import {
+  PublicKey,
+  SystemProgram,
+  AddressLookupTableProgram,
+  SYSVAR_INSTRUCTIONS_PUBKEY,
+} from "@solana/web3.js";
+
+import { TokenDispenserSdk } from "../sdk";
+import { ledgerSignAndSend, ledgerSignAndSendV0 } from "./helpers";
+import { connection, getSigner, getEnv } from "./env";
+import { funders, tokenDispenserProgramId, treasuries } from "./config";
+import {
+  ASSOCIATED_TOKEN_PROGRAM_ID,
+  AuthorityType,
+  TOKEN_PROGRAM_ID,
+  createSetAuthorityInstruction,
+} from "@solana/spl-token";
+
+type Config = {
+  treasury: PublicKey;
+  newAuthority: PublicKey;
+};
+
+(async () => {
+  const config: Config = {
+    treasury: new PublicKey(getEnv("TREASURY")),
+    newAuthority: new PublicKey(getEnv("NEW_AUTHORITY")),
+  };
+
+  const signer = await getSigner();
+  const signerPk = new PublicKey(await signer.getAddress());
+
+  // AuthorityType.AccountOwner;
+  const setAuthorityIx = createSetAuthorityInstruction(
+    config.treasury,
+    signerPk,
+    AuthorityType.AccountOwner,
+    config.newAuthority,
+  );
+
+  console.log(`Setting account ${config.treasury.toBase58()} authority to ${config.newAuthority.toBase58()}`);
+  const result = await ledgerSignAndSendV0([setAuthorityIx], []);
+  console.log("Tx Sent: ", result);
+  const txIncluded = await connection.confirmTransaction(result);
+  console.log("Tx Included");
+})();