If you have the right permissions in your user profile, you can modify data card values in the Folder Properties dialog box.
The Folder Properties dialog box appears when you right-click the folder and select Properties.
General tab
Lists the folder name, type, and location.
Folder Data Card tab
Shows values of data card variables, such as the State, Owner, and Vault.
If you have permission, you can change the owner for the folder and edit the value of the Description field.