4. You are members of the Friends of the City Library. Your group has just learned that an elderly cataloger, who had worked his whole life in the city library, died and left a bequest of $3 million to the city without any specific purpose. He also left $200,000 to the library. As members of this committee, how would you advise the library director? How might she spend the $200,000? Should she use it for a current use or ask the city’s attorney if it could be converted into an endowment?

If the director decides on the endowment, how much will the library get in the annual payout? What about the $3 million? Should the group advocate for any of that money?