Endowment Fund

[Frederick Muller <fmuller@TELLURIAN.NET>]

I was approached recently by someone who wants to set up an
endowment fund in their will for a public school library.  They want
it to be used for books (fiction especially) but is concerned about
wording it too specifically with changing technology as to make it
limiting. They want the intent of the phrasing worked out before
they go to the lawyer. I was thinking of the following:

   to be used for books, primarily fiction, or other reading materials.
Not to be used for salaries, furniture, or hardware.

What do you think?
-----------
Frederick Muller
Halsted Middle School Library
59 Halsted Street
Newton, NJ   07860
   voice (973) 383-7440  ext.229
   Fax (973) 383-7432
My Book reviews are compiled at:
   http://www.halsted.org/br.htm

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