Word: bequest
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...church wants to involve students in deciding what becomes of the bequest because UniLu wants student members to find their time with the campus ministry as memorable as Edwards had, said church council member Susan Worth...
...will stipulates that the bequest “be used for renovation projects,” so most of the money will likely be used for building projects and debt reduction, rather than on the expansion of student-related programs...
...could also be used to defray debt incurred as the church worked on projects stemming from the 1999 capital campaign, according to Chris Pollari, head of the committee charged with spending the bequest money...
Though the bequest cannot erase this debt, Pollari said that it would give UniLu some financial flexibility by freeing about $30,000 from mortgage payments to pay for operating expenses...
Final decisions on how to spend the bequest will not be made until the full congregation votes on the committee’s proposal in May, Pollari said...