by Bob Whitesel, 6/515.
I often give my students the following hypothetical scenario regarding what they might ethically and strategically do with an unexpected and sizable financial gift to their organization. Take a look at this example. Then you can search this wiki for the phrase “an unexpected windfall” and find many insightful (and some humorous) responses.
An Unexpected Windfall (a hypothetical case study)
Miss. Winnie Fall’s family has had a long history in your church. A matriarch, and the last remaining member of her clan, Winnie passed away recently in Florida. Having lived there for many years, she has not communicated with you or previous leaders of the church for several decades.
In her will Winnie leaves $500,000 to the church to be “used at _____fill_in_your_name____’s discretion.” She has given you no other direction for the disbursement of these funds.
Now, you must recommend to the church board what to do with this revenue. I ask my students to do some research and then give me a paragraph with a plan for spending the Win Fall money.