Wednesday, March 07, 2007
$1,000,000
... is still a lot of money. Yes, I know I've been the Chief Financial Officer of various companies whose annual income ranged from $25 million to $200 million and I should be sort of immune to the impressiveness of numbers with six zeros in them. But now that I'm retired I don't see those kinds of numbers or sign that size of check any more. So I was a little breathless when, as treasurer of the Friends of the Sacramento Public Library, I did my part to accept and transfer the funding of our Endowment Investment Account to the tune of $1,000,000. I'll never see the actual funds, of course, even if I wanted to. It is being conservatively invested with a reputable investment manager. The money was a gift from a Mrs. Willoughby Lyons, a former board member of the Friends, who wanted to ensure that the Friends can continue to assist the Sacramento Public Library for many years to come. Thank you, Mrs. Lyons!
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