What does a charity do when the value of a bequest grows so large that the income substantially exceeds the amount the charity wants to spend for the purpose of the gift? If it is Columbia University with an endowed Chair in Clinical Medicine that throws off more income than the University normally applies to an endowed professorship, it asks the surrogate’s court to allow it to divide the fund to permit the creation of additional professorships. The Surrogate’s Court in Nassau County, NY, has recently approved such an application.