Our first move was to subscribe to Wired and the Utne Reader. This leaves about $240 left to spend. We can, apparently, get Popular Science through PW's Library at no cost.
For the remainder of the money? I'm open to ideas--we thought we could spend a bit of it on room decoration--update some of the posters, print and frame pictures of students past and present... Thought we could use some of it to purchase exciting things like tissues and hand sanitizer.