Can I edit Templates in the Library?

InitLive is now Bloomerang Volunteer—a new name, a new look, and a new integration. Bloomerang Volunteer works just like InitLive. You can do everything you always do, and in the same way. 

See what's changed.

Since you are unable to edit messages from within the Library, in order to edit a saved template, you would need to select the template and insert it into the email. This allows for you to make changes to the email template, and ensure it is updated by using the "Save as New" button, or the "Save Changes" in the message pop-up.