The Salolampi Endowment
Gifts for the Future
Gifts to the endowment fund will be solicited by the Sampo campaign. In the Kalevala Finnish epic the Sampo is a magical mill that supplies its owner with all of life's needs. The intent of the endowment fund is to establish such a fund, such that it will provide continuous scholarship support in perpetuity.
We Finns have a proud heritage. It is important that Salolampi continues to grow and that scholarships continue to make it possible for future generations of Finnish Americans to learn the Finnish language and the history and culture of Finland.
Salolampi is a success story. See About Salolampi to learn the 30-year history of the financial and volunteer efforts of Finnish Americans who fulfilled the dream of a Finnish Language Village.
The Salolampi Foundation Board of Directors is an active, participating group of people who have further advanced the beginnings of an endowment fund to perpetuate scholarship awards.
The Salolampi Sampo will encompass a number of efforts to build the endowment fund. These "8 Ways to Leave a Legacy" can be a guide to a plan to lend your support to Salolampi.
8 Ways to Leave a Legacy:
◊ Learn more about how to go about leaving a legacy. Call or write to a member of the Salolampi Foundation Board or if you wish confidentiality, contact the Lutheran Community Foundation in the Twin Cities.
◊ Prepare a Will. Only 50 percent of those who pass away have one. Without a will, you lose control of possessions you worked a lifetime to acquire.
◊ Leave a gift in your Will for organizations that are important to you. Contributions to non-profit organizations in an estate plan have a distinct tax advantage.
◊ Leave a specific amount to Salolampi - $500 or $50,000. Every gift is appreciated. Imagine the positive impact if everyone involved with Salolampi made even a modest donation.
◊ Consider using assets such as insurance policies, real estate, stocks, bonds, certificates of deposit, vehicles, art, jewelry.. for your gift. Such gifts can provide tax savings and income to you now.
◊ Name the Salolampi Foundation Sampo Fund as the beneficiary of your IRA account or pension plan.
◊ Purchase a new life insurance policy naming the Salolampi Foundation Sampo Fund as the beneficiary.
◊ Name the Salolampi Foundation Sampo Fund as beneficiary of an existing life insurance policy.
The Salolampi Foundation will assist you in exploring options and will advise you in carrying out your wishes. We hope you will allow us to list your name only (no amount) in our publications. That is an effective way to attract more donors. Or we can list you simply as an anonymous donor if you wish.
