You can help the Vikings help others...
Viking Charities Inc. offers the philanthropic minded, several ways to help others and enjoy tax deductibility of their gifts. Individuals, trusts, estates, organizations and companies are all welcome to consider Viking Charities, Inc. when moved to help others within our community.
Gifts can be made for a special need close to your heart. Use of the Viking Endowment Fund for future good works maybe your desire or perhaps a general gift to be dispersed at the discretion of Viking Charities Inc. Options to structure your donation are almost limitless, just as are the lives you will touch with your loving gift.
Living Tributes for a Joyous Occasion
Charitable Gift Annuities
Gifts of Real Property
Life Income Plans
Annual Gifts
Gifts from Estates
Gifts from Life Insurance
Charitable Trust Planning
Gifts in Memory of a Loved One |
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The Viking Endowment Fund
 Charitable bequests are often recommended by professionals for donors' consideration as part of their estate planning.
Donors are encouraged to obtain legal and financial counsel in developing estate plans, or preparing the executing wills, condicils, and trusts.
There are three basic types of bequests:
1. A specific bequest conveys a specific asset or particular piece of property (e.g. primary benificiary of a life insurance policy, a rare coin collection, shares of stock, real estate or a stated sum of money).
2. A residual bequest conveys part or all of what remains of the asset base to the ultimate beneficiary, reciepient. Example: the remainder of a charitable gift annuity, the balance of an estate after all debts, taxes and administrative costs have been paid and specific bequests have been distributed.
3. A contingent bequest takes effect only if the primary intentions of the testator cannot be met (e.g. if a primary beneficiary dies before the testor)
Preparing and executing bequests
The Fund Development Group can provide the proper language for review by the donor and/or donor's advisors. Charitable bequests, to the Fund, may be designated when a new Will is executed or when adding to an existing Will through a codicil.
Living trust assets may also be designated to the Fund. Such an agreement acts as a will in specifying individuals and organizations to receive trust assets. The above bequest options may be included in a living trust agreement.
Many donors find that old life insurance policies cam be modified to enjoy a current tax deduction while at the same time provide a gift to the Fund. The Charitable Gift Annuity is a wonderful way to make meaningful gifts to the Fund. You will enjoy a tax deduction today, you will receive income for life, (most of which is tax free) and you are able to make a significant contribution to the Fund.
How to Send Gifts
The Fund appreciates notice from donors of bequest intentions or of related gifts through trusts.
Suggested Minimums
None
However current/outright gifts of $1000 or less are best directed to the general fund.
Larger current/outright gifts and all bequests are best directed to the Fund.
We know that you share in the enthusiasm to grow the Fund are encouraged to consider the important work of Viking Charities Inc. Through your generous gifts we will be able to continue our good works forever...
We ask that you include the Fund when making your estate and financial planning commitments.
| Special Note |
| A Fund borne soley by Viking members absorbs what little administrative costs we incur. This allows for 100% of all other contributions received by Viking Charities, Inc. to fully benefit those individuals and families who are so much in need of our assistance. |
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Viking Charities Inc. is a non-profit 501(c)3 organization and is chartered as a 509(a)2 public charity, making your contributions tax deductible.
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