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The Salolampi Foundation Mission
This corporation is organized for Charitable and Educational Purposes to develop and maintain an association of individuals and organizations interested in Salolampi, the Finnish Language village of Concordia Language Villages Program of Concordia College, Moorhead, Minnesota, herein after referred to as "Salolampi"; to develop and maintain a Salolampi villager scholarship program in coordination with other organizations and the Concordia Language Village Program; to encourage, receive and administer financial contributions, endowments, bequests, and other support from individuals and organizations for Salolampi villager scholarships, curriculum development and general support of the program and facilities of Salolampi; and for these purposes, to foster and encourage the coordination and cooperation of the individuals and organizations interested in the Salolampi programs. To this end, the corporation shall at all times be operated exclusively for charitable and educational purposes within the meaning of Section 501 (c)(3) of the Internal Revenue Code of 1986, as now enacted or hereafter amended, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under Section 501(c)(3) of the Internal Revenue Code of 1986, as now enacted or hereafter amended. All funds, whether income or principal, and whether acquired by gift or contribution or otherwise, shall be devoted to said purposes.
From the Salolampi Foundation By-Laws as last amended in 2004.
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