The Viking Foundation is recognized as a 501(c)(3) non-profit organization. This means that all contributions to the Foundation are tax deductible. The Foundation's Board of Directors strive to balance it's investments in academic, cultural activities, community projects, and athletics.
The Foundation raises money to support it's annual programs and services through contributions and special events. Each year, the Foundation holds an annual golf tournament to solicit support from individuals, businesses, and foundations.