Office of Advancement

How to Give

Private support is essential to Purdue University North Central's success today and in the future. And no matter how large or how small, every gift makes a difference.

There are many ways you can make a gift to Purdue North Central as well as many kinds of gifts you can give. The method you choose to give is also up to you!

Use this web site to help you decide how to make your gift to Purdue North Central, or contact us at (219) 785-5697 or giving@pnc.edu for more information about giving to Purdue North Central.

Cash, Check or Credit
Simplicity and ease of delivery are the major factors in making cash the most popular type of charitable gift. A gift of cash is considered made on the date it is hand-delivered or mailed. As a result of the charitable deduction, the net cost to a donor making a cash contribution will be less than the dollar amount of the gift.

A gift of cash is deductible up to 50% of a donor's adjusted gross income. But that's not all. Any amount in excess of the 50% deduction ceiling can be carried over for five years.

Cash or checks made payable to Purdue Foundation should be sent to Office of Development, 1401 S US Hwy 421, Westville, IN 46391.
Please indicate where you prefer your gift be allocated.

A credit card may be used to make a gift by calling our office at (219) 785-5697. A credit card gift is considered made when it is processed by the credit card company. Purdue Foundation accepts VISA, MasterCard and Discover.

Appreciated Property
A viable alternative to a cash gift is a gift of appreciated property. With careful planning, charitable gifts of certain types of assets will provide even greater tax benefits to the donor than a gift of equivalent cash.

The charitable deduction for gifts of property that would yield ordinary income or short-term capital gain if sold is limited to the donor's tax basis. Gifts of appreciated property held long-term provide a double tax benefit.

The full fair-market value of gifts of long-term appreciated securities or real estate is deductible up to 30% of a donor's adjusted gross income. Any amount in excess of the 30% ceiling can be carried forward for up to five years. The methods you should use for transferring securities to Purdue depends on whether you have possession of the securities. Please contact the Development Office for more details.

Tangible Personal Property
As with gifts of securities or real estate, a donor is entitled to a charitable deduction for gifts of tangible personal property (e.g., works of art, rare books, stamp or coin collections, etc.). The extent of the allowable deduction for a gift of such property held long-term is dependent upon the so-called standard of "related use."

Here's how the standard is applied:
If the use of the contributed property is related to the exempt purposes of the charity (e.g., rare books to the library, a painting to the galleries, etc.), then the donor would be entitled to a charitable deduction for the full fair market value of the property, subject to the 30% ceiling and carry-over.

If the use of the contributed property is unrelated to the exempt purposes of the charity (e.g. stamp collection to a hospital to sell and use the proceeds), then the donor would be entitled to a charitable deduction only for his or her basis in the property.

One other note - if the donor is the creator of the contributed tangible asset, then his or her deduction is limited to the actual cost in producing the asset.