Office of Advancement
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How to Make a Gift
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.
Thank you for your interest in making
a gift to Purdue University North Central. There are many opportunities and ways to support our
campus.
Please contact us if you would like
additional information for other areas of support.
Cash, Check or Credit
Online
Memorial and Honorary Contributions
Endowments
Planned Gifts
Property
Stocks and Other Securities
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.
Online
You may make a gift to Purdue University North Central online by accessing the Purdue West Lafayette-secured giving site and designating the gift to Purdue North Central. First, you will need to select an account if going through Purdue West Lafayette. We are located further down the list. However, if you click the below button, it will automatically designate Purdue North Central for you. Second, you may select a fund. Please remember to specify a fund in the notes section if your designation that is not listed. If you select Purdue North Central and don't specify a fund in either location, the donation will go to the Chancellor's Fund, where it can be used as needed.
PNC Employee Payroll Deduction Form
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.
Stocks and Other Securities
Stocks and mutual fund gifts are another way to give to Purdue University North Central. Not only is the gift tax deductable, but you may also avoid capital gains tax on the security. Click on the type of stock or security gift you want to give for details.
Contact Us
PNC’s continued evolution greatly depends on your financial support and friendship. For more information about giving to Purdue University North Central please contact us:
Mailing Address:
Purdue University North Central
Office of Advancement
Technology Building, Room 101
1401 South US Highway 421
Westville, IN 46391
Email:
giving@pnc.edu
Contact Numbers:
Toll-Free in Indiana: (800) 872-1231 ext. 5697
La Porte/Westville: (219) 785-5697
Valparaiso/Portage: (219) 462-4197, ext. 5697
Fax Number: (219) 785-5677
Office Hours:
Monday – Thursday: 8:00 AM – 5:00 PM (CST)
Friday: 8:00 AM – 4:30 PM (CST) |
