| Dollars
and "Sense" of John Purdue Club Membership
Actual
Membership Value for Indiana Residents
| |
First
Team |
|
Captain |
|
| For
your membership gift, ... |
$200 |
|
$500 |
|
|
|
|
| you
receive benefits worth: |
|
|
|
| Indiana
income tax credit |
$100 |
|
$200* |
| Federal
itemized deduction for charitable contribution (assumes 28%
income tax bracket and itemized deductions) |
$56 |
|
$140 |
| Complimentary
Gold & Black Illustrated subscription and Football and Basketball yearbooks. |
$65 |
|
$75 |
|
| Actual
Value of Membership |
$221 |
|
$415 |
*Assuming
a joint return is filed.
As
you can see, it "pays" to join the John Purdue Club at
the First Team level, and a Captain-level membership "costs"
about $101.
|
