Building the University Endowment is a top priority for several reasons.
One of Five Income Streams
Like all public universities, Purdue builds its budget from five income streams: tuition and fees, sponsored funding, internal reallocations, state funding, and private giving. Since the 1980s, state support has accounted for a steadily decreasing percentage of the overall budget. This trend makes private gifts even more critical for Purdue’s ongoing excellence.
Indispensable to Excellence
Endowment gifts from alumni and friends enable Purdue to offer a scholarship to an exceptional student, attract an outstanding professor, buy equipment, enhance a library — small things in the big picture, but indispensable to excellence.
A Secure Source
Because endowments are held in perpetuity and invested for the long term, these gifts provide one of the most secure sources of future revenue.