Purdue University

Giving to Purdue

University Development Office

Tax Information

Giving to Purdue can bring several tax advantages. Although you should always speak to your accountant or attorney regarding your taxes, this general information may help you make a decision about how or when to give.

Federal Tax Advantages

Contributions to the Purdue Foundation are deductible as charitable contributions within the limits of the Internal Revenue Code.

Choose one of the gift types below for additional information on federal tax advantages:

State of Indiana College Tax Credit

Indiana taxpayers may take a tax credit of half (50 percent) of their gift to Purdue. For a joint return, the maximum credit is $200 (based on a gift of $400 or more), and for a single return, the maximum credit is $100 (for a gift of $200 or more). The tax credit directly reduces the "bottom line" of your state income tax by reducing the amount you owe in taxes. All it takes is your gift to Purdue and one simple form, the Indiana CC-40.

Download the CC-40 form here.