Supporting the Libraries
In order to meet the challenges of the new, dynamic information age, the support of Purdue alumni and friends is imperative in continuing our steps toward preeminence.
Where your gift is needed
There are many exciting projects underway in the Libraries. Here are just a few that would benefit from your gift.
- Dean's Unrestricted Fund
- Archives & Special Collections Renovation Campaign
- Archives & Special Collections general support for acquisitions and restoration
- Susan Bulkeley Butler Women's Archives
- Management and Economics Library Renovation Campaign
- Oral History
- PULSE Award scholarship
- Honor and Remember with Books
- Departmental Gift Funds
For more information on any of these specific projects, please visit our "Where your gift is needed" page. To make your gift now, click here.
Give to the Libraries Tax-Free from your IRA
New legislation enacted on October 3, 2008, contains a provision that allows an exclusion from gross income for certain distributions of up to $100,000 to Purdue University or the Purdue Research Foundation in 2008 and 2009 by individuals age 70 ½ or older from their traditional individual retirement accounts (IRAs) or Roth IRAs, which would otherwise be counted as income. It should be noted, however, that there is no charitable contribution deduction for the distribution.
This means you can make a lifetime gift and direct it to the school, college, or program of your choice using funds from your IRA without experiencing any undesirable tax effects. Without this legislation, you would have had to report any amount taken from your IRA as taxable income. You then would have received a charitable deduction for the gift, but only up to 50 percent of your adjusted gross income. Click here to learn more about this giving option!
Contact Information
Judith D. Schumaker, Director of Advancement
Purdue University Libraries, ADMN
504 West State Street
W. Lafayette, IN 47907-2058
(765) 494-7987
E-mail: jschumkr@purdue.edu
