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• 400 Club
• 400 Club Board of Directors
• 400 Club Tax Benefits
• University Development Office — How to Give
• License Plate Program

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400 Club Tax Benefits

In addition to rewarding an exceptional student or helping a student in financial need, Indiana residents will qualify for the Indiana Tax Credit. Your donation may also qualify as a charitable donation on your Federal Income Tax. Contact your tax advisor.

• The credit is available even if you are a taxpayer who does not itemize deductions on the federal return.

• The tax credit directly reduces the "bottom line" of the state income tax return, either decreasing the amount owed or increasing the refund.

• For a joint return, the maximum credit is $200 (based on a gift of $400 or more); for a single return, the maximum credit is $100 (for a gift of $200 or more).

• Other rules apply, so read the CC-40 instructions carefully or consult your tax advisor.

• The CC-40 tax form is available at locations that stock other Indiana tax forms. Also, you may download the form on the internet at www.in.gov/dor/taxforms or call Purdue at (765) 494-7624 to request a CC-40 form.