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IRA Rollover Gifts

The IRA Charitable Rollover is now permanent!

How you benefit

  • The amount will count toward your required minimum distribution (RMD) and will not be included in your taxable income.

How it works

  • Taxpayers age 70 1/2 years or older can donate up to $100,000 per year, with the gift coming directly from the account trustee to Purdue University.

Questions?

Contact Jeanne Butler at jlbutler@purdueforlife.org.

Additional information

On December 18, 2015, the U.S. Senate passed the Protecting Americans From Tax Hikes Act of 2015 (“PATH”), permanently allowing IRA transfers to qualified charities free of federal income tax. Qualified IRA account holders can now donate directly from an IRA to Purdue to help future generations move the world forward.

Patsy J. Mellott

BS College of Health and Human Sciences, 1969
Fishers, IN

Patsy earned a bachelor’s degree in food and nutrition in business from Purdue in 1969, in addition to an MBA in food marketing from Michigan State University in 1970. She retired from Kraft Foods in 2006 after 36 years in corporate food marketing and marketing communications management.

A community volunteer, Patsy serves on the Women’s Fund of Central Indiana Advisory Board and the Purdue College of Health and Human Sciences Dean’s Leadership Council, in addition to the President’s Council Advisory Board. She is a former member of the Health and Human Sciences Alumni Board. Patsy held several offices from 2006 through 2013, including president and treasurer. She serves her community’s Discover Indianapolis Club in Fishers, holding several leadership roles for over 10 years.

Patsy has received several honors, including the Purdue University Nutrition Science Department Hall of Fame recipient in 2009 and the Purdue University College of Health and Human Sciences Distinguished Alumni Award in 2016. She also received the college’s Gold and Black Award in 2016, an honor reserved for donors who have moved the college forward by committing exceptional financial resources.

In addition to endowing two scholarships, the Patsy J. Mellott Scholarship and Patsy J. Mellott HHS Scholarship, she established the Patsy J. Mellott Teaching Innovation Award in the College of Health and Human Sciences in 2013. In 2015, she endowed the Patsy J. Mellott Women’s Tennis Coach Performance Award. She is a lead donor in the Christine M. Ladisch Faculty Leadership Award and the Purdue Women’s Network Virginia C. Meredith Scholarship for the College of Health and Human Sciences.