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John Purdue Club
The official fundraising and athletics alumni engagement organization of Purdue Athletics

Scholarship Endowments

Scholarship Endowments


Scholarship endowments are gifts held in perpetuity and invested in a manner that protects the principal from inflation. The investment income provides a stable funding source for Purdue Athletics to use for student-athlete scholarships. Not only will your scholarship endowment support the education of a student-athlete for years to come, but will provide immediate benefits to you.


Our John Purdue Club staff can help you choose the most beneficial gift asset and the best method for transferring it to the University in order to achieve your giving objectives. Endowment agreements, signed by the donor and Purdue, delegate to the University the responsibility of administering the funds according to the donor’s wishes in perpetuity.


The minimum to create a scholarship endowment is $50,000. The distribution is 4%.


Income — interest and dividends, less appropriate expenses, plus capital appreciation — is distributed semi-annually on May 1 and November 1. The distribution is a percentage of the average ending market value of the total endowment for the prior 12 quarters. Using a 12-quarter average protects the amount that is distributed from short-term fluctuations in the market.


Specific tax and financial benefits from your gift depend on what type of asset you give and how you transfer it to the University. You may be able to receive federal and state income tax benefits, avoid or reduce capital-gains tax liability, and qualify for estate or gift tax deductions. We recommend you consult with your attorney or accountant for advice on the legal and tax implications of any gift you might make.

For more information on endowments at Purdue University, click here.

John Purdue Club Athletic Scholarship Endowment Program