It is possible to invest in WEAVE’s lifesaving work while reducing your taxable income. You can give through an Individual Retirement Account (IRA) .

What You Need to Know to Make a Gift from your IRA Account to WEAVE:

• Gifts can be up to $100,000 and can be from either a traditional or Roth IRA.

• IRA distributions to WEAVE are excluded from your taxable income and satisfy your required minimum distribution for the current year.  There is not an income tax deduction for the transfer – the amount is just not included in your income.

• Gift must be initiated by your IRA Administrator and be made before December 31.

• Spouses and partners can also make a gift from a separate IRA account.

• A sample letter to send to your IRA Administrator can be found here.