Could Amy give even more? — Lexicon Financial Group

What if Amy wanted the after-tax cost of her donation to be $5,000? How much more could she afford to give?

It turns out, quite a bit.
If you like mathematics, the video on the right
(click to play, duration 1:20) will walk you through
the math behind the numbers. Note: we recommend playing the video in full screen to better see the illustration.
A gift of $9,130.11 would generate a tax credit of $4,130.11, for a total after-tax cost of giving of $5,000.
That’s over 82% more than can be donated!