Yes, but if you have a $100m tax bill, you would need to donate more than that to offset the taxes. Assuming a 33% tax rate, you would need to put $300m into a

Yes, but if you have a $100m tax bill, you would need to donate more than that to offset the taxes. Assuming a 33% tax rate, you would need to put $300m into a foundation to zero out $100m in taxes.