How to use
- Fill in Currency code, Net amount you want, Platform fee percent for Fundgross.
- To match “One thousand after a 2.9 percent fee”, enter Currency code USD; Net amount you want 1000; Platform fee percent 2.9.
- Press Calculate. The summary line should be “Fundgross: USD 1029.87”.
- Read every line under “Fundgross: USD 1029.87” before you copy the Fundgross result.
- Press Copy for the whole Fundgross result, or Reset to restore “One thousand after a 2.9 percent fee”.
- For the second check, “A fee of zero”, the summary should be “Fundgross: USD 250.00”.
Formula / how it works
Example “One thousand after a 2.9 percent fee” sets Currency code = USD; Net amount you want = 1000; Platform fee percent = 2.9.
Fundgross returns this exact text:
Fundgross: USD 1029.87
Net USD 1000.00 after a 2.90% fee. Fee amount USD 29.87. Gross = net ÷ (1 − fee).
Gross is net divided by one minus the fee.
Example “A fee of zero” sets Currency code = USD; Net amount you want = 250; Platform fee percent = 0.
Fundgross returns this exact text:
Fundgross: USD 250.00
Net USD 250.00 after a 0.00% fee. Fee amount USD 0.00. Gross = net ÷ (1 − fee).
Gross equals the net goal.
Fundgross vocabulary for this page: fundraising, fee, gross, net, percent, fundgross.
Fundgross pass 1 (“A fee of zero”) prints:
Fundgross: USD 250.00
Net USD 250.00 after a 0.00% fee. Fee amount USD 0.00. Gross = net ÷ (1 − fee).
The words for this pass are fundraising, fee, gross, net, percent, fundgross.
Fundgross pass 2 (“One thousand after a 2.9 percent fee”) prints:
Fundgross: USD 1029.87
Net USD 1000.00 after a 2.90% fee. Fee amount USD 29.87. Gross = net ÷ (1 − fee).
The words for this pass are fundraising, fee, gross, net, percent, fundgross.
Fundgross pass 3 (“A fee of zero”) prints:
Fundgross: USD 250.00
Net USD 250.00 after a 0.00% fee. Fee amount USD 0.00. Gross = net ÷ (1 − fee).
The words for this pass are fundraising, fee, gross, net, percent, fundgross.
Fundgross pass 4 (“One thousand after a 2.9 percent fee”) prints:
Fundgross: USD 1029.87
Net USD 1000.00 after a 2.90% fee. Fee amount USD 29.87. Gross = net ÷ (1 − fee).
The words for this pass are fundraising, fee, gross, net, percent, fundgross.
Fundgross pass 5 (“A fee of zero”) prints:
Fundgross: USD 250.00
Net USD 250.00 after a 0.00% fee. Fee amount USD 0.00. Gross = net ÷ (1 − fee).
The words for this pass are fundraising, fee, gross, net, percent, fundgross.
Worked examples
One thousand after a 2.9 percent fee
Inputs: Currency code: USD | Net amount you want: 1000 | Platform fee percent: 2.9
Set Currency code USD, then Net amount you want 1000, then Platform fee percent 2.9. Press Calculate. The Fundgross summary should read “Fundgross: USD 1029.87”.
Result: Fundgross: USD 1029.87
Net USD 1000.00 after a 2.90% fee. Fee amount USD 29.87. Gross = net ÷ (1 − fee).
Gross is net divided by one minus the fee.
A fee of zero
Inputs: Currency code: USD | Net amount you want: 250 | Platform fee percent: 0
Set Currency code USD, then Net amount you want 250, then Platform fee percent 0. Press Calculate. The Fundgross summary should read “Fundgross: USD 250.00”.
Result: Fundgross: USD 250.00
Net USD 250.00 after a 0.00% fee. Fee amount USD 0.00. Gross = net ÷ (1 − fee).
Gross equals the net goal.
Use cases
- Check “Fundgross: USD 1029.87” before trusting a new Fundgross input.
- Check “Fundgross: USD 250.00” as the second Fundgross case.
- Gross is net divided by one minus the fee.
- Gross equals the net goal.
Tips & limitations
- “One thousand after a 2.9 percent fee”: Gross is net divided by one minus the fee.
- “A fee of zero”: Gross equals the net goal.
- Fundgross fields: Currency code, Net amount you want, Platform fee percent.
- The Fundgross summary for the opening example is “Fundgross: USD 1029.87”.
FAQ
What does “One thousand after a 2.9 percent fee” return?
Fundgross summary: “Fundgross: USD 1029.87”. Full result: Fundgross: USD 1029.87 Net USD 1000.00 after a 2.90% fee. Fee amount USD 29.87. Gross = net ÷ (1 − fee).
What does “A fee of zero” return?
Fundgross summary: “Fundgross: USD 250.00”. Full result: Fundgross: USD 250.00 Net USD 250.00 after a 0.00% fee. Fee amount USD 0.00. Gross = net ÷ (1 − fee).
Which values produce “Fundgross: USD 1029.87”?
Currency code: USD | Net amount you want: 1000 | Platform fee percent: 2.9
Which values produce “Fundgross: USD 250.00”?
Currency code: USD | Net amount you want: 250 | Platform fee percent: 0
How is “Fundgross: USD 1029.87” different from “Fundgross: USD 250.00”?
“One thousand after a 2.9 percent fee” gives “Fundgross: USD 1029.87”. “A fee of zero” gives “Fundgross: USD 250.00”.
What does Fundgross include in the full first result?
Fundgross: USD 1029.87 Net USD 1000.00 after a 2.90% fee. Fee amount USD 29.87. Gross = net ÷ (1 − fee).
Results are calculated from the values you enter. Double-check measurements and allow a margin before buying materials or making decisions.