X Company realizes the importance of being a good corporate citizen and makes generous contributions to worldwide charitable organizations. For the current year, X Company wants to contribute $1,500,000 to various charities. Based on prior year's tax laws, if JIM's taxable income before charitable contributions is $11,500,000 in the current year.

Calculate the charitable contribution allowance for the current year.

Provide a recommendation to X Company management regarding the tax implications of this contribution.