How Monthly Giving Works

How It Works

• 1. Choose your total

  Decide how much you want to give.

• 2. Pick your day

  Choose the day of the month your payment goes through.

• 3. Pick how often

  Once a month or twice a month.

• 4. We split it for you

  Your total is divided evenly across the payments, and they run automatically.

An Example

Say you plan to give $1,200 over a year. Once a month, that is 12 payments of $100. Twice a month, that is 24 payments of $50. (Example only. Your amounts depend on your total and your start date.)

What to Know About the Federal Credit

• Timing

  Only gifts made on or after January 1, 2027 can count toward the federal credit. Plan your total around the calendar year, since the credit counts gifts made during the tax year.

• Amount

  The credit is up to $1,700 per eligible taxpayer per year. Married couples filing jointly may qualify for up to $3,400 combined when each spouse makes qualifying contributions. You give during the year and claim the credit when you file, subject to applicable limits.

• Acknowledgement

  When you give, designate your gifts for the federal credit. The scholarship organization will provide an annual acknowledgment covering your qualifying monthly gifts, including your total contributions and unique donor number. Keep this with your tax records.

This is general information, not tax advice. A tax adviser can tell you how it applies to your situation.

Payments

• How you can pay

  Credit card, debit card, or ACH bank transfer.

• What you will see on your statement

  Fundraise Up is our payment processor, so your card or bank statement should show that name.

• Changing or canceling

  You can change your amount or date, pause, or cancel online.