Recurring Gifts represent a Donor's commitment to providing regular, ongoing support for your organization. It's common to think of this specifically as applying to monthly giving, but recurring gifts can also include quarterly payments, annual support, or even bimonthly donations. Often, recurring giving involves automatic payments via a credit card or bank transfer/e-check, but a recurring donor may choose to regularly send checks instead.
Recurring gifts, especially automatic monthly donations, are increasingly popular, as they provide a steady stream of reliable revenue. However, it is important to note that a recurring gift does not represent a binding or long-term commitment from a donor. A recurring gift may end at any time (most often, they end when a donor's credit card expires) and there is no lump sum or total dollar amount committed by your donor.
To locate a Recurring Gift on a Contact record, select the "Gifts" tab. The "Recurring Gifts" section is located on the right side of the page.
To learn more about creating and managing a Recurring Gift, check out this Support Article.
To learn more about modifying a Recurring Gift, check out this Support Article.