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Charity That Keeps On Giving

If a person performs a deed that continues to benefit others in a good way, the performer of the deed will continue to collect the rewards for her single act for as long as it benefits others (even after the person passes away). This is referred to as sadaqa jariyah or perpetual charity.
The Prophet said: “When a person dies the end of his work, except for three: ongoing charity, the knowledge that is benefited from, and a righteous child who prays for him.” (Muslim, Al-Tirmidhi, others)
The degree of the reward is dependent on the degree and significance of the benefit of the charitable act, and to what degree the charity was given for the sake of Allah.
Giving charity correctly is crucial to both the well-being of the needy as well as the ultimate happiness of the wealthy. The Prophet emphasized this principle repeatedly.

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“Give charity without delay, for it stands in the way of calamity.”

Shade on the Day of Judgment

The Prophet said: “The believer’s shade on the Day of Resurrection will be his charity.”
(Al-Tirmidhi)
On the day when all other shade will be gone, Allah will shade and shelter those who give charity and care for the poor. The Muslim’s sacrifice in this life will be their protection on the Day of Judgment.

A Protection From Calamity

By sacrificing part of one’s wealth and giving it in charity, the individual is guaranteeing protection for themselves from tragedy and misfortune. The Prophet said: “Give charity without delay, for it stands in the way of calamity.”
(Al-Tirmidhi)
It is considered better to give charity than to receive it. One should be wary of repeatedly soliciting and taking from sadaqa and zakat funds. Those who refrain from taking these funds (so that more will be left for the other needy) will be provided for by Allah and be made self-reliant by Him.
The Prophet said: “The upper hand is better than the lower hand (he who gives is better than him who takes). One should start giving first to his dependents. And the best object of charity is that which is given by a wealthy person (from the money left after his expenses). And whoever abstains from asking others for some financial help, Allah will give him and save him from asking others, Allah will make him self-sufficient.”
(Al-Bukhari)