Funding Our Future
The "Funding Our Future" campaign is designed to raise funds in order to build the next generation worship space so that we can continue to fulfill our mission.
Funding Our Future Goal=$600,000
Get Behind The Vision
Thank you for your interest. Contact us by filling out the form and we would love to help you. You can also check our FAQS below
Frequently Asked Questions
DLC has been blessed with the current space as a temporary facility through December 2020. We are actively looking at a space that will allow us to fulfill our vision and mission. Please click on the link below to see the presentation provided at the Church Accountability Meeting on the mission and vision.
Leasing a facility remains an option if we cannot find a suitable building for purchase. However, it is DLC’s preference to purchase a building at this time for the following reasons:
- Buildout of a space requires a significant investment whether you purchase or lease a facility. Leases typically range between 5-7 years, which does limits the amount of investment that can be made in a facility due to the short term nature of the investment.
- Control over the use of the facility is often more limited with leased versus owned facilities.
- Each time DLC exits a leased facility there can be significant exit costs to return the leased facilities to the landlords desired state.
The range of properties that DLC is seeing in the marketplace range from $2M – $3M plus. Typically, lenders required 30% of the value of the loan as down payment. 30% of $3M = $600,000. Please click on the link below to see the presentation provided at the Church Accountability Meeting on the mission and vision.
No. The $600,000 are just the funds needed to acquire a property in Phase I of the program. It is conceivable that we will need to raise additional funds in order to complete a buildout of the acquired property.
Buildout costs range significantly depending upon if DLC is refreshing an existing church facility versus a complete retrofit from a commercial property to church that is fit for our purpose.
Funding Our Future represents contributions over and above your tithe amount. The $1,000 per member was given as an example to emphasize that the “Funding Our Future Campaign” is about equal participation not equal sacrifice. In order to meet this goal, each member will have to evaluate their commitment through consulting with family, financial advisors and God. DLC is asking members to search their hearts to determine how much they are willing to sacrifice for the vision; $1,000 is a significant sacrifice for some while $10,000 may represent sacrifice for others. Members should give in proportion to how God has blessed them.
DLC is asking each member to start submitting their pledge commitments starting March 1 and ending on April 1 so that we can develop a firm plan for presentation to the banks by mid-April.
Payments can be made either in lump sum or in several installments. The faster DLC can obtain the funds the more assurance that DLC can provide lenders regarding our ability to pay. For example, a $5,000 pledge can be paid in four (4) equal installments of $1,250 or a $5,000 lump sum.
The payment period for the campaign will run from March 1 through September 30. We would like to have members fulfill their pledges by September 30. If you need additional time please specify the date on your pledge card the date you expect to meet your commitment.
Payments can be made through any of the means currently available to pay tithes and offerings.
- If paying by check please indicate “building fund” or “Funding Our Future” in the memo section of your check and write the same on your offering envelope.
- If paying at discoverlifeGA.org please indicate “building fund” or “Funding Our Future” in the memo section.
No. There is no limit to the amount given. Any contributions made to the “Funding Our Future Campaign” are tax deductible as DLC is a not-for-profit 503 (c) entity. Please talk to your tax advisor about the IRS limits the amount of deductions that can be taken in one year.
Yes. Any contributions made to the “Funding Our Future Campaign” are tax deductible as DLC is a not-for-profit 503 (c) entity. This includes accepting matching contributions from your employer, if they have a matching program.
We will share the pledged amount and progress towards the goal every 30 days to ensure that the body is well informed. $100,000 per month would be the collection goal per month.