Legacy Giving is DBC's estate giving program through the Dunwoody Baptist Church Foundation. The Foundation was established nearly 40 years ago by Dunwoody Baptist Church (DBC). It is a 501 (C) (3) corporation, which funds God’s work at home and around the world.
In 1983, the Cecil B. Day Family committed a sizable donation to DBC with a vision of expanding God’s Kingdom around the world through Missions. The funds received were transferred to the Foundation to be invested and administered. Since that time, the Foundation has contributed approximately $7 million to mission activities and impacted thousands of lives in Atlanta and in countries around the world.
DBC has established a rich history of giving, owing largely to the vision and commitment made long ago by the Day Family. During 2014, DBC celebrated its 50th Anniversary, and we were reminded over and over again of how God had blessed our church. We paid tribute to our beginning and now we begin to celebrate the future and where we are going—with a renewed commitment and dedication.
We invite you to participate in God’s efforts here and around the world by making a Legacy Gift to the Foundation. Join us in opening our hearts to our community and to the world. Let’s make the next 50 years an even more robust time for supporting God’s efforts. Such generosity will enable the Foundation to provide funds for missions, capital improvements, community outreach and ministries that expand God’s kingdom.
Each one must give as he has decided in his heart, not reluctantly or under compulsion, for God loves a cheerful giver. 2 Corinthians 9:7
What is Legacy Giving?
Legacy Giving is DBC's estate giving program through the Dunwoody Baptist Church Foundation. Giving to the Foundation allows you to give a portion of your resources to DBC as you establish your plans in your wills and trusts.
For where your treasure is, there your heart will be also. Matthew 6:21
A Legacy gift is a present or a future gift, which provides benefits for years to come. Contributions can be given as an endowed or non-endowed gift to benefit DBC.
Contributions by will, trust, life income arrangements or other forms of written designation all represent forms of legacy giving. It can be as easy as naming the Foundation in your will or on the beneficiary form of your retirement accounts, pension account, life insurance policy, or through a more complex instrument like a charitable trust. Current gifts of cash, stock or other financial instruments are also welcomed.
Your gift may be unrestricted for the broad benefit of DBC, or your gift can be restricted for any approved need. Gifts of any size are accepted.
The Foundation is also a wonderful avenue for you to implement a tithing strategy into your future estate plans.
Examples of Funding Recipients:
- Specific ministries or programs within DBC, e.g., children, students, adults
- Missions (global and community)
- Capital projects / facilities
Be a Part of Legacy Giving
Legacy giving is generosity paid forward for the future. It is about planning well, giving wisely and receiving benefits and blessings in the process.
Establishing a planned gift brings immediate joy and long-term assurance that your gift will continue to support God’s work long after you pass into eternity.
We encourage you to explore the possibilities prayerfully. Your legal and tax advisers can help guide you. However you make such contribution, let your heart and the Holy Spirit guide your actions.
His master said to him, ‘Well done, good and faithful servant. You have been faithful over a little; I will set you over much. Enter into the joy of your master.’ Matthew 25:21
Who Manages the Foundation?
The Foundation is a legal vehicle created by DBC and is managed by a board of directors. Each board member is elected by the church and is a DBC Member and/or staff member, including our Senior Pastor.
This Board is charged with overseeing third party investment managers who professionally invest the donated funds into prudent well diversified instruments that provide long-term investment returns. The Board evaluates needs and oversees disbursements.
They are to do good, to be rich in good works, to be generous and ready to share, thus storing up treasure for themselves as a good foundation for the future, so that they may take hold of that which is truly life. 1 Timothy 6:18-19
Instruments for Legacy Giving
Bequest by Will
The Foundation could be named as a beneficiary in your will. Your attorney would add a paragraph to your will that states, “I give and bequeath $___________ or ___________% of my estate to the Foundation.
The Foundation could be named as the owner and beneficiary of an existing or new life insurance policy.
The Foundation could be named as the full or partial beneficiary of your retirement accounts.
Charitable Remainder Trust
You could create a trust that would hold and invest an asset that would ultimately pass to the Foundation. Income from the investment of the asset is paid to the donor or other Beneficiary for life.
Charitable Lead Trust
Assets could be placed into a trust that would make payments to the Foundation for a specified term before the terminates. Upon termination of the trust, the assets would revert back either to the donor or to the donor’s heirs.
Cash or Stock Gifts
We are able to receive cash or stock gifts directly into the Foundation.