Christmas with the Summit at DPAC

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Impacting Lives for Eternity
God owns it all.
Psalm 24:1; Psalm 50:10-12
God calls us to steward what he has entrusted us with.
Matthew 25:14-30
God calls us to give him our first and best.
Genesis 4:3–5; Proverbs 3:8-9
God modeled generosity for us by giving his one and only son, Jesus, to die in our place.
John 3:16; 2 Corinthians 8:9
God calls us to test him in generosity and that he will provide exactly what we need.
Malachi 3:10–11; 2 Corinthians 9:11

Give Online

Online giving is a safe and easy way to invest in all God is doing at the Summit to create a movement of disciple-making disciples in RDU and around the world.

Give Now

Automate Your Giving

Setting up a recurring gift is a great way to consistently put God first in your finances. Recurring giving is easy and takes just minutes to set up. Simply choose your schedule and amount to automate your giving today with these instructions.

Set up Recurring Gift

Text to Give

You can give anytime from anywhere with a single text. Simply text "Give" to 33933.

The Path of a Dollar

At The Summit Church, we use all that God has given us for all that God has called us to.

Give Today

Best Way to Give Electronically

The chart below shows the processing fee associated with each method of giving.
RECOMMENDED

Electronic Bank Transfer

0.20%

PER TRANSACTION

Debit

1.91%

PER TRANSACTION

Credit

1.91%

PER TRANSACTION

Credit

2.90%

PER TRANSACTION

Other Ways to Give

Check or Cash

You can always give by check (made payable to The Summit Church) or cash. We have a time of giving during each weekend gathering, or you can mail your gift to:

The Summit Church
Attn: Contributions
2335-114 Presidential Drive
Durham, NC 27703

If you choose to give cash, please consider placing it in an envelope with your name and mailing address so we can properly account for it and ensure you are eligible to deduct it on your taxes.

Estate Planning

You may designate The Summit Church-Homestead Heights Baptist Church, Inc. to receive all or a portion of your estate after your lifetime. This type of giving may be accomplished through:

Will or Trust

You can name The Summit Church-Homestead Heights Baptist Church, Inc. in your will or trust as a beneficiary, and your estate may receive an income tax deduction for the value of your bequest. Consult with your estate planning attorney and your financial and/or tax advisor to analyze your particular situation and confirm benefits. You can also learn more at one of our upcoming Estate Planning Seminars.

Retirement Accounts

You can name The Summit Church-Homestead Heights Baptist Church, Inc. as a beneficiary of your IRA, 401(k), or other qualified retirement plans. Any amounts remaining in your plan, free of income and estate tax, will transfer to the Summit. Consult with your financial and/or tax advisor to analyze your particular situation and confirm tax benefits.

Life Insurance

You can simply name The Summit Church-Homestead Heights Baptist Church, Inc. as beneficiary of part or all of your life insurance policy. You can also choose to make the Summit the owner of a life insurance policy that is no longer needed. When the Summit is made owner, you may receive a tax deduction for the amount of premiums you continue paying each year. If the policy is whole life, you may receive an immediate tax deduction for the cash value amount. Consult with your financial and/or tax advisor to analyze your particular situation and confirm tax benefits.

Stocks and Mutual Funds

Giving appreciated stocks and mutual funds is a great way to maximize your giving because you receive an immediate income tax deduction for the full fair market value of securities you transfer that you’ve held for at least one year. In addition, you pay no capital gains tax on the difference between your cost and the fair market value. Consult with your financial and/or tax advisor to analyze your particular situation and confirm tax benefits.

How to Give

  • To improve efficiency, the Summit has partnered with the National Christian Foundation (NCF) to process gifts of marketable securities, such as stocks, mutual funds, or bonds, directly.
  • If you’d like to give a stock, mutual fund, bond, or marketable security gift, please follow these instructions.
  • If you are interested in giving restricted securities, stock options, or matching gifts from your employer, please contact Kathryn Williams or call (919) 438-0350.

IRA Qualified Charitable Distributions

If you are over 70-1/2 years old, then you may distribute directly from your IRA to The Summit Church up to $100,000 and exclude the contributed amount from your gross income for tax purposes. This amount can be counted towards the IRA’s annual required minimum distribution. Consult with your financial and/or tax advisor to analyze your particular situation and confirm tax benefits.

Here are a few articles that explain the process:

Auto Bill Pay

Many banks offer their customers the ability to setup a recurring bank draft from your account mailed directly to a recipient (such as the Summit). If interested in this low-cost giving option, please contact your bank to set up a recurring gift to The Summit Church as a new payee.

The Summit Church
2335-114 Presidential Drive
Durham, NC 27703

Real Estate or Non-cash Assets

If you’d like to discuss a possible gift of real estate, a trust or retirement account, credit card rewards points or airline miles, or another unique gift, please contact our pastor of stewardship and generosity, Blair Graham, at bgraham@summitchurch.com or (919) 383-7100.

Financial Accountability

The Summit Church is accredited by the Evangelical Council for Financial Accountability, which requires high standards of biblical accountability, board governance, financial transparency, integrity in fundraising, and proper use of charity resources.

We desire for the financial integrity of the Summit to remain above reproach. In these practices and in all that we do, we strive to honor God’s provision by pursuing wise and faithful stewardship, ethical business practices, and transparent accountability.

View Our Financial Policies
2022 - 2023 Budget Overview
View
Quarterly Financials 9/1/2022 to 5/31/2023
Actual Budget
Tithes and Offerings $36.9M $33.1M
Operating Expenses $22.3M $24.5M
Annual Financials as of Aug. 31
2022
Tithes and Offerings $52,630,598.00
Mission Trip Giving $887,206.16
Program, Support, Rental, Other Income $2,795,795.00
Operating Expenses $34,101,981.00
Mission Trip Expenses $899,423.82
Operating Cash $16,215,594.00

The Summit Church ended the fiscal year exceeding our revenue targets. Our tithes and offerings were $52.6M compared to a budget of $36.4M. Ministry programming expenses were $24.5M compared to a budget of $26.9M. We exceeded our growth and expansion fund goal with actual funds of $26.2M compared to a budget of $9.5M which allowed us to complete construction of our North Durham permanent campus, launch a new mobile campus in Fuquay-Varina, as well as progress towards the construction of our Alamance permanent campus. Our balance sheet remained strong with cash of $16.2M, long-term debt of $7M and total net assets of $79.3M.

Online Giving Questions

Setting up a recurring gift is a great way to consistently put God first in your finances. Recurring giving is easy and takes just minutes to set up. Simply choose your schedule and amount to automate your giving today. Find step-by-step instructions here.
You can easily modify the amount of your existing recurring gift or cancel it through our online giving system. Find step-by-step instructions here.
We recommend an electronic bank transfer to maximize your gift. Below are the fees that Summit pays for various payment methods.
  1. Bank Account (0.20%)
  2. Debit Card (1.91%)
  3. Credit Card (1.91%)
  4. AMEX (2.90%)
You can quickly access your giving history to The Summit Church on our website. You can easily pull a copy of your annual giving report by following these step-by-step instructions here.
It will take a few days for all payments to be processed, but if all the information was entered correctly, you should see a draft in your account on the day that you scheduled your payment. If you do not see it within a few days of the scheduled payment, your transaction may not have gone through. If this is the case, we will contact you to let you know that your transaction was not successful.
If you choose to make an online donation to our general fund (through tithes or offerings), we ask you to select which campus you attend. All of the money goes to our general budget (not to a campus-specific budget). The campus designations are for our own records to track campus giving.
Your information is held securely in our secure servers. Your information will remain private and will never be given away to third parties, other than to process your scheduled contributions. You can schedule new contributions at any time and modify or cancel those contributionsat any time prior to the date they are scheduled. If you have any problems or questions related to this, please contact us.

General Giving Questions

Yes, we will mail annual contribution statements at the end of January. Statements will also be made available online during the month of January. To confirm your mailing address, login to your account or email us.
We are focusing all of our generosity – tithes, offerings, and gifts – into one fund. This is a single fund that will provide the resources needed to grow our current ministries, bless our community, expand current campuses and launch new ones, and increase our role in church planting both here and around the world. If you have any questions, please contact the Accounting Office or call (919) 354-5987.
Please allow five to seven days for all donations (online, cash, check, weekend service, or by mail) to clear your account. If you do not see that your gift has gone through after one week, please contact us. or call (919) 354-5987 so that we can investigate the issue. Please note that stock gifts might take a bit longer. We currently work with the National Christian Foundation to process each stock donation.
Yes, you can. Place your cash in a sealed and clearly marked envelope with your name, address, and contact information.
Please review our refund policy here and contact us if you have further questions.
Please email your general giving questions or contact the accounting team at (919)354-5987.