Every single dollar stewarded at Watermark is part of the “missions budget,” strategically deployed to advance God’s mission here and around the world.
We don't “pass the plate” but that’s not because there isn’t great need. In fact, we have more opportunities than resources at any given time. Rather, we believe this is the best way to facilitate joyful giving (2 Corinthians 9:7, Matthew 6:4).
Let us all prayerfully consider how we might continue to invest in this mission with our hearts and God’s possessions.
"Each one must do just as he has purposed in his heart, not grudgingly or under compulsion, for God loves a cheerful giver."
- 2 Corinthians 9:7
At Watermark, we believe the giving of our firstfruits is an act of worship, a way that honors God (Prov 3:9) while also living mindfully that ALL we own, not just what we give is the Lord's (Psalm 24:1). God is a giver of eternal gifts (John 3:16, 1 Cor 2:12) and temporal (Dt 8:17-18, James 1:17) and when a follower of Christ freely and joyfully gives away their increase, whether it be money, possessions, time, or talents, they are imitating God. We are excited about your desire to give, not only because of how your gift will allow us to continue to be about our mission of being and making disciples, but also because of what your gift prayerfully communicates to the world about your heart and relationship with God (2 Cor 9:12-15) and how investing wisely benefits you (Acts 20:35, Luke 12:33).
If you would like to know how you can better handle your finances in accordance with God’s word, please visit our Moneywise ministry.
You can give online using the button below. ACH (checking account) is our highly preferred method of payment because it saves us money on fees, allowing the maximum dollars possible to go directly to ministry use. To give with ACH, you will enter an account and routing number.
Note: Debit cards are now a payment option as well. Credit cards are still not an available method.
During Weekend Services
Rather than pass a collection plate on Sunday during weekend services, we have decided instead to encourage members of our body to give as the Lord leads them by placing their gifts in boxes which we place near the entrances and exits.
Gifts can by sent by mail or dropped off at the Watermark offices at the following address: Watermark Community Church, Contributions, 7540 LBJ Freeway, Dallas, TX 75251
Donations of Stock or Other Assets
Stock or other assets may be donated to Watermark Community Church. Please notify Jennifer Bundren if you wish to donate stock or other assets. Stock may be donated to Watermark by transferring investments to our account at Fidelity Investments. Please notify Jennifer of any pending transfers so that we can be aware of any activity and handle it properly.
If you have participated with us financially this year, you can expect to receive an email acknowledgement of your contributions no later than January 31, 2019. If you have changed your physical address or email address in the past year, please let us know at email@example.com.
If you plan to make a tax deductible gift to Watermark for the tax year ending December 31, 2018, according to IRS rules, your contribution is effective when delivered. In order for your gift to be considered "delivered in 2018," it must be:
To give online, use the button below. Gifts can also be mailed to Watermark Community Church, Contributions, 7540 LBJ Freeway, Dallas, TX 75251.
All contributions to Watermark are applied to the General Fund unless they are designated to another fund.
Please note the Watermark offices will be closed from December 25, 2018 through January 2, 2019. If you have questions regarding year-end giving, please plan to get those answered by December 23, 2018 by emailing firstname.lastname@example.org.
If you are choosing to make a financial gift, your gifts can be designated for to the General Fund, which supports the day-to-day ministries and church support services, or to a campus specific the Building Fund, which supports building and development opportunities across all of our campuses. Gifts that are not otherwise labeled will be accounted for as a gift towards applied to the General Fund.
Giving to Our Ministry Partners and/or Other Designated Funds
You can give to certain ministry partners and/or to special funds special opportunities through one of Watermark's "designated funds." Giving through a designated fund can often be more strategic than giving to a ministry partner as an individual donor. When you give this way, 100% of your donation goes to the ministry partner, but it also allows Watermark to strengthen our partnerships, ensures funds are deployed strategically, reduces administrative burdens for our partner ministries, and shifts attention away from individual donor relationships to church partnerships.
To give to a designated fund, write the name of the ministry and/or fund in your check's memo line. We're unable to process payments online for designated funds. Designated funds include:
Giving Toward International Discipleship Efforts
To give toward an international outreach/discipleship trip led by Watermark, please contact email@example.com. You may also contact the individual requesting support for further instructions.
What is our budget allocation?
84% goes directly to Kingdom work, including all midweek and weekend ministries, our ministry partners (local and international), conferences and other strategic investments in churches locally and around the world, and our staff.
16% of our budget goes toward operating, maintaining, and developing the facilities at our four campuses, which are used all throughout the week.
How are budgets created, approved, and managed?
Each ministry builds their budget from zero every year, evaluating what we should keep doing, start doing, and stop doing. Each new budget is reviewed at three levels:
We have processes that track every dollar in and out of Watermark, with monthly reporting for each department. Our financial statements are audited by an outside firm annually to ensure accuracy and accountability.
Why don't we pass the plate at Watermark?
It’s not because there isn’t a need. We believe this is the best way to facilitate joyful giving (2 Corinthians 9:7, Matthew 6:4). Anyone can send checks by mail, give online, or place gifts in the giving boxes across our campuses.
Does the budget change every year?
Our overall budget grew by 6% from last year. Watermark’s attendance has grown by an average of 10% annually. The only way our budget is maintained or can increase is through the generous giving of our body. We continually look for ways to use funds more effectively, cutting budgets where cost-saving opportunities are found. If additional staff seems necessary to support growth, there is a rigorous process to vet all requests before they are approved. Our actual spending has consistently been less than budgeted. Any extra funds are put toward reserves and other strategic priorities.
How does Watermark prepare for the unexpected?
Given that our economy cycles over time and we could be impacted in a downturn, we see wisdom in maintaining some reserves for the unknown. In accordance with the direction of our Business Advisory Team, we target setting aside funds to cover three months of operating expenses, along with a reserve account to fund repairs as needed to our facilities.
What significant opportunities are ahead for Watermark?
These projects cannot begin until the necessary resources are provided by our body.
How do I get more information?
We regularly meet with Members to discuss our budget and answer questions. Please email us to set up a meeting.