Lyric discussion by jmfan11 

Cover art for The Gift lyrics by Angels and Airwaves

I don't know what this song is about exactly, but some of it seems to have a lot of religious significance. For example the chorus:

And now, I'll stop the storm if it rains I'll light up a path far from here I'll make your fear melt away And the world we know disappear

Seems like the first line refers to the story of Jesus calming the storm on the sea with the apostles. Second line just refers to Jesus as a symbol of light, lighting the way to Heaven, The third line seems to refer to the whole "Do not be afraid" thing, and that you can always feel safe with Him. And the last line I think refers to the end of the world and the Final Judgement

Lastly, I think the title of the song "The Gift" simply refers to Jesus as God's gift to the world. The verses don't really match up with this interpretation, but it just seems like the chorus is all about it.