Financial Assistance for Adoption
Here is some information on how adoptive parents can get some financial help.
The federal government offers an adoption tax credit of $ 10,000 to all adoptive families on qualifying expenses paid for a child's adoption. In addition to this some states offer an additional tax credit or income tax deduction for families that have adopted a child. For more information contact IRS at www.IRS.gov and look up publication # 968.
National Adoption Foundation
Provides secured and unsecured loans for adoption related costs. You can access their web site at www.nafadopt.org/loanprograms or call 888-627-8767.
Is an organization that helps adoptive parents that want to adopt special needs children, but have low income, and are working with Adoption Avenues, to receive grants for completing their adoption. For more information you may access their web site at www.theshepherdscrook.org
Cynthia and Randolph Nelson
The foundation can be viewed as providing a down payment towards the adoptive process. (Please take this part out we help families with the final fees)
Eligibility is based on financial need, with each case being judged individually. The maximum loans given are $10,000 with the interest rate set at 5%.
Military Non-Recurring Subsidy
For active duty adoptive parents the military will reimburse up to $ 2,000 on adoption expenses for one child and $ 5,000 for siblings. Parents need to file after the adoption is finalized and if they worked with a licensed adoption agency. They need to file form DD 2673 and see the Defense Finance Service Instruction 1341 or call 303-333-0845 for more information.
The Gift of Adoption
The Gift of Adoption Fund is a
non-profit foundation funding donations and fundraising events. Gift of
Adoption Fund is established to assist poverty stricken adoptive parents
by providing cash grants to subsidize a portion of the costs of
adoption. Grants are awarded on a monthly basis with sums ranging from
$2,000 to $5,000. The grants are available to single parents, families
with previous children, and prospective adoptive parents who are
adopting internationally, interpedently or through an agency. Applicants
may apply up to three times.
Foundation is a non-profit 501(c) (3) foundation that endeavors to help
internationally orphaned/abandoned children find forever families.
Bright Futures fundraises nationally to reduce the fees necessary to
adopt. Bright Futures is constantly working to raise funds to grant to
families who are endeavoring to bring home waiting children
Families can apply to this foundation
for an outright grant. The grant program is open to all legal adoptions
including public or private agency adoptions, international, special
needs or adoptions facilitated by an attorney. There is no income
requirement. There is a simple one-page application and the only
requirement to apply is a home study, or one in progress. The
Foundation's board meets four times a year, during the last week of each
quarter, to award grants in amounts ranging from $500 to $4000.
This site consists of a
list of corporations who give grants for adoption contract.
Additionally, the NACIP offers material on how to get employee incentive
programs related to the adoption process. For more information on this
This program is for Washington state
residents only. Ibsen Adoption Network is a private non-profit
organization. There soul purpose is to create a network and to generate
funds that will provide financial assistance, educational and emotional
support to families adopting waiting children. The Allocation Committee
meets twice a year to consider assistance requests for small grants of
$1,000 for waiting children.
The Chinese Daughters Foundation will award two to four mini-grants for a total of $1,000 annually. The purpose of these mini-grants is to support activities and events which provide Chinese Cultural programs to adoptive families or support single persons adopting children from China in the pre- and post-adoption process.
RELIGIOUS BASED PROGRAMS:
God's Grace Adoption Ministry Inc. was established as a non-profit organization to help provide needy children of the world with Christian families by helping adoptive-parents overcome the financial burden of adopting children. It is the belief of this corporation that the placement of children into Christian homes ministers to a child's physical and spiritual well being. As such this corporation prioritizes families that are a two parent home. Christian families are a must; however the income level must below 60,000. Families with previous children are welcome. Application available online.
A Child Waits Foundation is a non-profit charitable foundation with a simple goal: to reduce the number of international children who are not adopted because prospective parents do not have the savings (finances) to pay for the total cost of the international adoption. This foundation helps parents with costs by making low interests loans which cover a portion of the adoption fees. The foundation can be viewed as providing a down payment towards the adoptive process. Eligibility is based on financial need, with each case being judged individually. The maximum loans given are $7,000 for one child -$10,000 for two children with the interest rate set at 7%.
For more information on international adoption please feel free to call or e-mail us at email@example.com
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