Creative Resources to Make your Adoption Affordable

The number one reason otherwise qualified familiesSale. You might also make up flyers to pass around
state for not moving forward in theiradoption isat church, local schools, and work.
because of funds. They are ready to love a child" Adoption Grants - Though you may not be aware
through adoption, but are unable to adopt the childof them, there are some grants that perhaps may
that they have always wanted due to moneyhelp with some of the expense of adopting a child.
concerns. As sad as this is, we faced the same thingMany of these grants will help cover international
20 years ago and found if there is a will there is aadoptions, or adoptions of special needs adoptions.
way.Most grants range from $2,000 - $5,000, but can go
Adoptions can be expensive, running from aroundmuch higher if you fit the requirements. Often, these
$12,000 to $25,000 for home studies, agency fees,grants are need-based. Some are faith based - a list
legal representation costs, facilitation fees and travel,isincluded the book Adopting Online found online or
among other items. What many people don't realize isyou may request a copy from your library. African
that there are alternatives for adoption funding.American Adoptions offers grants for African
Most people don't think twice about signing loanAmerican infant and older child adoptions to qualifying
papers for a car, but don't want to do the same foradoptive parents
an adoption. An adoption will last longer than the car" Adoption Loans and Lines of Credit - Loan
and give more joy over a lifetime. The followingprograms geared toward adoption are another
information is to help you find a way to get startedalternative many prospective adoptive parents are
sooner than later and find a way to adopt no matterunaware of. An adoption loan makes it possible to
what your financial situation is.have the money needed to adopt a child now. It also
Getting creative with funding is the key to financingallows you to repay the loan in payments. A line of
the adoption you've been dreamingabout. Workingcredit can be even better, as you only borrow when
toward adding a child to your family may not beyou need it. This is a great idea if you simply do not
easy, but it will be wellworth the effort taken to findhave a large amount of cash on hand to fund an
these resources. Some families are finding throughadoption, and payments would make adoption a
these suggestions they are able to adopt for free orgreat deal more affordable and allow you to get
for less than they had ever expected. Rememberstarted faster. You might also ask your parents for a
you get out what you put in, so the more researchloan to help you adopt. Depending on the relationship,
you do, the better you will be at finding money forthis might be the best way to get started and pay
your adoption.your adoption loan back. Visit Adoption Financing
" Employer's adoption benefit - The first thing youInformation, they have more than one program and
want to check into is your employee adoptioncan also help families with less than perfect credit.
benefit- this is becoming more popular and more small" Plan a Fundraiser - some families have successfully
and medium size companies are offering some typeplanned a Spaghetti Feed at their church. You might
of adoption credit for their employees. For example,ask for donations of food and plan a silent auction
Verizon has a $10,000 adoption benefit, and Pepsi hasfrom local businesses that want the extra exposure.
a generous adoption benefit as well. Small companies" Set up an "adoption walkathon" - ask friends and
have found tax benefits to offering these adoptionfamily to pledge a dollar per mile to help bring your
incentives to their benefit package - ask your Humanchild or baby home through adoption.
Resource Dept fordetails. Or visit Adoption-FriendlyFor any successful fundraiser, be sure to contact the
Workplace Program. They offer free materials tolocal press, including radio stations for interviews and
helppeople advocate for adoption benefits in theirto post your event on and in flyers at local schools,
workplace. Call 877-777-4222 for details.churches, businesses and remember to let friends and
" The Federal Tax Credit is over $10,000. To learnfamily members know.
more about this credit, visit Let's Talk Adoption forThere are several ways to raise the money needed
an audio interview with a Tax Specialist explaining thefor adoption if you are creative. Having a yard sale or
details about the adoption tax credit and what youraising money through online auctions may not seem
can and can't deduct. Or, visit IRS for forms.like it would bring you a lot of help, but it will. One
" Savings- sounds simple, but you have to startmother I helped raised over $1,200 on one garage
somewhere and it will help motivate you to add to it.sale and over $2,500 on her online auctions. Two
If you have made the decision to adopt, start savinghours per night is all it takes to sell in online auctions.
money right away; the sooner the better. JustAn exceptional amount can be raised if friends and
cutting back on Starbucks lattes can help - at $5 afamily donate items to your cause. You might be
day you can stash enough to get you started.surprised at how the extra items can make a
" Raising Money With Online Auctions - Go throughdifference.
your garage, attic and house for treasures andAny amount helps, and if you still find yourself short
unused items that you have stowed away andof what you need, there are grantsand loans to help
forgotten about. Ask friends for donations of itemsyou obtain the money you need.
they don't want. Run a free ad to ask for donationsRemember the tax credit and employer benefits -
for funding your adoption. Selling these online throughthese are the first to investigate.
auction can aid you in raising a good amount ofWith a little foresight and planning and the many
money. Try Ebay or Craigs List.adoption funding options available today, the average
" Have a Yard Sale - Whatever you cannot sell online,family has a chance to bring the light of love into
you may be able to sell at a yard sale. Ask relativestheir home with the adoption of a child. Families are
and friends if they have any old usable items thatable to adopt for much less than they might have
they can donate toward your "Adoption Yard Sale."thought. There are so many children out there that
Two hopeful adoptive mothers I know createdneed the warm and secure home you have to offer;
banners to hang over their garage - stating theywhy not take advantage of every funding alternative
were funding their adoption and neighbors and otheravailable to you?
community families donated boxes and also boughtCompleting your family circle with an adoption will
at top dollar tohelp them. Be sure to keep your signssoon be more than just a dream!
all looking the same and mentioning Adoption Garage