Wednesday, November 28, 2007

Financing An Adoption!

In the past few weeks, we have been speaking a lot about issues related to adoption. We know that there are many children waiting for families, in the USA as well as in other countries. But what if someone seriously wanted to adopt a child, but felt that they wouldn’t be able to afford the adoption fees? If you don’t have a large nest egg built up, does that mean adopting is out of the question for you?
Actually, it doesn’t! There are many options available to help hopeful parents finance their adoption plan.
One option may be to take out a loan. There are a number of special foundations, as well as some banks, who will provide low-interest loans to families hoping to adopt. Here are a few:

A Child Waits Foundation gives low-interest loans to people in the process of adopting internationally. Loans are a maximum of $10,000, or 50% of the adoption cost of the family, whichever is lowest.

Oxford Adoption Foundation provides small loans to families in the process of adopting internationally.

ABBA Fund will provide interest-free loans, of whatever amount a family needs, to families in the process of adopting a child.

Old National Bank, and Chase Bank have Adoption Financing programs to provide low-interest loans.

World Association For Children and Parents provides small, low-interest loans to families adopting African American infants or children with special needs through their agency.

Another option is to apply for a grant… a donation of money, from an organization, which you will never have to pay back!

The National Adoption Foundation provides grants not only to parents in the process of adopting, but also to adoptive families that need help with their child-related expenses after a completed adoption!

Gift Of Adoption Fund provides grants to families in the process of adopting either internationally or domestically.

Shaohannah’s Hope provides grants to families hoping to adopt. Seems to give first priority to Christian families who are involved with their church.

A Child’s Desire provides grants to families adopting children over the age of eight, children with special needs, or other hard-to-place children.

If you are adopting a child who is in foster care in the USA, you may also be eligible for adoption subsidies that help pay for the expenses of raising the child even after you’ve adopted them, You may also be able to be reimbursed for adoption expenses you paid, after the adoption is made final.

If taking out a loan or applying for a grant doesn’t work for you, there are other ways to raise your own funds for adoption! This can be anything from standing up in church and asking for donations, to emailing your friends, relatives and acquaintances, to creating an elaborate fundraising program. Different people have gotten very creative with the fundraising process. Here are some ideas people have tried:

Collect empty baby bottles and distribute them to your friends, neighbors, acquaintances, co-workers, etc. Ask them to save up their pocket change in the bottles. They can then return the bottles, full of change, to you! You can also ask to be able to leave bottles, along with a flyer explaining the situation, at the front counters of local businesses.

Ask your employer to have a Casual Friday in which everyone must give you $5.00 for the privilege of dressing casually for the day!

Have a scrap-booking-athon. Get a scrapbooking store to donate supplies,provide snacks and drinks, charge scrapbookers $10 or so to come, and have an entire day of scrapbooking!

Sell your junk (or junk donated by your friends, family members and acquaintances) on Ebay! (Or do it the old-fashioned way and have a garage sale!)

Create a free website or blog. Include a Paypal button so readers can make donations!

Sell Adoption Teddybears through Anna Bears! (

The possibilities are limitless! If you have other ideas, or have tried different things, feel free to post them in the comments!

(PS... follow me to my new personal blog at !)

1 comment:

Shannon **Gabi's Mom** said...

Reece's Rainbow is another one. It assists with adoption of children from another country who have Down syndrome.