Adoption Finances: Many potential adoptive parents are discovering that adopting a child can put a serious strain on family finances. Fortunately, adoption can be an affordable option for families with careful financial planning.
Scholarships, grants, loans, employer benefits are just some of the ways to assist in the cost of adoption
If you would like to talk about adoption financing, please email Jaye Helm, Senior Vice President, Finance.
Also, check out our blog post on Adoption Friendly Benefits in the Workplace as well as Paying For Adoption Infographic.
Scholarship for Adoption
Domestic Infant Support Fund
The Domestic Infant Support Fund was originated to provide assistance to flexible families, reducing the costs and breaking down financial barriers associated with the adoption of infants or older children through the Gladney Domestic Infant Program. Each family must meet the program qualifications and those outlined in Support Fund Request before the request for a support fund may be submitted.
Benefits for Adoption
Employee Benefits Program
Many organizations offer their adopting employees benefits in the form of time off or financial assistance. Call your employee benefit office to check if your company is a participant. See if your employer is on the Dave Thomas Foundation for Adoption 2018 Best Adoption-Friendly Workplaces.
IRS Tax Benefits
Most families qualify for the Federal Adoption Tax Credit, available for up to $14,080 in adoption expenses per child; to be used to pay for adoption fees, court costs, medical care and other adoption expenses. Learn more by going to the IRS website. Contact your tax specialist to determine whether you qualify.
Whether it's selling t-shirts, having garage sales, or doing crowdfunding, there are many ways and opportunities to raise money for an upcoming adoption.
Watch how this family was successful in applying for and receiving the Domestic Infant Scholarship as well as creative adoption fundraising they did with the help of friends, family, and strangers.
Private Grants and Loans
This non-profit funding platform helps families raise money to pay for adoption costs. Check out how it works by visiting Adopt Together.
A Child Waits Foundation
A financial resource for those seeking loans for international adoptions and foster care adoptions. Their new Pilot Program for Domestic Adoption Grants is open to couples or singles adopting a child between the ages of 2-17, special needs children of all ages, and siblings groups. Apply today!
The Abba Fund
The ABBA Fund helps Christian families overcome the financial obstacles of adoption by providing interest-free loans that can be paid back over time. They also administrate Matching Grant and Interest-Free Loan Adoption Funds for churches at no cost to the church so that local communities can help their families with adoption costs.
America's Christian Credit Union
Adopting a child is a special event for the Christian family. While many financial institutions do not understand the unique situation surrounding the adoption process, ACCU choose to respond to those needs. As part of their continuing effort to "reach, serve and teach," they are happy to offer Adoption Loans.
American Academy of Adoption Attorney Family Formation Charitable Trust
Provides financial assistance to those individuals and nonprofit organizations seeking to build families through adoption and assisted reproductive technology. For more information and access to the grant application, please visit adoptionattorneys.org/aaaa/charitable-trust/applications-for-grant.
Anna Cheri Foundation
The foundation's mission is to inspire people to orphan care around the world through both adoption and adoption support. They will award a grant every year to a family who is selected. For more information, please visit inspiringorphancare.org.
Both Hands helps families fundraise for their adoptions. A family gathers a team of volunteers and Both Hands coaches them to coordinate a service project fixing up a widow’s home. Similar to a 5k race, the volunteer team sends letters to raise sponsorship for their day of service. However, instead of running, the team serves a widow in their community. bothhands.org
Families that are adopting domestically and have been approved by an agency or facilitator can apply for a grant. There is no income requirement.
The Tinina Q. Cade Foundation’s Family Building Grant provides up to $10,000 per funded family to help with costs of domestic adoption and medical fertility treatment. The only restrictions for applying are must have a diagnosis of infertility from your doctor and be a legal, permanent US resident.
Fund your adoption by forming a team to run a Chosen Ministry marathon. Registration fees from your team members are eligible to help fund your adoption. This funding is for Christian families.
Dream4Adoption is accepting applicants for grants for the home study phase of adopting families. This program seeks to fund up to $1,500 directly to the agency involved in your home study phase. When the adoption is finalized Dream4Adoption also gives grant recipients an additional $500 as a "Welcome Home" portion of the grant.
Provides adoption grants to qualified Christian adoptive families living in Minnesota, North Dakota or South Dakota who have been approved by a licensed child placement agency and who have been matched to a minority domestic infant (you do not need to be matched to apply, however, grant money awarded will not be dispersed until after placement).
At Frost, we are honored to have the opportunity to build a long-term relationship with you by offering Financial Adoption Assistance as you embark on this new chapter of your life. Having been in business since 1868, we not only feel confident in our ability to provide expert and secure financial services, but also in our commitment to conduct business in an honest and ethical manner. For more information on how Frost can provide Financial Adoption Assistance to you and your family, click here.
Gift of Adoption Fund
Give a child a home for a lifetime! Grants are awarded regardless of religion, race, age, marital status or sexual orientation.
God's Grace Adoption Ministry
GGAM seeks to help Christian families overcome the financial burden of adopting children.
Helping Kids Cope
Adoptive couple can be of any race and child to be adopted can be of any race, age or gender.
The Helpusadopt.org team is dedicated to helping couples/individuals overcome the seemingly insurmountable financial challenges that are associated with adoption.
It's A Child's Life Foundation
It's a Child's Life Foundation is a small non-profit organization based out of Ada, OK with a heart for helping in the areas of foster, adoption, mentoring and support for children.
Jewish Free Loan Association
Loans up to $35,000.
Katelyn's Fund - Orphan Ministry
Katelyn's Fund has been given the opportunity to provide grants to several Christian families.
Lending Club is the world’s largest online marketplace connecting borrowers and investors.
Lifesong for Orphans
Lifesong for Orphans encourages Christian couples to adopt a child by relieving some of the financial burden of international and domestic adoption. They provide Adoption Matching Grants from $1k-$4k per child, and also offer Interest-Free Loans up to $10,000. Contact them at firstname.lastname@example.org, or call 309.747.3556.
Adoption loans from $5,000 to $100,000
National Adoption Foundation
Open to all legal adoptions or non-related children and does not exclude private adoption, agency adoption, international adoption or special needs.
Oxford Adoption Foundation
Helps families adopt internationally by providing low interest loans to assist with the expenses associated with the international adoption process.
Pathways for Little Feet
Provides interest-free loans to qualified adoptive families who need financial assistance to finalize their adoptions.
Project Hope Ministries
Project Hope Ministries provides matching grants to Christian families that adopt older, special needs, or sibling groups from Colombia. The purpose of the match is to help encourage your friends, family, and church to give to your adoption. Please download a PDF version of the grant.
Link to pdf
Prosper.Com Loans in Partnership with Adoption.Com
Adoption.com is partnering with Prosper.com to provide hopeful adoptive parents across the U.S. with access to low-interest, unsecured adoption loans.
Resources 4 Adoption
Resources4adoption.com provides free adoption resources that contains up-to-date and detailed information for over 60 adoption grants. Resources4adoption.com conducts regular research on adoption financing options and provides you with updates on this information. Resources4adoption.com is dedicated to helping remove financial barriers to make your adoption dream come true.
Through adoption assistance grants, Show Hope donors have helped provide loving, Christian families for over 2,000 waiting orphans from 40 different countries, including the U.S.
The Sparrow Fund
The Sparrow Fund is an organization committed to encouraging and supporting these families in the adventure of adoption. We do this by providing grants to families in financial need to enroll in programs specifically designed to provide counsel and comprehensive medical reviews of their referred child.