affording adoptionCan affording adoption be a reality? It is no secret that adoption can be expensive. LFS is committed to working with families in order to help them achieve their dreams of adoption. A snapshot of each program and associated fees is below. All adoptions are unique and lend themselves to different expenses, however you can count on that number as an idea for planning.

Domestic Adoption Fees: Birth parent expenses, staff time, finalization, legal fees for completing a non contested adoption, and all background checks. In the event that you need to hold or stop the process, you will not be charged any remaining fees.

International Adoption Fees: Home study, education classes, post-placement services, support groups, and counseling.

Designated Adoption Fees: Services vary according to situation.

Below are some resources that families can look into to save on the cost of adoption.

Adoption Funding Grants and Loans

The Federal Adoption Tax Credit- www.irs.gov/taxtopics/tc607.html ; www.nacac.org/taxcredit/taxcredit20122013.html

CADE Foundationwww.cadefoundation.org  The Tinina Q. Cade Foundations Family Building Grant is an annual award that provides up to $10,000 to needy, infertile couples for Domestic Adoption and IVF.

National Adoption Foundationwww.fundyouradoption.org The NAF’s grant, awarded quarterly, can range from $500 to $2000 depending on the needs of the family and the circumstances surrounding the adoption. NAF also offers unsecured loans of up to $35,000 for people with a credit score of 640 or higher at an interest rate of 6.73% APR.

Gift of Adoptionwww.giftofadoption.org – Grants range from $1,000- $7,500. Applicants must have a complete home study in order to qualify. Both domestic and international adoptions require a home study.

Americas Christian Credit Unionwww.americaschristiancu.com – Loans offered up to $50,000 with a 8.65% APR for up to 84 months, which can be used for domestic and international adoptions. They also offer an adoption grant.

God’s Grace Adoption Ministrywww.ggam.org – Matches funding that you raise through family and friends up to $2,500. Must be Christian, married, and make less than $60k.

Help Us Adoptwww.helpusadopt.org – Offers grants of $500-$15,000 depending on individual situations for domestic and international adoption. Families must have a completed home study to qualify.

Never Alone Foundationwww.laurelsmessage.org – Several grant programs for families adopting special needs children internationally. $5,000- $25,000 grants available.

Resources for Adoptionwww.resources4adoption.com – Buy a list of grants and loans available for adoptive families as well as a “budgeting toolkit”. The cost for this services is $29.29 for 3 months or $95.50 for a year.

A Child Waits Foundation- www.achildwaits.orgProvides grants and low interest adoption loans specifically for international adoptions.

Show Hopewww.showhope.org – Grants to be used towards adoption. Families must have a completed home study in order to apply.

ABBA Fundwww.abbafund.org – Interest free loans for Christian couples.

Katelyn’s Fund Orphan Ministry- www.katelynsfund.orgAn adoption advocacy organization that provides a limited number of grants.

Lifesong- www.lifesongfororphans.org – Offers grants and loans to Christian adopting families. They will also work with your church in providing grants and loans through donations.

Lydia Fundwww.lydiafund.org – Financial assistance to Christian, married couples who are adopting internationally.

Employee Provided Adoption Benefits

https://www.childwelfare.gov/pubs/f_benefi.cfm

https://www.davethomasfoundation.org/what-we-do/adoption-friendly-workplace/