Private adoption can be expensive, but there are many ways to make the adoption process affordable to you. Below is a list of resources to help the financial burden of adoption. Please contact us if you have any questions regarding funding options. Also please note that most grant applications require a completed home study first.

Adoption Tax Credit
Currently in 2010 the federal government gives a federal tax credit of $13,170. This is a credit, not a deduction, meaning you receive $13,170 back from the government for each child you adopt or attempt to adopt, failed or successful, as long as you meet the income requirements and have paid that much towards your adoption. The tax credit is now refundable, meaning you will receive the full amount of the tax credit regardless of what you have paid in taxes. The phase-out income limits have been increasing every year, along with the tax credit amount. Currently the phase out limit is $222,180 adjust gross income.
www.irs.gov/taxtopics/tc607.html
National Adoption Foundation
The NAF offers between $500 and $2500 to adoptive families for any expense an adoptive family has. Board members meet four times a year and there are no income requirements.
www.nafadopt.org
Help Us Adopt
Helpusadopt.org helps couples/individuals (regardless of race, religion, marital status or sexual preference) with the costs of their adoptions by awarding grants of up to $15,000 per family.
www.helpusadopt.org
Gift of Adoption Fund
Gift of Adoption offers between $2000 and $5000 to adopting families. Gift of Adoption focuses especially on families that have financial hardships and/or families that adopt a child with special needs.
www.giftofadoption.org
God's Grace Adoption Ministry
God's Grace Adoption Ministry offers grants between $1,000 and $4,000 and interest free loans to adoptive families, depending on their financial situation and current needs.
www.ggam.org
Employee Benefits
Over a quarter of employers offer reimbursements ranging from $2,000 to $10,000 for adoption costs. . Visit www.davethomasfoundation.org/Our-programs/adoption-friendly-workplace to find out if your employer is a part of this wonderful program. Many employers also offer paid leave, in addition to your vacation time, personal days, and sick leave, along with unpaid leave.
Military Subsidies
Active-duty personnel are reimbursed for one-time adoption costs, both domestic and international. www.childwelfare.gov/pubs/f_milita.cfm
Federal Medical and Family Leave Act
Covered employers must allow eligible employees up to 12 weeks of unpaid time, with benefits, off to take care of an adopted child during any 12 month period.
www.dol.gov
Create a registry
This is an on-line adoption gift registry service where friends and family can help defray adoption expenses.
www.gotchagiftregistry.com
Loans Many adoptive families choose to take out a home equity loan, borrow off a life insurance policy or your 401K(usually without penalty), or choose a low-interest adoption loan to help pay for the costs.

Creative Financing
Many adoptive families chose "creative" routes to help offset the costs, including church sponsorships, Adoption showers (instead of baby showers), and other fundraising options. Be sure to look at all your possible avenues.

Adoption Funding Options