26 January 2008

Financial Help

This list was given to us by an agency unsolicited, so to speak, they just gave it to us in June 2007. I don't think it is as extensive as the "angelfire" web site that I linked you to earlier.

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Adoption Financial Assistance List

www.oxfordadoption.com They do 0% interest loans for 3 years, then 3% for 3 and then 6% for 3 and you can pay it off anytime without penalties. Oxford Adoption Foundation, Inc. provides low interest loans for families. It is a nonprofit charitable foundation formed in 2003. They limit the loan to a maximum of $10,000 (typically $5,000 per adopted child). Their typical loan is 0% for the first three years; 3% interested for the next three years; and 6% interest for the remaining three years, thereby creating a nine year loan. The loan can be paid at any time, either in part or in full. There are no prepayment penalties.

Adopt$hare:

www.adoptshare.org Adopt$hare, 17662 Highway 55, Sterrett, AL 35147. Tammy & Tim Spence

JSW Foundation

Grants of $2,000 or more awarded quarterly on the basis of need. Preference is given to childless couples with an income under $35,000. One grant awarded quarterly. Average grant amount is $3,000, but can go as high as $5,000. 127 E. Main St., Port Washington, WI 53074. For an application, Contact: Eugene T. Wyka, (262) 268-1386. www.jsw-adoption.org.

Northwest Airlines Special Delivery Program:

Significant fare discounts for international adoptions. Now they can fly right into your arms. Northwest Airlines and KLM Royal Dutch Airlines want to help you and your new family member off to a flying start. We're offering Special DeliverySM fares to families adopting children from any of our over 100 international destinations throughout Asia, Africa, Europe, India and the Middle East. When you're going to experience the joy of receiving your child, KLM/Northwest Airlines' Special Delivery is there for you. When you have your travel dates and are ready to make a reservation, please call KLM/Northwest International adoption fare specialists at 1-800-322-4162 Mon-Fri 7:30am - 7:30pm CST or visit www.nwa.com/features/adopt

Rainbow Kids:

www.rainbowkids.com

National Adoption Information Clearinghouse (NAIC):

www.calib.com/naic/parents/finan.htm. 1-888-251-0075

India Parenting:

www.indiaparenting.com

Feng LiLi:

(Request Application) Meet quarterly or on demand, when necessary to review applications. Feng LiLi, 180 Laurel Avenue, Forest, IL 60045, (847) 482-0500.

Ibsen Adoption Network:

(WA State residents only) Meets quarterly to select applications for small grants of $1,000 for waiting children. Contact Person: Marilyn Bribane. Ibsen Adoption Network, 2730 French Road NW, Olympia, WA 98502, (360) 866-7036. Fax: (360) 866-7059.

National Adoption Foundation:

NAF has established a $9 million revolving loan bank to provide unsecured loans to adoptive families. Your payments and interest then help other adoptive parents. Also offers fixed-rate MBNA Home Equity Loans. For more information about an MBNA Home Equity Line of Credit or loan, contact your MBNA representative by calling Toll-free 1-800-841-1982 (use code AAAP). Both loan programs are financed through MBNA. The foundation has a limited program to provide grants, usually in the $2,500 range, to assist families with adoption costs. You can call the foundation to request that an application packet be sent to you. For grant information, call: (203) 791-3811. For loan information through the National Adoption Foundation, call MBNA bank at: 1-800-448-7061.

The National Adoption Foundation, 100 Mill Plain Road, Danbury, CT 06811

Children of the World:

27 E. Hillvale Rd, Syosset, NY 11791

International Adoption Assistance Foundation, Inc. (Formerly known as IAAF):

6420 Tokeneak Trail, Mobile, AL 36695-2940. Contact: Donald L. Parker or Linda J. Bushy, Directors.

God's Grace Adoption Ministry:

Offering Grants and Loans. Call (209) 572-4539 for more information. God's Grace Adoption Ministry, P.O. Box 4, Modesto, CA 95353.

Bright Futures Foundation:

Offers small grants. Contact: Jill Tate, Executive Director. E-mail: bfadopt@hotmail.com. www.homestead.com/brightfutures.

A Child Waits:

Loans are given for International Adoption (7 % interest). Phone: (413) 499-3992, Fax: (413) 499-2338. 1136 Barker Rd, Pittsfield, MA 01201. www.achildwaits.org.

Military Adoption Reimbursement Program:

Military non-recurring program is a one-time subsidy program for full-time military personnel. Adopting couples can receive up to $2,000 reimbursement on adoption expenses for one child or $5,000 for siblings. Eligible personnel should complete DD Form 2673 (Reimbursement For Adoption Expense). See Defense Finances and Accounting Service Instruction 1341.

The Dave Thomas Foundation For Adoption Foundation:

Founded in 1992 by Dave Thomas, founder of Wendy's Old Fashioned Hamburger Restaurants. The Foundations 3 goals: 1) Educate Americans about the benefits of adoption. 2) Make adoption more affordable by helping the public and private sectors initiate innovate programs. 3) Cut red tape from the process. For more information contact: Dave Thomas Foundation For Adoption in Columbus, OH. At (614) 764-3009.

United Way International

Provides assistance for costs of travel for children adopted with illness needing immediate medical attention. Applications selectively considered and must be supported with a doctor's statement.

United Way International; Attn: Melissa Guerra; 701 N. Fairfax St.; Alexandria, VA 22314. (703) 519-0092

Slavic Humanitarian Association, Inc. (SHA)

All families adopting from Russia make donations in cash to the orphanage through their agency. If their agency does not have a Tax Exempt status and does not make special arrangements for their families to make that donation tax deductible, families cannot deduct this money in taxes. SHA can help families in this matter. SHA is a tax-exempt public service organization that distributes its donations to Russian Dept. Of Education, orphanages, hospitals, etc. If you make your donation through SHA, it becomes tax deductible. For information, contact: SHA staff at: (616) 457-6537. E-mail address: IAAInc@aol.com

The National Adoption Center in Philadelphia

This organization has a program entitled Adoption and The Workplace, which provides services and materials to employers desiring to address the work/life issues of employees who adopt. For a list of corporations who give grants for adoption, contact: The National Adoption Center in Philadelphia; 1500 Walnut St. Suite 701; Philadelphia, PA 19102; (215) 735-9988. Fax: 215-735-9410. E-mail address: nac@adopt.org. www.adopt.org

Employer Benefits:

Many employers provide a range of benefits for families who adopt (including paid or unpaid leave when a child arrives in the home, reimbursement of some portion of adoption expenses, assistance with adoption information and referral services, etc.) Corporate human resource departments will provide employees with information about benefits available, if any.

Adoption Benefits: Employers as Partners in Family Building: www.calib.com/naic/factsheets/benefits.htm.

For a list of Employers Offering Adoption Benefits, go to: www.calib.com/naic/factsheets/benefit2.htm.

The National Adoption Center publishes the Guide For Employee Benefits. Contact them at: (215) 735-9988 or 1-800-TO-ADOPT. www.adopt.org. If your employer does not offer incentive programs for adoption, you can call 1-800-TO-ADOPT for Materials on how to get things started.

State Subsidy for Special Needs Children

Some states provide a subsidy for special needs children. The definition for 'special needs' can be very broad. For example, in South Carolina, adoptive parents are receiving a $1,500 subsidy for children simply because there is no information about the birth father. Contact the State Department of Social Services where you live.

Capital One

Offering a credit card with a limit of up to $20,000 at a fixed rate of 9.9% over the long term (not just an introductory rate). www.222.capitalone.com

Adoption Tax Credit

The government has recently increased the adoption tax credit; this is not a deduction but a tax credit. This credit reduces the tax burden dollar for dollar of adoption related expenses. For more information call you tax person or see www.irs.ustreas.gov/forms_pubs/forms.html You should also inquire about similar credits offered by state and municipal governments. If your tax bill is smaller than the credit, the unused portion of the credit may be carried forward for up to five years. Tax Benefits For Adoption (guideline pamphlet), Publication # 968. Call IRS to order at: 1-800-829-3676. www.irs.ustreas.gov

"How To Make Adoption An Affordable Option"

This is a comprehensive booklet, published by the National Endowment for Financial Education. Available free-of-charge from the: Consumer Information Center, Pueblo, CO 81009, (719) 948-4000 Ask for Item # 602-E. Booklet available on Internet site also: www.nefe.org

Raising Money Through Other Sources

Look into Home Equity Loans or Refinance. Some banks offer low-interest loans or credit lines for adoptive parents. Borrow from family members. Borrow from a 401K. Borrow from a Life Insurance Policy. Contact Airlines requesting a reduced rate or waive of fees to get your child.

Raise money through church and community support:

Car Washes, Raffles, Neighborhood Yard Sales, School Projects, Bake Sales, Collections at Local Grocery Stores, Collections through job.

Norman Hecht

Banker Norman Hecht, who is also an adoptive parent, has written an article for Adoptive Families Magazine on working to meet adoption expenses. You can request a free reprint from Adoptive Families of America by calling: 1-800-372-3300. www.adoptivefam.org

Hebrew Free Loan Association

Jewish families may apply for interest free loans to Jewish adults who wish to adopt domestically or internationally. www.hflasf.org/adopt-loans.html

Laundry Money

All that change and crinkled up dollar bills that get tossed in the hamper can go into a child's fund. Maybe it's the money that will buy clothing for your new child to travel home in, or the gifts you wish to give once you arrive at the orphanage. Maybe the money could buy the bedding for your kid's new room. Think of the potential. Plan to put a family portion aside every time you spend: What would your child have had for dinner? (Eating out). His/her portion gets paid for in the child's fund.

AdoptNet

www.adoptnet.org. Support groups, adoption tax credits, financial adoption assistance.

Topeka Community Foundation

A fund has been established with the Topeka Community Foundation that will provide financial assistance to individuals and couples desiring to complete domestic and international adoptions. Kansas residents or those persons with Kansas ties will be given first preference. For additional information and to obtain an application for assistance, call (785) 272-4804 or contact the foundation at tcf@cjnetworks.com.

Methodist Church in Nebraska

Methodist Church in NE has a fund for supporting families adopting from Russia. This fund helps to defray travel costs. Contact Keith Hewitt at (847) 664-2240.

Federal Government

If you are in the process of adopting, the Federal government has provided for a maximum $2000 reimbursement to assist in the adoption of special needs
children. (Children who have been abandoned/orphaned qualify as special needs in most states, and most orphanage kids have diagnoses that would qualify them even in the states that don't blanket accept "abandonment") This reimbursement is an actual check, and is used to offset the cost of home studies, attorney fees, travel for the child, etc.

The catch is you MUST apply for this reimbursement before you adopt. Once you have adopted your child, you are not eligible for their reimbursement or subsidies.

For more info, call (800) 470-6665 or email: info@nacac.org

http://www.nacac.org/subsidyfactsheets/internationaladoption.html

http://www.nacac.org/subsidy_stateprofiles.html

NEW ADOPTION FINANCING PROGRAM

AdoptionFinancing.com is now offering a brand new adoption financing program. Fill out the application at AdoptionFinancing.com and they will work with their network of more than 30 different lenders to find the right financing for your needs.

52 NEW COUNTRY-SPECIFIC INTERNATIONAL ADOPTION WEBSITES

Adoption.com and Adopting.org have launched a new website for nearly every country with an active international adoption program. Each website features many country-specific resources related to adoption, travel, tourism, history, waiting children, adoption agencies, translators, currency converters, weather, news, maps, message boards, books, and dozens of other links to resources. You can find links to all of these new websites at InternationalAdoption.org, or visit some of the most popular countries: http://China.Adoption.com, http://Russia.Adoption.com, http://Guatemala.Adoption.com, http://Romania.Adoption.com, http://Kazakhstan.Adoption.com, or http://Vietnam.Adoption.com

Adoption Network

http://adoption-network.com

Love Knows No Borders

(203) 459-4575. Gives grants for international adoptions

Shaohannah's Hope

www.ShaohannahsHope.org. For more information about adoption assistance, please call Shaohannah's Hope toll-free at (800) 784-5361 or e-mail at: sccmusic@stevencurtischapman.com.

1st Steps Project Oz Fund

1st Steps Project Oz Fund is administered by 1st Steps for assistance with special needs adoptions.

(570) 226-4448 or 1-866-kids4us

Email: Adopt@Kids4us.org

Acres of Hope

This is a non-profit charitable foundation dedicated to providing educational information, emotional support, parent-to-parent support, advocacy services, financial assistance, and a loan program of items helpful to families dealing with children of physical and emotional challenges. In addition, their mission is to promote greater community understanding, acceptance, and support for families involved in adopting special needs children cross-racially and cross-culturally.

Contact:

Acres of Hope, Inc.

Patty Anglin

Executive Director

Route 1 Box 97

Mason, WI 54856

Phone: (715) 765-4118

Fax: (715) 765-4119

Email: thenest@cheqnet.net

www.acresofhope.com/foundation.htm

Adoption Subsidy

Children with special needs may qualify for an adoption subsidy which is paid to adoptive families to help them pay for their child's need for ongoing therapies or treatment. Adoption subsidy agreements must be negotiated with the placing agency before the child's adoption is finalized.

For more information contact the North American Council for Adoptable Children at www.nacac.org/adoptionsubsidy.html

Non-Recurring Adoption Expense Reimbursement

After families have finalized the adoption of a child with special needs from the public child welfare system, they may be able to apply for reimbursement of expenses they paid related to the adoption, which may include home study fees, travel expenses to meet the child, attorney fees, etc. Each state sets a maximum cap which cannot exceed $2,000 per adoption.

Alla Adoption Agency

Alla Adoption in conjunction with Yunona Orphan Relief Fund are offering grants for qualified families toward international adoption using our service. Grants are: $2000 per one child, $4000 for two children. Please send us a letter explaining your hardship and any other details you consider important. Your request will be given consideration and you will be notified about our decision shortly.

Please send requests to:

AllaAdoption

Attn. Grant Request

3581 W. Benjamin Holt Drive #166

Stockton, CA 95219

www.allaadoption.com/index.htm

Americans Adopting Orphans

Each quarter the Board of Advisors will meet to recommend that individual families receive grants to help them with their adoption. www.orphans.com

Americans Adopting Orphans

12345 Lake City Way NE #2001

Seattle, WA 98125

Home Office Phone: (206) 52-4-KIDS (5437)

FAX: (206)527-2001

or....

Americans Adopting Orphans

9999 Manchester Road #369

St. Louis, MO 63122-1927

Branch Office Phone: (314) 963-7100

aao@orphans.com

China Care Foundation

Financial Aid for Adopting Families: Many adopting families cannot afford the $16-20,000 cost of adoption. China Care is trying to alleviate this burden through loans and grants. They are especially interested in helping families who are adopting special needs children. Many mildly disabled children, such as with cleft lip and clubfoot, can be made healthy through surgery and lead completely normal lives in American families.

In order to encourage the adoption and care for orphans from China, the China Care Foundation:

**Provides financial aid in the form of grants or loans for the adoption and/or medical treatment of orphans. Many families can afford to take wonderful care of their children, but cannot afford the one-time cost of adoption.

Contact Information:

http://chinacare.org/adoptions.html

Greenwich Ave. Post Office

P.O. Box 142

Greenwich, CT,06807

Tel: 203.861.6395

Fax: 203.618.0470

Ours By Grace

Ours by Grace was started by an adoptive mom to help soften the financial burden that adoption often causes families. They do fundraisers to raise a pool of money and once that pool reaches $500 they award a grant to a family whose application is on hand.

A $15 application fee is required and all money goes towards the grant fund.

www.oursbygrace.com/apply.html

Ours By Grace

225 N. Third Street

Brighton, MI 48116

Siblings Adoption Grants

Siblings Adoption Agency offers grants for qualified families toward international adoption. Grants are as follows: $2000 per one child, $4000 for two children. Please send us a letter explaining why it is a hardship for you. Your request will be given closest consideration and you will be notified about their decision shortly. www.siblingsadoption.com/welcome.htm

Grant Request Form - www.siblingsadoption.com/grantrequest.htm

Or send request to:

Siblings Adoption

*Attn. Grant Request

508 High Point Drive

Golden CO 80403

Phone: (303)216-9009

info@siblingsadoption.com

The International Adoption Center

www.adoptlaw.org/tiac_htm/7specpro.htm

The International Adoption Center provides adoption grants to qualifying families for their adoption programs up to a maximum of $1,000 per couple. A submission letter of financial need with supporting documents is required for consideration.

Contact:

International Adoption Center

7401 Old York Road

Elkins Park, PA 19027

Phone: (215) 782-1191 Fax: 215.782.1193

Email: info@adoptlaw.org

Adoption Friendly Workplace

The National Adoption Center has conducted surveys of public and private employers throughout the United States to compile a list of employers that offer adoption benefits. http://www.adoptionfriendlyworkplace.org/employers.asp

A Child's Desire

A Child's Desire, Inc. is a 501 c(3) children's charity. A Child's Desire offers adoption grants to children waiting over a year in an orphanage for a family to choose them. More information can be found at www.aChildsDesire.org

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