The ministries listed are all nonprofit and most can accept donations on their websites. Please consider whether or not you are able to give and help other families in need of these grants and loans.
The adoption tax credit was part of the Economic Growth and Tax Relief Reconciliation Act of 2001 and was scheduled to sunset in 2010, however, the new health care bill signed on March 23, 2010 has extended the credit through 2011 and raised the amount to $13,170. Plus, now it’s refundable for the first time. So, you may apply up to $13,170 of your adoption expenses toward your federal taxes when you file in 2010 or 2011, depending on what year your adoption is finalized. If you do not receive the full amount in tax credit, then you should get a refund for the unused credit. Learn more about the tax credit by investigating the links below.
Actual Bill Text: Go to the actual bill text it is Sec. 10909 near the bottom.
"Taxpayers who adopt children: Effective in 2010, the bill makes the
adoption credit refundable, increases the credit by $1,000 and
extends the increased adoption credit through 2011."
Together for Adoption also has a wide variety of great resources related to this government credit.
This site has lots of great information about adoption in general, including more financial help resources. Check them out!
Lifesong for Orphans provides orphan care in six countries around the world and also provide matching grants from $1000-$4000 and interest free loans of up to $10,000. Their goal is to bring joy and purpose to orphans by mobilizing the church, where each member can provide a unique service: some to adopt, some to care, and some to give.
Established to encourage Christian families with financial assistant to offset the expenses of adoption, Sea of Faces awards grants quarterly to eligible families. They were recognized by the Congressional Coalition of Adoption Institute with a 2007 Angels in Adoption Award and were formally recognized in Washington D.C.
Show Hope is a non-profit organization established by Steven Curtis Chapman and his wife Mary Beth out of their desire to see more children adopted. They knew that many families were hindered because the financial costs were too high. Originally named Shaohannah’s Hope, it has grown amazingly and in addition to providing grants to families who are adopting, they also make a great impact in orphan care around the world. In 2009 they opened a six-story caring facility in China, which provides surgeries and medical care to special needs orphans. Check out their website to find out more about this wonderful organization and how they may be able to help you adopt!
ABBA Fund is an organization that offers interest-free covenant loans to Christian couples who are adopting and need help with the “cash flow crunch” posed by adoption expenses. The couple may request financial assistance in any amount, based upon their needs, and will agree to reimburse ABBA Fund in manageable monthly payments. Application must be submitted with a copy of a completed home study and a list of references. Check out their site for additional information and for links to many adoption agencies and additional organizations that may be of interest.