Adoption Financial Resources
With proper financial planning, adoption can be an affordable option for many families. Whether you're interested in adoption grants or loans, the list below includes some of the resources available to prospective adoptive parents. We encourage you to contact your adoption agency or adoption attorney for more information on financial resources that may be available in your area. If you have not yet met with an adoption professional, start by using NCFA's searchable database.
IRS Tax Benefits
The adoption tax credit helps make adoption more affordable for families. For adoptions finalized in 2019, that credit is up to $14,080 per child. The adoption tax credit is not refundable, but was refundable for tax years 2010 and 2011.
Find out more about the Adoption Tax Credit by visiting the IRS Adoption Credit website, reading our Q&A with Adoption Tax Credit specialist Becky Wilmoth, or checking out NCFA's Adoption Advocate No. 132, "The Adoption Tax Credit Can Help You".
America's Christian Credit Union offers loans for prospective adoptive families. Their mission is "To Reach, Serve and Teach," and since 2009, nearly 2,000 children have found their forever family through ACCU's adoption loan program. Click here to visit ACCU's website.
As NCFA's "Partner for Adoption," ACCU created an 30-minute video for NCFA's community exploring financial options for prospective adoptive parents. Click here to view "Removing the Financial Barriers to Adoption."
Employee Benefits Program
Many companies and organizations offer benefits such as leave or financial assistance to their employees who are adopting. Your employee benefits office will be able to tell you if your company participates, or you can search The Dave Thomas Foundation for Adoption Best Adoption-Friendly Workplaces List to see if your company is listed.
Adoption Benefits for Military Personnel
Military service members who adopt a child under 18 years of age may be reimbursed qualified adoption expenses up to $2000 per adoptive child (up to a total of $5000 if more than one child is adopted) per calendar year. Read more about adoption benefits for military personnel on the Military Family Association website.
Your Adoption Finance Coach
Your Adoption Finance Coach provides financial coaching and resources to adoption professionals, corporations, and prospective adoptive families. We do this by providing an online library, resources on topics that include loans, grants, fundraising and the adoption tax credit and more.
Adoption Grants and Loans
- A Child Waits Foundation
- The Abba Fund
- America's Christian Credit Union
- Be The One (Indiana, Kentucky, and Ohio)
- Brittany's Hope
- Gift of Adoption Fund
- Kately's Fund - Orphan Ministry
- Lifesong for Orphans
- Pathways for Little Feet
- Open Hearts for Orphans
- Show HopeTM - Adoption Aid Grants and Medical Care Grants for Adopted Children
- WAT! (We Adopt Too) - grants for black families seeking to adopt