glbt adoption financial assistance? - Mothering Forums
Queer Parenting > glbt adoption financial assistance?
mizsatisfied's Avatar mizsatisfied 01:05 PM 05-09-2010
Does anyone out there know of organizations that provide financial assistance to GLBT families looking to adopt? I have been searching, and have found many resources for families in general, but not sure if they would consider our family. DP and I are starting to explore adoption as a possibility. I'd really appreciate any wisdom out there!

fivegrandbaby's Avatar fivegrandbaby 05:23 PM 05-13-2010
You should read "The Kid" by Dan Savage... it's the story of he and his partner adopting.

I have heard that the government will give you a tax credit or something for a lot of the adoption fees. I'm not sure if that's just here in CA or nation-wide. It's not so much assistance, because you still have to pay everything up front, but it will help you out come tax time.

Good luck!
burg's Avatar burg 09:11 PM 05-13-2010
If you foster to adopt there are typically no fees. That of course has it's own unique set of issues.
mizsatisfied's Avatar mizsatisfied 02:18 AM 05-14-2010
Thanks, y'all. Yeah, we have checked out the tax credit a bit, and also thought about fostering to adopt. We are still in a place of considering TTC more, but after 3+ years of that, are starting to think adoption, too, and are definitely leaning towards domestic infant adoption, and not fostering to adopt for various reasons. This is very early in the process, so right now we are just trying to gather info to see if adoption is even an option for us.
Man, the money part of this whole journey really sucks. Wish it didn't have to be part of it at all.
Diane B's Avatar Diane B 11:02 AM 05-17-2010
I feel bad you didn't get more responses, so I'll post something. Yes, most adoptions cost money. So do most births, but if your birthing costs are covered by health insurance, they're largely invisible. There are really not adoption grants out there for non-special needs, private adoption.

The tax credit helps, but it's refundable, which means that 1. you don't get it until after you've spent it, and 2. you have to owe enough taxes to get that amount back. After five years, we didn't use all of ours up because we didn't make enough money.

The above paragraph should give you hope that people of modest means can afford adoption, though! How did we do it? Savings. A home equity loan. Gifts from family members. It can seem like a big amount of money, but people regularly drop $25-30,000 on a car, for goodness sakes. (not us, but still...) Helps put it in perspective. Also, if you look at it as a percentage of the total amount you will end up spending over your kids' childhood, it's not so much either! Having a child is not a smart financial decision. That's not why we do it, right??

A high-quality agency should give you a list of all of the expenses, what they are for, and when they are due in the process. This will make it seem more manageable and give you a starting place for budgeting and planning.

Best wishes -