AdoptionBridge is a website where you can tell your adoption story, post pictures, videos, and keep people informed about what’s going on. You can accept donations from your friends and family, and these funds are sent to Nightlight (or your adoption agency). Set up a page for your adoption, and then send the link to all your friends, church members, family, etc.
Other ways to Fund Adoption
Grants for adoptive families.
Loans Zero or low interest loans just for adoption.
Fund Raising Crowd funding has become very common.
Tax Credit Receive up to $14,980 back on taxes!
AAP $Monthly payments to you from the state!
MAKING DONATIONS TOWARD AN ADOPTION
Family and friends can make a donation toward an adoption by donating to a non-profit organization, which, in turn, will contribute to your adoption. For donors to receive a tax deduction, they must make their checks payable to the non-profit organization. DONORS MUST NOT WRITE the adoptive family’s name on the check. The donor can place the adoptive family or child’s name on a sticky note and then place it on the check. Adoptive families CANNOT donate toward their own expenses. However, ask your agency if any part of the agency’s fees is tax-deductible donations.
As a 501(c)3 non-profit organization, the organization or agency collecting the funds must have complete control over the funds and is in no way obligated to place the donated funds toward the adoptive parents’ adoption expenses. If the family for some reason does not proceed with an adoption, then the donations cannot be returned to the donor.
If a family member is 70 ½ or older, there is a further incentive for that relative to make a donation: Congress has reinstated the IRA Charitable Rollover. Those 70 ½ and older can distribute funds directly from their IRAs to a tax-exempt entity. The transfer will count toward the person’s minimum required distribution and will not count as taxable income. The person will receive the equivalent of a charitable deduction even if that person does not itemize deductions on the donor’s tax return.
Recommended Fundraising Reading Resources
Adopt Without Debt: Creative Ways to Cover the Cost of Adoption
by Julie Gumm
Passionate about helping others achieve their adoption dream, author and adoptive parent Julie Gumm shares how to find extra money in your household budget, apply for grants, and fundraise in order to build your family without saddling it with debt.