Many parents fund part of their adoption with the help of organizations, friends, and other interested individuals.  Here are a few suggestions for ways to help fund your adoption:

Employer Adoption Benefits                

• Check to see if your employer has an adoption benefits package.  More and more companies are offering these as adoption becomes more frequent.

Adoption Grant Program 

• Email SRC at sharonsrc@earthlink.net for a list of organizations providing adoption assistance!

• Apply for an adoption grant.  One possible resource for an adoption grant is His Kids Too - a non-profit organization started by adoptive parents who desire to help both the children in orphanages and parents who desire to adopt them.  They offer $2000 grants for adoption of one child, and $4000 grants for adoption of two children.  In order to apply to them, you must be working with one of their approved facilitation companies or agencies, listed on their web site. SRC has been approved by His Kids Too,  and listed as one of their preferred companies.   More information on their adoption grant program can be found at their web site:  www.hiskidstoo.org

Adoption Tax Credit 

• Check with your accountant or the IRS website www.irs.gov about the recent tax law changes regarding international adoption.  For adoptions finalized in 2002, a maximum tax credit of $10,000. applies.  The ceiling for the adoptive parents' income has also been raised to $150,000 for full credit, so more families will qualify for this tax credit!  Another good source for info on this new tax law is the Eastern European Adoption Coalition Ukraine-L mail group - if you are not a member yet, you can subscribe from the EEAC home page at www.eeadopt.org

SRC Adoption Fundraising Program

• Create a newsletter and a tax-deductible account for donations from donors.  Interested friends, relatives, and other individuals or organizations can make a tax-deductible donation to your adoption expenses through an official non-profit organization.  If you are working with SRC, Inc., your supporters can donate directly to SRC, Inc. and earmark the funds for your adoption.  Since SRC is a 501(c)(3) non-profit corporation, all donated funds are tax-deductible with the IRS.  His Kids Too also has an Adoption Bank for parents who would like to have an account and receive tax-deductible donations from supporters, and this Adoption Bank is open to adoptive parents working with other organizations or agencies. For more information about our Donation Program, log on to www.adopt-sense.org