Funding your adoption in Arizona: Ways to pay for you Arizona adoption expenses

 

Federal Adoption Tax Credit

For 2017 the Federal Adoption Tax Credit is $13,570. It is strongly recommended that you consult with your tax professional to determine the extent of tax credit that is available for you. The adoption tax credit may only be used to reimburse for qualified adoption expenses such as agency fees, attorney fees, court costs, travel fees (meals and lodging while away from home) or expenses required by the state as a condition of your adoption such as pool fence. You will want to SAVE your receipts.

 

Employer Provided Adoption Benefits

There are several companies that are offering substantial adoption benefits. Check with your HR to see what your benefits are. You might also initial a conversation with your HR about the possibility of adding this benefit. (http://www.davethomasfoundation.org/Free-Adoption-Resources/Adoption-Benefits/). Taking the initiative to speak to your employer may have significant benefits to you and your adoption as well as other hopeful adoptive families.

 

Fundraisers:

• Yard sales
• T-Shirt Fundraiser (bonfirefund.com or booster)
• Dinner/Action
• Crowdfunding
• CookBook Fundraiser
• Puzzle Fundraiser

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Implement an adoption saving fund

Make it a part of your monthly budget to add to the fund each month.

 

Local Restaurant Fundraiser

Find a restaurant that will donate a portion of the evenings sales to your adoption.
Chick-fil-a

 

Grants

• Gift of Adoption Fund – giftofadoption.org
• https://www.helpusadopt.org/appl
• https://www.fundyouradoption.org/adoption-grants/