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How To Raise Money To Help With Rising Adoption Costs

Adopting a child is a huge responsibility which takes courage and determination to do properly. While adoptive hopefuls may have the love and time to spare, the financial responsibility is becoming ever harder to live up to with today's cost of living steadily rising. Couples are increasingly turning to alternate avenues to secure funding for their caring needs. The answer to their funding requirement is more often than not, Crowdfunding sites.

Crowdfunding 101

Crowdfunding is a recent addition to the multitude of methods to raise money online, made popular by sites like Kickstarter and GoFundMe, people from all over the world can pledge money to any cause in a reliable public manner. Where previously a project wouldn't be able to secure funding, with crowdfunding, tens or even thousands of anonymous and named donors can carry the burden of cost to achieve something together. AdoptTogether is one such crowdfunding site that is wholly dedicated to sourcing funds for adoptive families and in their first 1000 days, helped 982 families secure funds for adoption totaling over four million dollars. Since then, they have helped unite thousands of children with loving families.

Family Story of Crowdfunding

One family was able to live their dream to adopt three children from Africa through GoFundMe and while they had to pay for flights, living expenses and visas, it was all made possible by crowdfunding.

“Five dollars, Twenty dollars, it adds up. It's just a really amazing process,” said David, the new adoptive father after the campaign was successful. This is an ever-increasing phenomenon with hundreds of families to date succeeding in adopting a new child into their family.

Money Matters

The finances required to adopt depend on the adoptive circumstances. Are you adopting from abroad? Are you adopting through a fostering program? How old is the child you're adopting? All of these factors can result in costs ranging from $5000 to $50,000, which is why adoption can be a very daunting prospect if financially unprepared. The internet transforms this large singular burden into a huge collective of very small burdens, pledged online.

There are still countless children out there that are in need of a loving family, so get in touch with your local adoption agency today—for help with adopted teen support contact one of our advocates today at 435-632-7767.