Financial Assistance

Holt believes finances should not stop a child from having a loving family. We offer you these resources to help offset the cost of adoption. Here are a few links to resources.

• Reduction of Adoption Program Fee: There may be a reduction in the adoption program fee if the child you are adopting has moderate to severe special needs. This is determined on a case-by-case basis. There is no reduction in fees for children with minor special needs.

• Holt's Special Needs Adoption Fund (SNAF): This fund assists families who need additional financial support in order to adopt a waiting child. Holt considers requests for this assistance on a case-by-case basis at time of assignment. After being matched with a special needs child, families may request assistance from the SNAF from the country program director.

• The Brittany's Hope Foundation: You will notice on our Waiting Child Program photolisting that some children have "Grant Money" stated on their photo. These children have been awarded a financial grant that will help pay for a portion of their country program fees. The remainder of the country program fee for these children is often greatly reduced by Holt as well. Families that accept grants from Brittany's Hope are required to fulfill volunteer events. For more information, about Brittany's Hope, please visit their website.

• Tax Credits:
Federal Adoption Tax Credits: Congress extended The Adoption Tax Credit (ATC) through 2011 as part of the Patient Protection and Affordable Care Act (H.R. 3590) that was signed into law on March 22, 2010. The maximum credit increases from $12,150 to $13,170. Families may be eligible for the Adoption Tax Credit in the tax year they finalize an eligible adoption. For more information about the Adoption Tax Credit, click here and consult with a licensed tax preparer. State Tax Credits: Some states provide non-recurring adoption fee reimbursements. Contact a licensed tax preparer to inquire for more information.

• Employer assistance: Your employer may offer adoption benefits to their employees. Check our employer benefit list or ask your Human Resources department. If you are interested in proposing that your company provide adoption benefits, adoptive parent Melissa Sherlock has provided an excellent template. Tip: follow the link, select Save As... from the File menu, then open the document in a word processor.

National Financial Assistance: Holt does not endorse or have experience with any of these agencies, this information is from the Child Welfare Information Gateway and the Internet.

Companies Offering Adoption Benefits