It is our desire to come alongside families and help them with some of the resources needed to make their adoption a reality. We offer several options for adoption aid and can provide you with other adoption resources as well.
Interest-Free Loans
The Lifesong Legacy Fund offers interest-free loans to help families overcome the high cost of adoption. For donors, the Legacy Fund is a gift that keeps on giving. As the loans are repaid, new family needs are met...creating a self-perpetuating fund.
The Process
-
Families enter into a covenant agreement to repay the loan through manageable monthly or annual payments.
-
Families may utilize the Federal Adoption Tax Credit (of up to $13,170 per child) to support their loan payments.
-
Key Strategy -- Funds become "self-perpetuating, where loan repayments each month are recirculated to help meet current needs of new adopting families.
Matching Grants
Lifesong offers matching grants (ranging from $2,000-$5,000), which encourage the adopting couple's church family and friends to financially and prayerfully support the adoption.
The Strategy
-
Dollar-for-dollar matching grants act as a catalyst in raising funds.
-
Involving the local church creates a lifelong bond between the church family and the adopted child.
-
Key Strategy -- Catalytic tool that mobilizes & engages the Body of Christ, leveraging funds to help bridge the financial gap.
Our Partnership with Lifesong for Orphans
We Care for Orphans and Lifesong for Orphans have partnered together to make a difference in the lives of orphans. We Care for Orphans is designed to help assist families with the resources needed to fund their adoption. Lifesong helps us review applications and distribute the funds available to qualifying families. Lifesong is a dedicated group of people that desires to help ministries like ours make a difference. It is with great joy that we have partnered with them to impact as many families as we can.