Here is one response to a question asked about financial criteria…….
Q. “I am not familliar with fundraising as an effort to support adoptions. should financial status not be a criteria when being accepted as adoptive parents?”
A. Financial status is an absolute criteria for adoption. If you didn’t meet the minimum financial requirements, you wouldn’t even be able to apply. China’s basic financial requirement is:
- Family must show net worth of at least $80,000 as well as an income earning of at least $10,000 per person in the household, including the adopted child. For more on additional qualifications, click here.
While the estimated costs run around $20,000, we are not raising funds in order to complete this adoption. We will be paying with cash, because we do not believe in going into debt to do this. In the six years in which we have been married, we have paid off approximately $114,000 in debt on a single income, during which time we also moved four times and paid cash for Eve’s US citizenship process. Click here to see how we did it. See below for why we did it……
The reason we strive to raise funds is, the more money we can raise, the more our costs can be offset (for more on costs, please see our expense table at the bottom of this page.) Any money saved will go straight back into the care and education of all of our children, adopted and biological.
The plight of the orphan is great. Therefore we’d be equally grateful if you would consider donating to our agency directly, not only do they aim to keep adoptive costs under control but they are doing good things in China, like helping orphaned high school grads go to college and donating special bottles and clothing to orphanages.
Keep those questions coming!