Welcome to US Waiting Child Fund
Partners In Progress

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Dear Prospective Adoptive Family:

We at Families Are Special realize you are faced with an initial financial obligation in adopting a child that may be prohibitive.  In order to help you with the burden of “up front” financial obligations, we have established the U S Waiting Child Loan Program.

The U S Waiting Child Loan Program is funded with contributions from individuals, corporations and organizations.  The maximum loan available is $4,000, with a maximum term for re-payment of three years.  Our goal is to provide you with a low interest loan.  The interest rate will be determined at the time of your loan, but is guaranteed to be considerably lower than the prevailing bank rates.  The loan is actually a line of credit.  Once you are approved, you may make requests for specific amounts during the term of the loan for specific qualifying adoption costs.

In order to cover administrative costs, overhead and the cost of credit reports, we require a non-refundable fee of $50 to process your loan application.  If you are approved, this fee may be included in your first “draw.”

The U S Waiting Child Loan Program’s goal is to make it possible  for many children waiting in US foster care to be placed with permanent families.

We look forward to serving you and your child(ren).

For more information on the US Waiting Child Fund please contact the Executive Director of Families Are Special at (501) 758-9184 or email at fasas@alltel.net. IF you or your business  are interested in making a tax deductible gift  to enable us to expand our capitalization base and approve more loans, please cont the Treasurer at the same address.

Other Adoption Financial resources for your consideration. Go to the Links on the General Adoptions Page

About Families Are Special

Families Are Special was founded in 1993 as a non-profit licensed adoption agency.  It has a proud history of identifying and over-coming barriers for Arkansas families who wish to adopt. Thirteen years have passed and 560 children have been placed with permanent families.  Families Are Special has faithfully carried forward its commitment to the children and families of Arkansas. Families Are Special experience and commitment to the children demonstrates the principle that every child deserves a permanent and loving family.

Each family placement establishes for these children a foundation from which a new future becomes possible, which offers the fulfillment of the child’s potential.  Most of these children have been severely neglected, abused or abandoned; and never had the foundation that only a safe loving and permanent family can provide.

As long as there is one “waiting child”, there is work for us to do.

If you agree with this guiding principle of our human condition, that every child deserves to be raised in a safe loving family, we invite you to help us build a very strong loan fund which will help make it possible for more children to experience their right to a permanent family.

 

Problem: The High cost of Adoption

There are 130,000 children across the U. S. in foster care, awaiting the security of being raised in a safe loving, permanent family.

These children’s circumstances are not of their own making. Their only possibility for their dream of a family and home is adoption.  However, with the passing of each year this blessing becomes a little more remote.

25,000 children or more will be forced to leave the safety net of foster care to face today’s world alone as they reach age eighteen.  Those remaining in foster care must continue to hold on to their dream or simply give up.

In spite of the increased efforts of our public and private agencies, courts and other organizations, more children today are waiting to be adopted than ever before.

 Many more potential adoptive families can be prepared to adopt if they can get some assistance with the burden of the adoption expenses. The adoption expense ranges from $3,000 to adopt a child in foster care, to $35,000 to adopt a healthy newborn in the US or an older child internationally. Although the expenses to adopt a child from our state agency, Arkansas DCFS, are minimal, many families are not willing to serve the required 12 months or more as foster parents before being permitted to adopt. 

Although many adoptive families will benefit from tax credits and other resources, this resource does not become available until long after the expenses are incurred. Clearly the financial costs of adoption poses a barrier to families of average means.

Solution:

Financial Assistance is available

Families Are Special recognizes the escalating cost of adoption prohibits many stable, loving and knowledgeable families from adopting. We as an agency made the commitment to do what we can to overcome this financial barrier. After much study, deliberation and advisement from adoptive parents and community leaders, our staff and board developed a new program, the US Waiting Child Loan Fund. Our first loan was made in 2005. Now many adoptive families can qualify for a three-year, low interest loan of up to $4,000. 

The goal to remove this initial financial barrier for Arkansas families who are committed to adopt a waiting child is not fulfilled.  Our projected capitalization for this program is considerably less than what is needed. Much work must be done to reach the final goal of capitalization. However current funds will provide for several loans for qualified families this year.

Partners in Progress:

 You Can Help

Our present funding for loans is about 1/3 rd of what will be needed to make this program self-sufficient. We need the financial support of individuals, groups, churches, and businesses to make an investment in a building a new future for children without permanent families.

Members of our staff and Board of Directors are available to speak with individuals or groups to explain the merits of and the great need for this program. Please contact our Executive Director, Bill Barling to make arrangements for someone to talk to you, your organization or civic club.

This commitment to building a better life or something for children waiting for a permanent family has become a possibility because of the efforts of many people just like you.

Your help can enable us to make a wonderful future possible for so many more of God’s waiting children.

For more information:

Go to the US Waiting Child Loan Fund page on our web site at:

Families Are Special, Inc.

2200 Main Street
Little Rock, AR 72114
 (501) 758-9184
Web site: arkansasadopttoday.org

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