Fundraising to adopt a child is commonplace since adoption expenses can range from free to $40,000. Fundraising via Facebook updates is a newer trend to help offset those adoption expenses. And it can work, says March 1 news article about a Louisiana couple who used Facebook updates to do just that.
According to the story, Jake and Jessica Hance started a page and used Facebook updates to generate the money needed to adopt a child -- over $30,000. What's more, they reached that goal within three days.
Hopeful adoptive parents continue to look for creative means to raise the funds necessary to adopt a child. The initial out-of-pocket expenses can be difficult for some families to handle. The federal adoption tax credit, which was recently made permanent and is worth $12,970 in 2013, can benefit families after the fact, but it doesn't help with the upfront fees.
Adoptive Families magazine has a collection of adoption financing articles that provides families with guidance on available adoption grants, loan programs and personal fundraising tactics. Fundraising via Facebook updates and other social media outlets are new to the list of possibilities. Social media allows hopeful adoptive families to generate funds from their family and friends.
While not every hopeful adoptive family will achieve the rapid success that the Hance's achieved, it's clear that popular social media tools like Facebook have the power to play an increasingly important role in adoption fundraising.