Your Adoption Finance Coach has had both the honor and privilege to work alongside so many dedicated adoption professionals serving prospective adoptive families over the past ten years. We have worked with over 6,000 families to assist them in budgeting, obtaining loans and grants, organizing fundraising events, and a better understanding of the adoption tax credit.
This is a Spotlight on one of our Agency Partners acknowledging their work and best practices for how they have promoted and utilized our services.
Open Door Adoption Agency has partnered with Your Adoption Finance Coach since 2016. They were one of the first adoption agencies to offer our services to their families.
Over the years their families have raised a combined $800K through grants, loans, and fundraising. Each family utilizing the services raises on average between $16,000 – $20,000.
Open Door offers the financial coaching program to both domestic and intercountry families. They promote the program online through their website and during their parent orientation meetings.
For new families signing up with Open Door, they have incorporated a short presentation by our team to explain the services and let incoming families know how to connect with us. Incoming families have a chance to ask questions and get to know us before jumping in.
The benefit of including you (YAFC) in our parent training is that families have seen your face and heard directly from the horse’s mouth what supports you can provide. It is a way of having them take the very first step of working with you right then on training day. I also think it normalizes the process of raising the money. – Victoria Eades, MA, Domestic Social Services Coordinator, Open Door Adoption Agency
Open Door Adoption Agency Ensures Families Are Financially Prepared for the Adoption Journey
For new prospective adoptive families, it can be very overwhelming when they first get started. By teaming up with YAFC, we can help families focus on the budget needed for their journey as well as discuss with them concerns they may have about how they will cover the costs of the adoption.
Our goal is to make sure the family is completely prepared for the financial challenges ahead. This means ensuring that they are anticipating expenses and understand the timing of the adoption journey ahead. We make sure they have information about all the resources that are available so they can make an informed decision.
There is no ‘one-size-fits-all’ in adoption!
Every family comes with their own set of concerns and every family has a different financial landscape. Our Coaches educate families on the resources available and help them to make informed decisions about the financial requirements associated with their adoption journey.
We highly recommend Open Door’s integration of our services into their New Parent Orientation as a Best Practices for all our agency partners. By introducing the services to the families in the orientation, it helps families to make the connection and associate our team with the Open Door team. Families are more likely to engage with a Coach sooner to discuss their financial circumstances.
Your Adoption Finance Coach Provides Support and Financial Education to Your Families
Let’s face it adoption is complicated! There are many plates spinning at the same time – our famous line, “paperwork, politics, and finances.”
I remember the day we signed on the dotted line, starting our adoption and thinking, “we’ve got to come up with a lot of money.” I will never forget that feeling!
That was the reason I created Your Adoption Finance Coach and today we are so very proud to be working with so many adoption professionals like Open Door. Learn more about our services and how we can help your families by scheduling a free demo. And check out our list of partnering agencies.