Adopting a child internationally is expensive. Estimates run at about $25 000-50 000, with typical costs including home study costs, adoption agency fees, travel expenses and more. Some families have saved, borrowed from family or even taken out bank loans. And now, others are turning to crowd funding. Sites like Kickstarter and Indiegogo have helped finance new products, films, start-ups – so why not adoption?
Check out this article from CNN Money on AdoptTogether, the first nonprofit crowd funding site devoted to adoption. So far the site has raised $1 million for 300 adoptive families.