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General
FAQ's:
What
is the Abba Father Fund?
Providing interest-free covenant loans and grants to qualified applicants
through donations.
How does interest-free help the fund?
“Cash Flow Crunch”: Provides the
necessary funds up front and provides reasonable repayment plans.
Re-circulating Funds: Payments are re-circulated into new adoption
loans, making it self-perpetuating.
Adoption tax credit: Couples may take advantage of the federal adoption
tax credit of up to $11,650 per child.
How can I get involved?
Pray. Donate. Serve. Spread the word.
Are contributions tax deductible?
Yes. Please make checks payable to Temple Baptist
Church, writing ‘AFM’ or
Abba Father in the memo line, along with the name of a specific family
if you wish.
Abba Father Ministry exists to glorify God by fulfilling our biblical
mandate to care for the orphans of the world (James 1:27).
The Abba Father Fund provides an opportunity for the body of Christ
to become engaged in assisting with the significant financial needs
of families adopting
Families
FAQ's:
What is the application and approval procedure?
A couple submits their application to the Abba Father Fund along with
all requested information, including a copy of their home study.
What’s the criteria to receive assistance?
The applicant must be a Christian couple, and need financial assistance
in order to complete the adoption.
Are
there income requirements?
Finances as well as many other factors are considered. We rely heavily
on the adoption agencies background checks and home study.
What is the maximum amount a couple may request?
A family may request any amount of money,
but there is no guarantee that it will be available. We hope
to provide a minimum of $5,000-10,000.
Why is financial assistance referred to as a “covenant loan”?
We do not ask applicants to enter into a traditional legally binding
note. Instead, we ask the couple to enter into a covenant agreement
whereby they covenant to reimburse the Abba Father Fund in manageable
monthly payments.
How do you handle broken “covenant loans”?
We work with a couple if they fall behind. If the couple should have
difficulty with repayment, then the church will follow discipline procedure
set out in scripture (Matthew 18).
What will the monthly reimbursement amount be?
The amount of your monthly reimbursement depends upon the total amount
of financial assistance that you receive.
Can a family receive a financial commitment before beginning the adoption
process?
The family needs to use its own resources to start the adoption application
process and proceed through the home study stage.
How are funds dispersed?
The fund makes payments directly to the family after they are approved
and available.
Do we have to use the money from the federal adoption tax credit to
reimburse the fund?
You may use any means available to reimburse the fund. The adoption
tax credit is a convenient source of funds to use for reimbursement,
and we strongly encourage our applicants to do so.
Does the fund only give loans to church members?
The fund seeks to make loans available for any qualified applicant
in the Hattiesburg area and surrounding counties.
Will you help other churches in developing a similar fund?
The fund would love to see churches across the state and country develop
funds of their own, and we are willing to educate churches on how to
do so.
Does the fund give loans to singles?
We recognize that God’s biblical
model of a family includes both a father and a mother. Accordingly,
the Abba Father
Fund makes its
adoption assistance resources in the general loan fund available
only to married Christian couples.
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