What's new, Cowboy?

We have $11,000 left to raise, but oh wait! What's that I hear? It's the Wesley Savings Account Cowboy! Hehe. After we throw our saved money into the pot, we only have 6 bad little financial barriers left to go!!! ($5,714 to be exact.)

WOOHOO!!!


Okay I really never in my wildest dreams imagined we would raise $10,000 in three weeks. I mean, holy frijole! So sorry if the rest of this post feels out of left field. You see, after speaking to some adoption professionals and a CPA we're switching up our fundraising.


Part of the reason we called our giveaway winners a bit early is because after hitting our $10,000 goal on our Reece's Rainbow donation page, we switched to a ChipIn account that is not tax deductible. So to be fair to those giveaway participants who were offered tax deductions we decided to end it early.


The other reason we called it early is because our daughter's upcoming surgery preparations are pretty distracting. Please pray for us here. Pray for sleep and good pain management for her. This will be a hard surgery for her. But on to happier things...


See the pretty ChipIn button to the right? Pretty.


So why a ChipIn account? It's because we cannot access our adoption grant money raised so far through Reece's Rainbow until *after* our dossier has been finished and approved AND our son's birth country gives us official travel dates. (That's to make sure the donated funds go to his adoption and not some tropical vacation or something. :)) But there are some expenses we need to pay for now while compiling our dossier. Thus the ChipIn.


Also none of our RR fund is counted toward our tax credit. So in order to get that tax credit in 2013 we want to be paying things out of pocket from here on out. Switching to a ChipIn account accomplishes that and allows us to pay for these things out of pocket.


100% of the ChipIn account will be used solely for adoption expenses. Our ChipIn is a direct line to Roland's ransom. When we raise the entire amount, we'll have met his ransom.


But ChipIn is straight funds. No tax deductions.


If we somehow go over our ChipIn total, those funds will go directly towards our son for things like medical care or food for the weeks we're in his birth country. And while that would be wonderful, I want to be totally clear that we only need the $5,714 to be good to go get this boy!


Thank you all so much for giving from your hearts. We will be good stewards of your gifts and good parents. We're not perfect, in fact this process makes us painfully aware of everywhere we are deficient, but you have been our backbone. And I am forever thankful.


PS: If any of this doesn't make sense please email me at rolandquest@gmail.com. That's the email address I set up just for this blog to answer questions about Roland and his rescue. I'll answer your questions as best I can or forward them to someone smarter than me.


PPS: If you wanted to give a donation, but you were counting on the tax deduction (especially if you were donating through a business), you can still give to Reece's Rainbow. They are a wonderful organization helping children in need. There's one other little guy who is near and dear to my heart. Click here to go to his page. He doesn't yet have a family and he's living in an institution. Any funds his way would be 100% tax deductible and greatly appreciated.


Thank you!