Getting Rich on Foster Care

June 7, 2014 permalink

Christopher Booker reports on the outrageously high incomes for foster parents and foster agencies. A parent with three foster kids, a typical number, can earn £92,354 a year, at current exchange rates $169,932 Canadian. Booker does not look into the question of why legislators appropriate these staggering sums for foster care. It is easy for legislators to believe that a more generous appropriation will improve the lives of foster children.

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Why the explosion in child-snatching is big business

When fostering excites venture capitalists, the number of children taken into care rises

The children's department of Norfolk council received the most damning report possible from Ofsted

Photo: ALAMY

By Christopher Booker, 4:12PM BST 07 Jun 2014

A Norfolk reader sends me photographs of an advertisement placed on the back of local buses by Norfolk and Suffolk county councils. “New challenge,” it reads. “Have you thought of fostering? If so you can earn £590 a week.”

Two things are interesting about this, one general, one specific. For a start, it shows what mind-boggling sums are now available to councils whose social workers take children into care. I have quoted before advertisements offering foster carers £400 a week for each child. But £590 a week means that a foster home looking after three children taken from their parents, which is not uncommon, can now earn almost £100,000 a year. In addition are the lavish fees charged by fostering agencies to make the arrangements, almost invariably run by ex-social workers.

Most people have no idea what a big business fostering has become. When one such firm, National Fostering Agency, representing 175 local authorities after being launched by two ex-social workers in 1995, was placed on the market by Rothschilds in 2012, it was sold by its “venture capital” owners Sovereign to a “private equity” firm, Graphite Capital, for a staggering £130 million.

The more specific point, however, is that, of all the councils that feature in my files as seizing children from their parents for what seem like questionable reasons, Norfolk and Suffolk are high on the list. In one of the most controversial cases I have reported, it was Norfolk’s social workers who were eventually forced to hand back a baby to its parents, after they had twice travelled to France to take the child into foster care in England. Having been thwarted in their plans, when a judge ruled that they had no legal right to do so, they seized several more children from different members of the same family who, to justify their removal, now face many charges of criminal abuse.

Yet last year the children’s department of this same council, Norfolk, received the most damning report possible from Ofsted, failing it as “inadequate” (the lowest rating) on every one of the five counts on which social workers are judged, from “quality of provision” to “leadership and management”.

Our children’s minister, Edward Timpson, may last week have launched yet another initiative to speed up the rate at which children are adopted. But even he only mentions 6,000 children waiting for adoption, compared with the record 68,000 currently in care in England and Wales alone.

It is hardly surprising, when fostering has excited the interest of venture capitalists as one of the most lucrative industries in the country, that the number of children social workers take from their parents into care has, in the past five years, well over doubled, to 28,000 a year.

What then happens to too many of these children in “care” is just another part of this very disturbing picture.

Source: Telegraph (UK)