Hebrew Free Loan Society

Mission

The Hebrew Free Loan Society (HFLS) fosters financial stability and opportunity among low- and moderate-income New Yorkers in need by providing access to safe and affordable credit in the form of interest-free loans.<br><br>HFLS loans make an immediate, concrete difference in the lives of our borrowers, enabling them to invest in their education, start a business, meet emergency expenses, and more.<br><br>HFLS makes loans on a nonsectarian basis where the availability of interest-free credit will make a significant difference in an individual's or family's life. Since its founding in 1892, HFLS has provided more than $345M in interest-free loans to more than 875,000 borrowers while maintaining a repayment rate above 99%.<br>

New York NY | EIN: 13-5562239
Profile managed by nonprofit | Is this your nonprofit?
501(c)(3) organization

Hebrew Free Loan Society

Mission

The Hebrew Free Loan Society (HFLS) fosters financial stability and opportunity among low- and moderate-income New Yorkers in need by providing access to safe and affordable credit in the form of interest-free loans.<br><br>HFLS loans make an immediate, concrete difference in the lives of our borrowers, enabling them to invest in their education, start a business, meet emergency expenses, and more.<br><br>HFLS makes loans on a nonsectarian basis where the availability of interest-free credit will make a significant difference in an individual's or family's life. Since its founding in 1892, HFLS has provided more than $345M in interest-free loans to more than 875,000 borrowers while maintaining a repayment rate above 99%.<br>

New York NY | EIN: 13-5562239
Profile managed by nonprofit | Is this your nonprofit?
501(c)(3) organization

Beacon Report

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  • Additional Information
Accountability Panel
ScoreMetric
100%
Website Reported on Tax Form:Yes
100%
No Material Diversion of Assets:Yes
100%
Financial Statements:Yes
100%
Audit Oversight Committee:Yes
0%
No Loans Reported To or From Officers:No
100%
Records Retention Policy:Yes
100%
Tax Form Disclosed on Website:Yes
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