Posts Tagged ‘recycle’

Earth Day at HFL – We Recycle Dollars

April 22nd, 2013

Post authored by Carolyn Bellinson, a Hebrew Free Loan Board Member

Earth Day 2013 got me thinking about the ways in which we (the collective “we”) have taken care, not only of our physical environment, but also the human environment in which we live.

Hopefully all of us are in the habit of recycling as much of our refuse as possible, so as to free up space in the landfills that dot our landscape.  Recycling our trash also helps alleviate the tearing down of more trees or the production of more rubber, by allowing new goods to be produced using old materials that have been discarded.

Recycling can also occur in our human environment.  In fact, Hebrew Free Loan has been promoting such “recycling” for over 100 years now.  In our long tradition of providing interest free loans to our Jewish community, recycling has been a crucial factor of our continued ability to provide loans to our community.  As loans are paid back, those same dollars go out the door to another loan recipient.  In this manner, HFL is one of the original recyclers aiding  the human environment.

HFL’s Evergreen Legacy Fund (ELF)  highlights just how much recycling impacts our community.  In just one ELF the power of recycling has made possible the following loans for our community:

*security deposit and rent for a woman to leave an abusive marriage

*used car for a woman to get her paralegal certificate from a community college

*home repairs to fix up a house purchased by a recently divorced father

*car repair for a woman to drive her disabled brother to his appointments

So, just as we teach our children the great importance of taking care of our planet, we must also teach our children how crucial it is to take care of our community.  HFL has been playing its part in helping our community.  Have you?

Please visit our website ( and see how you can get involved in the human recycling movement. In addition, you can call us at 248-723-8184.

Increase. Reuse. Recycle.

September 5th, 2012

The common phrase goes something like this, “Reduce. Reuse. Recycle”. When it comes to the green initiative, we support the saying, but when it comes to interest free loans, we like the phrase “Increase. Reuse. Recycle”. That’s because at Hebrew Free Loan, we’ve got a lot to to give. And one of the best things about our agency is that every dollar you give to a Hebrew Free Loan fund is recycled.

That doesn’t mean we put your money into a recycling bin, but in some ways, we do. That’s because every dollar that you donate to a loan fund, is essentially loaned out to a community member in need, and then repaid, and reused for the next loan cycle. It’s our program called the Evergreen Legacy Fund (ELF). It’s a giving opportunity that enables our donors to give $25,000 or more, a donation that helps our agency build on our loan capital. As part of this gift, our donors receive an annual report of the loans made with their specific contributed dollars. As the loans are repaid, the dollars are then returned to the fund, and then loaned out, again, and again.

It’s the recycling power of your original gift that enables our agency to help individuals and families who need our assistance now. Even better, it provides us with the confidence to know that we can also provide them assistance in the future. In more ways than one, every dollar you donate to an ELF becomes a legacy gift. That’s because on average, every $1 you donate delivers $25 in loan capital, helping 25 individuals, or families, manage and cope with their financial stress. At Hebrew Free Loan, we’re proud to say that no other donation model can provide this kind of impact.

And while we’re talking about recycling our dollars, we think it’s also important to point out some agencies in Detroit that are greening our environment. We believe it’s equally as important to what we do, and we wanted to let you know that there are other great ways to get involved in your community. So check out some of the agencies below, and let us know how you plan on recycling this year!

  • The Greening of Detroit: The Greening’s mission is to guide and inspire others to create a ‘greener’ Detroit through planting and educational programs environmental leadership, advocacy, and by building community capacity.
  • Arts and Scraps: Arts & Scraps is a Detroit non-profit organization that uses recycled industrial materials to help people of all ages and abilities think, create and learn.
  • Green Garage: The Green Garage is actually three things: a building located in the Midtown area of Detroit, a business enterprise, and a community of people dedicated to Detroit’s sustainable future.
  • Next Energy: NextEnergy’s mission is to accelerate energy security, economic competitiveness, and environmental responsibility through the growth of advanced-energy technologies, businesses, and industries.