The Zakat Foundation™ Saudi Arabia Annual Report 2019 has been released, and it is a comprehensive document that outlines the organization's activities, accomplishments, and financial performance for the year. The report reflects the Foundation's commitment to transparency, accountability, and effectiveness in its work to support the most vulnerable people in society.
The Zakat Foundation™ Saudi Arabia is a nonprofit organization that aims to empower communities, reduce poverty, and promote social justice through the Islamic principles of Zakat, Sadaqah, and Waqf. The Foundation operates in Saudi Arabia and around the world, providing humanitarian aid, education, healthcare, and development assistance to people in need.
The 2019 Annual Report provides a detailed overview of the Foundation's programs, partnerships, and impact during the year. The report highlights the Foundation's strategic priorities, which include poverty alleviation, disaster relief, education, healthcare, and sustainable development.
In 2019, the Foundation continued to expand its operations and reach, with a focus on improving the quality and effectiveness of its programs. The report showcases the Foundation's achievements in several areas, including:
Poverty Alleviation: The Foundation provided Zakat and Sadaqah assistance to over 5,000 families in need, helping them to meet their basic needs and improve their livelihoods. The Foundation also supported microfinance and entrepreneurship projects, which helped people to start small businesses and generate income.
Disaster Relief: The Foundation responded to several disasters and emergencies in 2019, including floods, earthquakes, and conflicts. The Foundation provided emergency relief, shelter, and food assistance to thousands of affected families, ensuring that they received timely and appropriate support.
Education: The Foundation supported education initiatives that aimed to improve access, quality, and relevance of education for children and youth. The Foundation provided scholarships, school supplies, and teacher training programs, which helped to improve learning outcomes for thousands of students.
Healthcare: The Foundation supported healthcare initiatives that aimed to improve access, quality, and affordability of healthcare services for people in need. The Foundation provided medical assistance, healthcare equipment, and training programs, which helped to improve health outcomes for thousands of people.
Sustainable Development: The Foundation supported sustainable development initiatives that aimed to promote environmental protection, economic growth, and social inclusion. The Foundation supported renewable energy projects, agriculture initiatives, and community development programs, which helped to build resilience and empower communities.
The 2019 Annual Report also provides detailed financial information, including the Foundation's income, expenditures, and assets. The report highlights the Foundation's strong financial performance, with a total income of over SAR 118 million and total expenditures of over SAR 103 million. The Foundation's assets increased to over SAR 528 million, reflecting its strong financial position and ability to sustain its operations and programs.
Overall, the Zakat Foundation™ Saudi Arabia Annual Report 2019 demonstrates the organization's commitment to serving the most vulnerable people in society, promoting Islamic values of compassion and generosity, and achieving meaningful and sustainable impact. The report reflects the Foundation's dedication to transparency, accountability, and effectiveness, and serves as a valuable resource for stakeholders, partners, and donors who support its mission and vision.