canada annual report 2022 Zakat Foundation

Zakat Foundation canada annual report 2022

Zakat Foundation
2
Zakat Foundation Annual repot
June 30, 2022
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  • EXPENSES -
  • SUPPORT AND REVENUE
  • NET ASSETS -
  • Contributions
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The Zakat Foundation™ Canada is a charitable organization that aims to provide humanitarian aid and support to those in need, both domestically and internationally. As part of their commitment to transparency and accountability, the foundation recently released their annual report for the year 2022.

The report highlights the foundation's accomplishments and impact throughout the year, including their response to the ongoing COVID-19 pandemic. The Zakat Foundation™ Canada provided support to vulnerable individuals and families, including refugees, through the distribution of food, hygiene kits, and financial assistance.

In addition to their COVID-19 response, the foundation continued to provide ongoing support in various areas, including education, healthcare, and social welfare. They implemented various programs and initiatives to address poverty and inequality, including sponsoring orphans, providing vocational training, and supporting small businesses.

The Zakat Foundation™ Canada also emphasized their commitment to sustainability and environmental stewardship. They worked to reduce their carbon footprint and implemented green initiatives throughout their operations.

The annual report also includes financial statements, which demonstrate the foundation's financial health and responsible use of donor funds. The report shows that the Zakat Foundation™ Canada is committed to transparency and accountability, and they use donor funds efficiently to maximize their impact and achieve their mission.

Overall, the Zakat Foundation™ Canada's 2022 annual report showcases the organization's dedication to providing humanitarian aid and support to those in need, while also emphasizing their commitment to transparency, accountability, and sustainability. The foundation's efforts continue to make a positive impact on the lives of vulnerable individuals and communities, and their annual report serves as a testament to their ongoing commitment to excellence.

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Zakat Foundation canada annual report 2022 All of our Zakat Foundation finances are independently audited in line with Charity Commission rules in canada Read our annual reports to find out more: 2022 Zakat Foundation Annual Report In 2022, over 73,570 Muslims trusted Zakat Foundation to distribute their Zakat worldwide. It is a privilege to help Zakat payers with this important commitment. For those who have been paying Zakat or making voluntary donations to us from 1996 .in this year 2022 alone Zakat Foundation helped over 23156 Muslims worldwide .Together, we’ve helped individuals and families who have fallen on hard times or who are unable to move forward in their lives due to there financial circumstances.Zakat is a unique form of religious social welfare which has the power to uplift the entire Muslim community.Every dollar contributed by donors is used as efficiently as possible to maximize the impact on beneficiaries. Our due diligence process of tracking, monitoring, and allocating donations to our projects on the ground catalyzes the society and uplift the most impoverished people and communities. Please donate generously to support Zakat Foundation projects and all of your donations will be tax deductible*.

Introduction:
The Zakat Foundation™ Canada is a non-profit organization established to empower and support underprivileged communities across Canada. Since its inception, the organization has been working tirelessly to alleviate poverty, provide education, and create sustainable livelihood opportunities for the marginalized members of society. The Foundation has recently released its Annual Report for 2022, outlining its achievements and goals for the year.

Overview of the Annual Report:
The 2022 Annual Report by the Zakat Foundation™ Canada is a comprehensive document that highlights the organization's activities, achievements, and financial standing. The report is divided into different sections, each of which provides detailed information on various aspects of the Foundation's work.

Activities and Achievements:
The report outlines the various activities undertaken by the Zakat Foundation™ Canada in 2022. These activities include providing financial assistance to needy families, distributing food and clothing, and supporting education and healthcare initiatives. The Foundation has also been actively involved in disaster relief efforts, providing support to those affected by natural disasters such as floods and earthquakes.

One of the major achievements of the Zakat Foundation™ Canada in 2022 was the successful completion of several infrastructure projects in underprivileged communities. The Foundation constructed schools, water supply systems, and health clinics in areas that were previously underserved. These projects have significantly improved the living standards of the communities they serve, and the Foundation plans to continue such initiatives in the future.

Financial Standing:
The Zakat Foundation™ Canada has always been transparent in its financial dealings, and the 2022 Annual Report is no exception. The report provides a detailed breakdown of the Foundation's income and expenditure for the year. The Foundation's income mainly comes from individual donations and institutional grants, while its expenditures are primarily focused on providing aid to the needy.

The report also provides information on the Foundation's financial reserves, which are set aside to ensure the organization's long-term sustainability. The reserves are invested in ethical and socially responsible projects that align with the Foundation's mission and values.

Future Plans:
The Zakat Foundation™ Canada's 2022 Annual Report also outlines the organization's plans for the future. The Foundation aims to expand its reach and provide aid to more underprivileged communities across Canada. It plans to increase its disaster relief efforts and continue its infrastructure projects in underserved areas.

The Foundation also plans to develop new programs that will provide vocational training and entrepreneurship opportunities to marginalized communities. These initiatives will enable individuals to become self-sufficient and break the cycle of poverty.

Conclusion:
The Zakat Foundation™ Canada's 2022 Annual Report is a testament to the organization's commitment to serving the underprivileged communities in Canada. The report showcases the Foundation's activities and achievements over the past year and provides insight into its financial standing and future plans. The Foundation's transparent and ethical approach to its work has earned it the trust and support of donors and stakeholders alike. It is heartening to see such initiatives that work towards creating a better future for all members of society.