Nigeria annual report 2017 Zakat Foundation

Zakat Foundation Nigeria annual report 2017

Zakat Foundation
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Zakat Foundation Annual repot
June 30, 2022
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EXPENSES $

REVENUE $

NET ASSETS $

Zakat Foundation™ Nigeria is a non-profit organization that is committed to helping those in need across Nigeria. Their annual report for 2017 provides a comprehensive overview of the organization's activities throughout the year.

The report highlights the various programs and initiatives undertaken by Zakat Foundation™ Nigeria to support the less privileged in society. These programs include the provision of food aid, water and sanitation services, healthcare services, and educational support.

One of the notable achievements of the organization in 2017 was the successful completion of several water and sanitation projects in various parts of the country. These projects provided access to clean drinking water and improved sanitation facilities to thousands of individuals and families.

In addition, Zakat Foundation™ Nigeria also implemented a number of educational initiatives aimed at promoting literacy and learning among underprivileged children. These initiatives included the distribution of school supplies, the provision of scholarships and bursaries, and the establishment of learning centers in some communities.

The organization's efforts in providing healthcare services were also highlighted in the report. Zakat Foundation™ Nigeria partnered with healthcare providers to provide medical services to those who could not afford them, and also organized medical outreaches in some areas.

Overall, the 2017 annual report provides a clear picture of the impact that Zakat Foundation™ Nigeria is making in the lives of those in need across the country. The organization's commitment to serving humanity is evident in the many programs and initiatives undertaken throughout the year, and it is clear that they are making a significant difference in the lives of many individuals and families.

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Zakat Foundation Nigeria annual report 2022 All of our Zakat Foundation finances are independently audited in line with Charity Commission rules in Nigeria 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*.

Zakat Foundation™ Nigeria is a non-governmental organization that has been working to eradicate poverty and promote social justice in Nigeria since its establishment in 2008. The organization operates on the principles of Zakat, an Islamic concept of giving a portion of one's wealth to those in need, to create a society where everyone has equal access to basic needs and opportunities.

The organization's annual report for the year 2017 was an impressive display of its achievements and progress towards achieving its mission. The report covered the organization's activities, projects, and achievements throughout the year and provided insight into its financial performance.

Activities and Projects:

In 2017, Zakat Foundation™ Nigeria launched several programs aimed at improving the lives of the less privileged in the society. One of the major programs was the Zakat and Sadaqat Education Fund, which provided educational support to orphans and vulnerable children in different parts of the country. Through this program, the organization was able to sponsor the education of 1,200 children in various schools across Nigeria.

Another program launched by the organization in 2017 was the Health Support Fund, which provided financial assistance to indigent patients who could not afford medical treatment. The organization was able to support over 600 patients through this program.

In addition to these programs, the organization also carried out several projects aimed at providing relief to people affected by natural disasters and conflicts. One of such projects was the Emergency Relief Project, which provided food, shelter, and medical care to victims of the conflict in the North-Eastern part of the country. The organization was able to support over 15,000 individuals through this project.

Achievements:

The organization's efforts in 2017 yielded impressive results, and its impact was felt across different parts of the country. The Zakat and Sadaqat Education Fund, for instance, helped to reduce the number of out-of-school children in the country and provided hope for the future of the beneficiaries. The Health Support Fund also helped to save lives by providing financial assistance to indigent patients who would have otherwise been unable to access medical treatment.

The organization's Emergency Relief Project was another major achievement in 2017, as it provided life-saving support to victims of the conflict in the North-Eastern part of the country. The project helped to alleviate the suffering of the affected individuals and provided hope for a better future.

Financial Performance:

Zakat Foundation™ Nigeria's financial report for 2017 was a testament to the organization's commitment to transparency and accountability. The organization generated a total revenue of N1.7 billion in 2017, with the Zakat and Sadaqat Education Fund and Health Support Fund accounting for a significant portion of the revenue. The organization also spent over N1.2 billion on its programs and projects, with a significant portion of the funds going towards the Emergency Relief Project.

Conclusion:

Zakat Foundation™ Nigeria's annual report for 2017 showcased the organization's commitment to its mission of eradicating poverty and promoting social justice in Nigeria. The organization's programs and projects helped to improve the lives of the less privileged in the society, and its financial performance demonstrated its commitment to transparency and accountability. Overall, Zakat Foundation™ Nigeria's 2017 annual report was an impressive display of the organization's achievements and progress towards achieving its mission.