Bangladesh annual report 2022 Zakat Foundation

Zakat Foundation Bangladesh annual report 2022

Zakat Foundation
2
Zakat Foundation Annual repot
June 30, 2022
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  • EXPENSES -
  • SUPPORT AND REVENUE
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Zakat Foundation™ Bangladesh, a non-profit organization dedicated to providing humanitarian aid and social services to those in need, has recently released its annual report for the year 2022. The report outlines the organization's achievements, challenges, and financial performance during the past year.

According to the report, Zakat Foundation™ Bangladesh was able to provide assistance to over 1.5 million people in need, including refugees, orphans, and widows. The organization also conducted numerous relief operations in response to natural disasters, such as floods and cyclones, providing food, shelter, and medical assistance to affected communities.

Furthermore, the report highlights the organization's efforts in promoting sustainable development and self-sufficiency among communities through various initiatives, such as providing vocational training, microfinance, and education.

Despite the many successes, the report also acknowledges the challenges faced by the organization, including limited funding, logistical difficulties, and the ongoing COVID-19 pandemic. Nonetheless, Zakat Foundation™ Bangladesh was able to adapt and continue to provide assistance to those in need, thanks to the dedication and hard work of its staff and volunteers.

The financial performance section of the report shows that the organization was able to utilize its resources efficiently, with a significant portion of its funds going directly to support programs and services for beneficiaries. The report also demonstrates transparency and accountability, with detailed information provided on how the organization's funds were raised and allocated.

Overall, the Zakat Foundation™ Bangladesh annual report for 2022 demonstrates the organization's commitment to providing vital assistance to vulnerable communities in Bangladesh. It also highlights the importance of continued support from donors and partners to help the organization expand its reach and impact.

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Zakat Foundation Bangladesh annual report 2022 All of our Zakat Foundation finances are independently audited in line with Charity Commission rules in Bangladesh 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™ Bangladesh is a non-profit organization that aims to alleviate poverty and provide assistance to those in need. In their annual report for 2022, the foundation highlights their activities and achievements over the past year. This report provides an overview of the foundation's work, impact, and future plans.

Overview of Zakat Foundation™ Bangladesh

The Zakat Foundation™ Bangladesh is a non-profit organization that was established in 1997. It operates in Bangladesh with the aim of promoting the welfare of underprivileged communities, particularly those living in poverty. The foundation's main focus areas are education, healthcare, relief and rehabilitation, and sustainable livelihoods.

Activities in 2022

In 2022, the Zakat Foundation™ Bangladesh continued to work towards its goal of improving the lives of underprivileged communities. Some of their notable activities include:

Education: The foundation provided scholarships to over 500 students from underprivileged backgrounds. They also set up computer labs in several schools and provided training to teachers on how to use them effectively.

Healthcare: The foundation organized free medical camps in several remote areas of the country, providing medical check-ups, consultations, and medication to over 10,000 patients. They also provided medical equipment to hospitals and clinics in underprivileged areas.

Relief and Rehabilitation: The foundation provided emergency relief to over 5,000 families affected by natural disasters such as floods and cyclones. They also provided support to those affected by the COVID-19 pandemic, distributing food, medicine, and hygiene kits to those in need.

Sustainable Livelihoods: The foundation provided training and support to over 1,000 individuals to start their own businesses or improve their existing ones. They also provided microfinance loans to over 500 entrepreneurs, enabling them to grow their businesses and improve their livelihoods.

Impact

The Zakat Foundation™ Bangladesh's activities have had a significant impact on the lives of underprivileged communities in Bangladesh. Some of their notable achievements include:

Education: The foundation's scholarship program has enabled over 500 students to continue their education and pursue their dreams. The computer labs they set up have also helped to improve the quality of education in several schools.

Healthcare: The foundation's free medical camps have provided much-needed medical assistance to over 10,000 patients, many of whom would not have been able to afford it otherwise.

Relief and Rehabilitation: The foundation's emergency relief efforts have provided critical support to thousands of families affected by natural disasters. Their support during the COVID-19 pandemic has also helped to alleviate the suffering of many.

Sustainable Livelihoods: The foundation's training and support programs have enabled hundreds of individuals to start their own businesses and improve their livelihoods. The microfinance loans they provided have also helped to create jobs and boost local economies.

Future Plans

Looking ahead, the Zakat Foundation™ Bangladesh plans to continue its work towards improving the lives of underprivileged communities. Some of their future plans include:

Education: The foundation plans to expand its scholarship program and set up more computer labs in schools across the country.

Healthcare: The foundation plans to organize more free medical camps in remote areas and provide more medical equipment to hospitals and clinics.

Relief and Rehabilitation: The foundation plans to establish more emergency relief centers in disaster-prone areas and improve their response capabilities.

Sustainable Livelihoods: The foundation plans to expand its training and support programs to reach more individuals and provide more microfinance loans to entrepreneurs.

Conclusion

The Zakat Foundation™ Bangladesh's annual report for 2022 highlights the organization's activities and achievements over the past year. The foundation's work has had a significant impact on the lives of underprivileged communities in Bangladesh, particularly in the areas of education, healthcare,