The Zakat Foundation™ Bangladesh is a non-profit organization that aims to uplift the poor and the needy by providing them with food, shelter, education, and healthcare. Established in 1993, the organization has been working relentlessly to help the underprivileged sections of society.
The foundation believes in the Islamic principle of Zakat, which is the practice of giving a portion of one's wealth to the needy. Zakat is an act of charity that holds great significance in Islam, and the Zakat Foundation™ Bangladesh seeks to promote this principle through its work.
The foundation's annual report for 2020 highlights the various initiatives and programs that were undertaken during the year to assist the impoverished sections of society. The report details the organization's financial statements, program activities, and achievements during the year.
The Zakat Foundation™ Bangladesh's 2020 annual report shows that the organization continued to provide essential services to the needy despite the challenges posed by the COVID-19 pandemic. The foundation provided relief to those affected by the pandemic, including distributing food and hygiene items to vulnerable communities. The organization also established quarantine centers and provided medical equipment to help combat the pandemic's spread.
The foundation's education programs in 2020 provided scholarships, books, and other educational materials to underprivileged students. The organization continued to run its orphanage program, which provides food, shelter, and education to orphaned children.
The Zakat Foundation™ Bangladesh's healthcare initiatives in 2020 included providing free medical check-ups and treatments to the poor and the needy. The organization also provided medical equipment to various hospitals and clinics to help them treat patients effectively.
The foundation's livelihood program aimed to empower underprivileged communities by providing them with vocational training and employment opportunities. The organization also distributed livestock and agricultural equipment to help impoverished families become self-sufficient.
The Zakat Foundation™ Bangladesh's 2020 annual report also highlights the organization's efforts to promote social justice and human rights. The foundation conducted various awareness-raising campaigns on issues such as child marriage, gender-based violence, and discrimination against marginalized communities.
In terms of financials, the Zakat Foundation™ Bangladesh's 2020 annual report shows that the organization received donations worth over BDT 1.75 billion during the year. The foundation spent BDT 1.69 billion on various programs and initiatives, with the majority of the expenditure going towards relief and development activities.
The report also highlights the organization's efforts to ensure transparency and accountability in its operations. The foundation has implemented robust financial management systems and undergoes regular external audits to ensure that its operations are in line with international standards.
Overall, the Zakat Foundation™ Bangladesh's 2020 annual report showcases the organization's commitment to its mission of alleviating poverty and promoting social justice. The foundation's work has touched the lives of thousands of underprivileged individuals and communities, and its efforts are commendable. With continued support and collaboration, the Zakat Foundation™ Bangladesh can continue to make a positive impact on society and improve the lives of those in need.
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