Philippines annual report 2018 Zakat Foundation

Zakat Foundation Philippines annual report 2018

Zakat Foundation
2
Zakat Foundation Annual repot
June 30, 2022
  • Description
  • More

EXPENSES $

REVENUE $

NET ASSETS $

Zakat Foundation™ Philippines is a non-profit organization that aims to alleviate poverty and improve the lives of the less fortunate in the Philippines. The organization provides assistance to those who are in need, regardless of their religion, race, or gender. As part of their commitment to transparency and accountability, Zakat Foundation™ Philippines releases an annual report detailing their accomplishments and financial status.

The 2018 annual report of Zakat Foundation™ Philippines highlights the organization's achievements in various areas of their work. One of the major highlights of the report is their disaster response efforts. In 2018, the Philippines was hit by several natural disasters, including typhoons and earthquakes. Zakat Foundation™ Philippines was quick to respond to these disasters, providing emergency relief and assistance to those affected. They distributed food, water, and other basic necessities to thousands of families in affected areas.

In addition to their disaster response efforts, Zakat Foundation™ Philippines also implemented several sustainable development projects in 2018. These projects aim to provide long-term solutions to poverty and empower communities to become self-sufficient. One of the projects highlighted in the report is the Livelihood Assistance Program, which provides training and resources to help individuals start their own businesses. The program has helped many individuals and families generate income and improve their standard of living.

The annual report also provides a breakdown of the organization's finances. It shows that the majority of their funds were used for programs and services, while a smaller portion was allocated for administrative expenses. The report also includes a list of donors and partners who supported Zakat Foundation™ Philippines in 2018.

Overall, the 2018 annual report of Zakat Foundation™ Philippines demonstrates the organization's commitment to its mission of helping those in need. Through their disaster response efforts and sustainable development projects, they have made a significant impact in the lives of many Filipinos. Their transparent and accountable approach to their work ensures that donors can trust that their contributions are being used effectively and efficiently.

https://drive.google.com/drive/folders/1jfKBk6ehtPsMg2_lwK4PIqXc1OjoJhMc?usp=sharing

Zakat Foundation Philippines annual report 2018 All of our Zakat Foundation finances are independently audited in line with Charity Commission rules in Philippines 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™ Philippines Annual Report 2018: Empowering Communities and Serving Humanity

The Zakat Foundation™ Philippines is a non-governmental organization dedicated to serving and empowering marginalized communities in the Philippines. The organization was established in 2013 with a mission to promote the well-being of communities through the principles of zakat (Islamic almsgiving) and sadaqah (voluntary charity).

The Zakat Foundation™ Philippines works towards its mission by providing humanitarian aid, education, and livelihood support to those in need. The organization focuses on assisting vulnerable communities such as refugees, disaster-affected populations, and those living in poverty.

In its Annual Report 2018, the Zakat Foundation™ Philippines highlights its achievements and impact throughout the year. The report outlines the organization's programs, projects, and partnerships, and provides a detailed breakdown of its financial statements.

Humanitarian Aid

The Zakat Foundation™ Philippines provided humanitarian aid to thousands of individuals affected by natural disasters and conflict in 2018. The organization responded to disasters such as the Marawi siege, Typhoon Ompong, and the earthquake in Indonesia by distributing food packs, hygiene kits, and other essential items.

Through its "Sponsor a Child" program, the organization also provided education and health support to orphaned children affected by the Marawi conflict. The program ensures that children have access to basic necessities such as education, health care, and nutritious food.

Education

The Zakat Foundation™ Philippines recognizes the importance of education in breaking the cycle of poverty. In 2018, the organization continued to provide support to schools in conflict-affected areas through its "Adopt a School" program. The program aims to improve the quality of education in these areas by providing necessary resources such as school supplies, equipment, and teacher training.

The organization also launched its "Scholarship Program" in 2018, which provides financial support to deserving students from underprivileged backgrounds. The program aims to enable students to complete their education and pursue their dreams.

Livelihood Support

The Zakat Foundation™ Philippines supports livelihood programs to empower communities to become self-sufficient. In 2018, the organization continued to provide support to farmers through its "Farmers Assistance Program." The program aims to increase the productivity of small-scale farmers by providing them with seeds, tools, and training.

The organization also provided support to micro-entrepreneurs through its "Small Business Assistance Program." The program provides training and financial assistance to individuals who wish to start or expand their small businesses.

Partnerships

The Zakat Foundation™ Philippines partners with local and international organizations to maximize its impact. In 2018, the organization continued to collaborate with various organizations such as the United Nations High Commissioner for Refugees (UNHCR) and the Philippine Disaster Resilience Foundation (PDRF).

The organization also partnered with the Islamic Relief Worldwide (IRW) to provide humanitarian aid to those affected by the Marawi conflict. The partnership enabled the Zakat Foundation™ Philippines to expand its reach and provide support to more individuals in need.

Financial Statements

The Zakat Foundation™ Philippines maintains transparency and accountability by providing detailed financial statements in its annual report. The report provides a breakdown of the organization's income and expenses, and its sources of funding. The organization's financial statements reflect its commitment to responsible financial management and good governance.

Conclusion

The Zakat Foundation™ Philippines Annual Report 2018 reflects the organization's dedication to serving and empowering communities in need. The organization's programs and projects have made a positive impact on thousands of individuals and families throughout the year.

The organization's partnerships and collaborations have enabled it to expand its reach and maximize its impact. The organization's commitment to transparency and accountability is reflected in its detailed financial statements.