Philippines annual report 2003 Zakat Foundation

Zakat Foundation Philippines annual report 2003
Zakat Foundation
2
Zakat Foundation Annual repot
June 30, 2022
  • Description
  • More

EXPENSES $

REVENUE $

NET ASSETS $

The Zakat Foundation™ Philippines has released its annual report for the year 2003, detailing its charitable activities and accomplishments throughout the year.

In 2003, the Zakat Foundation™ Philippines was able to distribute over 10 million Philippine pesos in aid to the needy, including disaster victims, refugees, and impoverished communities. This was made possible through donations from individuals and organizations who support the foundation's mission to alleviate poverty and promote social welfare in the Philippines.

One of the significant programs implemented by the Zakat Foundation™ Philippines in 2003 was its livelihood assistance program, which provided training and resources to help marginalized communities earn a sustainable income. The foundation also launched a scholarship program to support the education of underprivileged youth and improve their chances of breaking the cycle of poverty.

In addition to its domestic initiatives, the Zakat Foundation™ Philippines also extended its aid efforts to neighboring countries affected by natural disasters, such as the earthquake in Bam, Iran, and the tsunami in Aceh, Indonesia.

The foundation's annual report highlights its commitment to transparency and accountability, detailing its financial statements and demonstrating its compliance with government regulations and industry standards. This is a testament to the Zakat Foundation™ Philippines' dedication to responsible stewardship of its resources and donor trust.

Overall, the Zakat Foundation™ Philippines' annual report for 2003 showcases the organization's impact and effectiveness in improving the lives of disadvantaged communities in the Philippines and beyond. As the foundation continues its work, it remains committed to its vision of a more equitable and just society.

https://drive.google.com/drive/folders/1_LsQPZe0lrOq66U_TNkWbt1soE7Lxt-E?usp=sharing

Zakat Foundation Philippines annual report 2003 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*.

The Zakat Foundation™ Philippines is a non-profit organization that aims to alleviate poverty and provide assistance to the less fortunate. The organization is based on the principles of Zakat, which is the Islamic obligation of giving to those in need.

The annual report for 2003 highlights the achievements and progress made by the foundation in the past year. The report provides a comprehensive overview of the organization's activities and programs, including its finances, community outreach, and humanitarian aid.

One of the main highlights of the report is the foundation's financial performance in 2003. The organization received a total of Php 2,027,248 in donations and grants from various sources, including individuals, corporations, and government agencies. The report also details the foundation's expenditures, which amounted to Php 1,943,841.

In terms of community outreach, the foundation provided assistance to several communities in need, including those affected by natural disasters such as typhoons and earthquakes. The report details the distribution of relief goods and other forms of assistance, such as medical and financial aid.

The Zakat Foundation™ Philippines also implemented several programs aimed at promoting education and economic empowerment. One such program was the establishment of a microfinance program, which provided small loans to individuals and small businesses in impoverished communities. The report also details the foundation's efforts in promoting education, such as the distribution of school supplies and scholarships to deserving students.

The foundation's efforts in promoting social welfare are also highlighted in the report. The Zakat Foundation™ Philippines provided assistance to various sectors of society, including the elderly, women, and children. The organization also conducted several medical missions and provided free medical services to those in need.

Overall, the annual report for 2003 showcases the Zakat Foundation™ Philippines' commitment to alleviating poverty and providing assistance to those in need. The organization's programs and initiatives have helped improve the lives of many individuals and communities, and the foundation continues to strive towards its mission of promoting social welfare and economic empowerment.

In conclusion, the Zakat Foundation™ Philippines' annual report for 2003 is a testament to the organization's dedication and hard work in helping those in need. The report provides a detailed overview of the foundation's achievements and progress, highlighting the impact of its programs and initiatives. The Zakat Foundation™ Philippines is an exemplary organization that continues to make a significant contribution to the betterment of society, and its efforts are truly commendable.