Philippines annual report 2002 Zakat Foundation

Zakat Foundation Philippines annual report 2002
Zakat Foundation
2
Zakat Foundation Annual repot
June 30, 2022
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EXPENSES $

REVENUE $

NET ASSETS $

The Zakat Foundation™ Philippines, a non-profit Islamic organization, has recently released its annual report for 2002. This report provides a comprehensive overview of the foundation's activities, achievements, and financial performance throughout the year.

The report highlights the foundation's commitment to the Islamic principle of Zakat, which requires Muslims to donate a portion of their wealth to help those in need. In 2002, the foundation collected over Php 8 million in Zakat funds and disbursed them to various beneficiaries across the country.

The report also discusses the foundation's various programs and initiatives, which aim to uplift marginalized communities and improve their standard of living. These programs include emergency relief, livelihood assistance, education, and healthcare. In 2002, the foundation provided assistance to over 12,000 families and individuals in need.

Moreover, the report provides a detailed breakdown of the foundation's financial statements, demonstrating its accountability and transparency in managing donor funds. The foundation's financial performance for 2002 was excellent, with a surplus of Php 1.6 million, which was reinvested in its programs and initiatives.

Overall, the Zakat Foundation™ Philippines' annual report for 2002 showcases its significant contributions to the Filipino Muslim community and beyond. The foundation's commitment to the Islamic principle of Zakat and its various programs have helped many people in need, and its financial management practices ensure donor trust and confidence. The foundation's work is a testament to the positive impact of Islamic charity and philanthropy in the Philippines.

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Zakat Foundation Philippines annual report 2001 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 is a non-government organization that focuses on providing assistance and support to underprivileged communities in the country. In 2002, the organization released its annual report, highlighting its accomplishments and impact on the lives of the beneficiaries it has served.

The year 2002 was a significant year for Zakat Foundation™ Philippines, as it marked its third year of operation. The organization continued to implement its programs and initiatives aimed at uplifting the lives of the poor and marginalized sectors of society.

One of the significant achievements of the organization in 2002 was the establishment of its Community Development Program. The program aimed to provide sustainable livelihood opportunities for the communities it serves. Through this program, Zakat Foundation™ Philippines was able to create income-generating projects such as rice milling, livestock raising, and handicraft making. The organization also provided skills training and technical assistance to the beneficiaries to ensure the success and sustainability of the projects.

Another accomplishment of Zakat Foundation™ Philippines in 2002 was the expansion of its Health Program. The organization provided medical and dental services to the communities, particularly in areas where access to healthcare was limited. Zakat Foundation™ Philippines also conducted health education campaigns to raise awareness on the importance of maintaining good health and hygiene practices.

In 2002, Zakat Foundation™ Philippines also continued to provide relief assistance to communities affected by natural disasters such as typhoons and floods. The organization distributed food packs, blankets, and other essential items to the affected families to help them cope with the effects of the disasters.

Furthermore, Zakat Foundation™ Philippines continued to support the education of underprivileged children through its Education Program. The organization provided school supplies and scholarships to deserving students, particularly those from poor families. Zakat Foundation™ Philippines also partnered with schools and educational institutions to improve the quality of education in the communities it serves.

Overall, Zakat Foundation™ Philippines' annual report for 2002 showed the organization's commitment to its mission of empowering underprivileged communities in the country. Through its various programs and initiatives, Zakat Foundation™ Philippines was able to provide assistance and support to thousands of individuals and families, helping them improve their lives and livelihoods.

Moving forward, Zakat Foundation™ Philippines continues to strive towards its goal of creating a better and more equitable society for all Filipinos. With its dedicated team and partners, the organization is confident in its ability to make a positive impact on the lives of the most vulnerable members of society.