Philippines annual report 2001 Zakat Foundation

Zakat Foundation Philippines annual report 2001
Zakat Foundation
Zakat Foundation Annual repot
June 30, 2022
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  • EXPENSES -
  • SUPPORT AND REVENUE
  • NET ASSETS -
  • Contributions
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As a charity organization dedicated to providing assistance to underprivileged communities in the Philippines, the Zakat Foundation™ Philippines releases an annual report every year to provide transparency to its donors and stakeholders. The annual report for the year 2001 provides a comprehensive overview of the foundation's activities and accomplishments for that year.

The report highlights the foundation's efforts in providing aid and relief to victims of natural disasters, such as typhoons and floods, that devastated many areas in the Philippines during that year. The foundation was able to distribute food, clothing, and other essential items to affected families, providing much-needed relief during their time of crisis.

Additionally, the Zakat Foundation™ Philippines continued its efforts in providing education and livelihood support to marginalized communities, particularly in rural areas. The foundation worked with local partners to establish schools, provide scholarships, and conduct vocational training programs to equip individuals with the necessary skills to improve their lives and communities.

One notable achievement mentioned in the report is the successful completion of a water supply project in the province of Lanao del Sur, which provided access to clean water to over 10,000 people in the area. This project was made possible through the collaboration of the Zakat Foundation™ Philippines with the local government and community members.

The annual report also provides financial information, including the foundation's income and expenditures for the year. Donors can be assured that their contributions are being used effectively and efficiently to support the foundation's programs and projects.

Overall, the Zakat Foundation™ Philippines' annual report for 2001 highlights the organization's commitment to its mission of providing aid and assistance to those in need, while also promoting sustainable development and community empowerment. Donors can be proud to support an organization that is making a meaningful impact in the lives of Filipinos.

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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*.

As a non-profit organization dedicated to helping those in need, the Zakat Foundation™ Philippines plays an important role in promoting social justice and equity in the Philippines. Each year, the foundation publishes an annual report that outlines its activities, accomplishments, and financial performance over the past year. In this article, we will examine the Zakat Foundation™ Philippines' annual report for 2001, highlighting its achievements and contributions to society.

Mission and Vision

The Zakat Foundation™ Philippines' mission is to promote social justice and alleviate poverty in the Philippines by providing assistance to the needy, regardless of race, religion, or creed. The foundation's vision is to create a just and equitable society where every person has access to basic needs and human dignity.

Programs and Activities

In 2001, the Zakat Foundation™ Philippines undertook several programs and activities that aimed to help the less fortunate in the Philippines. These included:

Zakat distribution - The foundation distributed Zakat funds to deserving beneficiaries, including widows, orphans, and the elderly. In 2001, the foundation distributed over PHP 3 million in Zakat funds to more than 5,000 beneficiaries.

Education support - The foundation provided education support to underprivileged children, including scholarships, school supplies, and uniforms. In 2001, the foundation supported more than 200 students in various schools across the Philippines.

Healthcare support - The foundation provided healthcare support to the less fortunate, including medical supplies, equipment, and financial assistance for medical treatment. In 2001, the foundation provided healthcare support to more than 500 beneficiaries.

Livelihood support - The foundation provided livelihood support to the less fortunate, including training, equipment, and financial assistance for small businesses. In 2001, the foundation supported more than 100 beneficiaries in starting their own businesses.

Disaster response - The foundation provided emergency assistance to victims of natural disasters, including floods, typhoons, and earthquakes. In 2001, the foundation provided emergency assistance to more than 1,000 families affected by natural disasters.

Financial Performance

The Zakat Foundation™ Philippines' annual report for 2001 also provided information on the foundation's financial performance. The report showed that the foundation received a total of PHP 5.5 million in donations and grants in 2001, and spent a total of PHP 5.2 million on its various programs and activities. The report also showed that the foundation's expenses were well-managed, with only 6% of its expenses going towards overhead and administration costs.

Impact

The Zakat Foundation™ Philippines' programs and activities in 2001 had a significant impact on the less fortunate in the Philippines. The foundation's Zakat distribution helped alleviate poverty for thousands of beneficiaries, while its education, healthcare, and livelihood support programs helped provide a pathway out of poverty. Additionally, the foundation's disaster response efforts provided emergency assistance to those affected by natural disasters, helping to mitigate the impact of these events on vulnerable communities.

Conclusion

The Zakat Foundation™ Philippines' annual report for 2001 provides a comprehensive overview of the foundation's activities, accomplishments, and financial performance over the past year. The report highlights the foundation's commitment to promoting social justice and equity in the Philippines, as well as its dedication to providing assistance to those in need. Overall, the Zakat Foundation™ Philippines' efforts in 2001 had a significant impact on the less fortunate in the Philippines, and serve as a testament to the power of non-profit organizations in promoting social change and improving the lives of the most vulnerable members of society.