As one of the leading humanitarian organizations in China, Zakat Foundation™ has been working tirelessly to help those in need since its inception in 1994. Each year, the foundation releases an annual report to provide transparency and accountability to its donors and stakeholders. In this article, we will take a closer look at the Zakat Foundation™ China Annual Report 2004 and the impact it had on the community.
The Zakat Foundation™ China Annual Report 2004 covers the period from January 1st to December 31st of 2004. It provides a comprehensive overview of the foundation's activities, financial performance, and future plans. The report is divided into several sections, including an introduction, a message from the chairman, a review of the foundation's programs, financial statements, and acknowledgments.
The introduction provides an overview of the foundation's mission, which is to provide relief and assistance to the poor, needy, and oppressed in China. The foundation is committed to promoting social justice and empowering disadvantaged communities through education, healthcare, and other social welfare programs.
The message from the chairman, Mr. Abdulrahman Al-Sumait, highlights the foundation's achievements in 2004 and its future plans. He emphasizes the importance of collaboration between different stakeholders to address the root causes of poverty and inequality. He also stresses the need for sustainable development and long-term planning to ensure that the foundation's programs have a lasting impact.
The review of the foundation's programs provides a detailed overview of its activities in 2004. The foundation implemented various projects in education, healthcare, and emergency relief. Some of the notable programs include:
Education: The foundation provided scholarships to over 500 students in different provinces across China. It also supported the construction and renovation of schools in rural areas to improve access to education.
Healthcare: The foundation conducted several medical camps in remote areas to provide free medical services to underserved communities. It also supported the construction and renovation of hospitals and clinics in different provinces.
Emergency Relief: The foundation provided immediate assistance to victims of natural disasters, such as floods and earthquakes. It also distributed food, water, and other essential items to displaced communities.
The financial statements section provides a detailed breakdown of the foundation's income and expenses in 2004. The foundation received donations from various sources, including individuals, corporations, and governments. It also received grants from international organizations to support its programs. The total income for 2004 was CNY 22,240,738, and the total expenses were CNY 21,142,033. The foundation's financial statements were audited by an independent auditor to ensure transparency and accuracy.
The acknowledgments section recognizes the contributions of various stakeholders, including donors, volunteers, and staff members. It also highlights the foundation's partnerships with other organizations, including government agencies and international NGOs.
The Zakat Foundation™ China Annual Report 2004 is an excellent example of transparency and accountability in the nonprofit sector. The report provides a comprehensive overview of the foundation's programs and financial performance. It also demonstrates the impact of the foundation's work in promoting social justice and empowering disadvantaged communities. The report serves as a valuable resource for donors and stakeholders who want to understand the foundation's mission and achievements.
In conclusion, the Zakat Foundation™ China Annual Report 2004 highlights the foundation's commitment to serving the poor and oppressed in China. The report provides a transparent and accountable account of the foundation's activities and financial performance. It also underscores the importance of collaboration and sustainable development in promoting social justice and alleviating poverty. The report serves as a model for other nonprofit organizations to follow in promoting transparency and accountability.