The Zakat Foundation™ Germany is a non-profit organization that is dedicated to providing humanitarian aid to those in need. The foundation was established in 2006 and has since been working towards fulfilling its mission of helping people in need, irrespective of their race, religion, or nationality.
One of the ways the Zakat Foundation™ Germany keeps its donors and supporters updated on its activities is through the publication of annual reports. These reports detail the foundation's financial status, its projects, and how the funds were utilized in the previous year. This article will focus on the foundation's annual report for the year 2010.
Financial Status
The Zakat Foundation™ Germany's annual report for 2010 shows a significant increase in revenue from the previous year. In 2009, the foundation's revenue was 2.1 million euros, while in 2010, it increased to 2.6 million euros. The report also shows that the foundation's expenditures in 2010 were 2.1 million euros, leaving a surplus of 477,267 euros.
The foundation's revenue mainly came from donations from individuals, institutions, and corporate partners. The report shows that the foundation received 1.3 million euros from individual donors, 661,556 euros from institutions, and 635,470 euros from corporate partners. The foundation also received support from various government bodies, which provided funding for specific projects.
Projects
The Zakat Foundation™ Germany's annual report for 2010 highlights the foundation's various projects, both locally and internationally. The foundation's local projects focus on providing assistance to people in Germany who are in need, while its international projects are focused on providing humanitarian aid to people in countries affected by war, natural disasters, or other crises.
One of the foundation's local projects in 2010 was the "Meals for the Homeless" program, which aimed to provide hot meals to homeless people in several German cities. The program ran for 12 months and provided over 20,000 meals to people in need.
The foundation's international projects in 2010 were focused on providing emergency aid and long-term assistance to people affected by natural disasters and conflicts. The foundation provided aid to people affected by the earthquake in Haiti, the floods in Pakistan, and the conflict in Gaza.
In Haiti, the foundation's emergency response team provided medical assistance, food, and shelter to people affected by the earthquake. The foundation also supported long-term reconstruction efforts by building schools, clinics, and homes for the affected communities.
In Pakistan, the foundation provided emergency relief to people affected by the floods. The foundation distributed food, water, and hygiene kits to over 10,000 families. The foundation also provided long-term assistance by building schools, health clinics, and water wells for the affected communities.
In Gaza, the foundation provided medical assistance, food, and shelter to people affected by the conflict. The foundation also supported long-term reconstruction efforts by building schools, water wells, and homes for the affected communities.
Conclusion
The Zakat Foundation™ Germany's annual report for 2010 shows that the foundation was able to increase its revenue and provide assistance to people in need both locally and internationally. The foundation's projects focused on providing emergency relief and long-term assistance to people affected by natural disasters and conflicts.
The foundation's financial transparency is evident from the detailed breakdown of its revenue and expenditures in the report. The report also shows that the foundation was able to utilize the funds it received effectively, leaving a surplus that could be used for future projects.
Overall, the Zakat Foundation™ Germany's annual report for 2010 demonstrates the foundation's commitment to its mission of helping people in need. It also shows that the foundation is a responsible and accountable organization that is transparent in its operations and is working towards achieving its goals.