Egypt annual report 2020 Zakat Foundation

Zakat Foundation Egypt annual report 2020
Zakat Foundation
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Zakat Foundation Annual repot
June 30, 2022
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Zakat Foundation™ Egypt, a non-profit organization committed to helping people in need, has released its annual report for the year 2020. The report highlights the organization's achievements and progress towards fulfilling its mission of providing humanitarian aid and support to the underprivileged.

Despite the challenges posed by the COVID-19 pandemic, Zakat Foundation™ Egypt continued to deliver critical assistance to vulnerable communities. The organization provided food, medical aid, and financial support to families affected by the pandemic and its economic fallout. It also distributed thousands of Ramadan food packages and conducted Qurbani sacrifices during Eid al-Adha.

The report also highlights Zakat Foundation™ Egypt's efforts in the areas of education and healthcare. The organization provided scholarships and educational support to disadvantaged children and young adults, helping them access quality education and opportunities for personal development. It also partnered with local hospitals and clinics to provide medical care and treatment to individuals who could not afford it.

Zakat Foundation™ Egypt's commitment to transparency and accountability is reflected in the annual report, which details the organization's finances, programs, and impact. The report also acknowledges the contributions of donors, volunteers, and partners who have supported Zakat Foundation™ Egypt's work over the years.

As the world continues to grapple with the COVID-19 pandemic and its social and economic impacts, Zakat Foundation™ Egypt's annual report serves as a reminder of the vital role that non-profit organizations play in supporting vulnerable communities. By providing critical aid and support, organizations like Zakat Foundation™ Egypt help build stronger, more resilient communities and create a more just and equitable world for all.

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Zakat Foundation Egypt annual report 2020 All of our Zakat Foundation finances are independently audited in line with Charity Commission rules in Egypt 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™ Egypt is a non-profit organization that focuses on providing support and assistance to the less fortunate and underserved communities in Egypt. Through its various programs and initiatives, the foundation strives to improve the quality of life of those in need and create a more equitable and just society.

In its annual report for the year 2020, the Zakat Foundation™ Egypt highlighted the various achievements, challenges, and initiatives it undertook during the year. The report provides an insight into the foundation's activities, impact, and financial standing and serves as a testament to its commitment to transparency and accountability.

Programs and Initiatives

The Zakat Foundation™ Egypt operates a wide range of programs and initiatives aimed at addressing the various needs of the underserved communities in Egypt. In 2020, the foundation continued to implement these programs and expand their reach to more beneficiaries. Some of the notable programs and initiatives highlighted in the annual report include:

Zakat Distribution: The foundation continued to distribute Zakat to eligible beneficiaries throughout the year. In 2020, the foundation distributed Zakat to over 50,000 families, providing them with much-needed financial assistance.

Education Support: The Zakat Foundation™ Egypt continued to support education by providing scholarships to students from low-income families. In 2020, the foundation provided scholarships to over 500 students, enabling them to continue their education.

Healthcare: The foundation also operates healthcare programs aimed at providing medical assistance to those in need. In 2020, the foundation provided medical assistance to over 25,000 patients, including free medical check-ups, surgeries, and medication.

Social Services: The foundation also provides a range of social services aimed at improving the quality of life of those in need. These services include providing housing assistance, vocational training, and support for orphaned children.

Impact and Achievements

The Zakat Foundation™ Egypt's programs and initiatives had a significant impact on the lives of those they served. The annual report highlights some of the achievements made by the foundation in 2020, including:

Providing assistance to over 50,000 families through Zakat distribution, enabling them to meet their basic needs.

Providing scholarships to over 500 students, enabling them to continue their education and pursue their dreams.

Providing medical assistance to over 25,000 patients, enabling them to access much-needed healthcare services.

Providing housing assistance to over 100 families, improving their living conditions and ensuring they have a safe and secure place to call home.

Supporting over 1,000 orphaned children through various programs and initiatives, providing them with a sense of security and support.

Financial Standing

The Zakat Foundation™ Egypt's annual report also provides insight into its financial standing. The foundation's financial statements for the year 2020 show that it received donations and contributions of over EGP 50 million. These funds were used to support the various programs and initiatives operated by the foundation, with over 90% of the funds going directly to program expenses.

The foundation's financial statements also show that it maintained a strong financial position in 2020, with total assets of over EGP 70 million and total liabilities of just over EGP 2 million.

Conclusion

The Zakat Foundation™ Egypt's annual report for the year 2020 highlights the significant impact the foundation has had on the lives of those it serves. Through its various programs and initiatives, the foundation has provided much-needed assistance and support to the less fortunate and underserved communities in Egypt.

The foundation's commitment to transparency and accountability is evident in its annual report, which provides a comprehensive overview of its activities, achievements, and financial standing. The report serves as a testament to the foundation's dedication to its mission of creating a more equitable