Egypt annual report 2016 Zakat Foundation

Zakat Foundation Egypt annual report 2016
Zakat Foundation
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Zakat Foundation Annual repot
June 30, 2022
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EXPENSES $

REVENUE $

NET ASSETS $

The Zakat Foundation™ Egypt has recently released their annual report for 2016, providing insight into their efforts to alleviate poverty and improve the lives of those in need throughout Egypt.

According to the report, Zakat Foundation™ Egypt implemented various programs throughout the year, including providing financial assistance for medical treatment, supporting orphans and widows, providing education for children, and distributing food and clothing to those in need.

One of their key initiatives in 2016 was their "Empowerment through Livelihood" program, which aimed to provide vocational training and financial support to individuals and families in order to help them become self-sufficient. Through this program, Zakat Foundation™ Egypt was able to help individuals start their own small businesses, such as bakeries, tailoring shops, and livestock farms.

In addition to their direct assistance programs, Zakat Foundation™ Egypt also partnered with various organizations and institutions to support initiatives in areas such as health and education. For example, they worked with the Ministry of Health to provide medical equipment and supplies to hospitals and clinics, and with the Ministry of Education to support schools and provide educational materials.

Overall, the Zakat Foundation™ Egypt's annual report highlights the organization's dedication to making a positive impact in the lives of those in need throughout Egypt. Through their various programs and partnerships, they were able to help thousands of individuals and families, and continue to strive towards creating a more equitable society.

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Zakat Foundation Egypt annual report 2016 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 charitable organization that aims to alleviate poverty and provide assistance to those in need across Egypt. The foundation believes in the principles of Zakat and seeks to promote its values to the community, encouraging people to donate their Zakat and other forms of charity to those who need it most. The foundation is known for its transparency and accountability, and every year, it publishes an annual report that outlines its activities, achievements, and financial statements. This article will delve into the Zakat Foundation™ Egypt Annual Report 2016, highlighting its key achievements, projects, and financial performance.

Key Achievements

In 2016, the Zakat Foundation™ Egypt accomplished a number of impressive achievements. These include the following:

Providing assistance to over 55,000 families
The foundation was able to reach out to more than 55,000 families across Egypt, providing them with the necessary aid and support to help them overcome their difficulties. This included food baskets, healthcare, educational support, and other forms of aid.

Constructing 25 wells and water stations
Access to clean water is a basic human right that many communities in Egypt do not have. The Zakat Foundation™ Egypt constructed 25 wells and water stations in different areas, providing clean water to thousands of people and improving their living conditions.

Supporting over 400 orphans
The foundation provided financial support to over 400 orphans, ensuring that they have access to the basic necessities of life, such as food, clothing, and education.

Assisting over 3,500 people with disabilities
The foundation provided support to over 3,500 people with disabilities, helping them to live more independently and to participate fully in their communities.

Projects

The Zakat Foundation™ Egypt implemented a number of projects in 2016, with the aim of addressing poverty and providing assistance to those in need. Some of the key projects include:

Food Baskets
The foundation distributed over 160,000 food baskets to families across Egypt, ensuring that they have enough food to sustain themselves and their families.

Healthcare
The foundation established mobile clinics and medical convoys to provide medical services to underserved areas. In addition, it supported hospitals and clinics in different regions of the country, providing equipment, medication, and other necessary supplies.

Education
The foundation supported schools and educational institutions, providing scholarships to underprivileged students and ensuring that they have access to quality education.

Clean Water
The foundation constructed 25 wells and water stations in different areas, providing clean water to thousands of people and improving their living conditions.

Financial Performance

The Zakat Foundation™ Egypt is committed to transparency and accountability, and as such, publishes an annual report that provides a detailed overview of its financial performance. In 2016, the foundation received over EGP 135 million in donations, a significant increase from the previous year. These donations were used to fund the foundation's projects and initiatives, with 89% of the total expenditure going directly to beneficiaries. The remaining 11% was allocated to administration and fundraising expenses.

Conclusion

The Zakat Foundation™ Egypt Annual Report 2016 provides a comprehensive overview of the foundation's activities, achievements, and financial performance. The foundation's commitment to transparency and accountability is evident in its detailed reporting, which showcases its impact on the lives of thousands of people across Egypt. The foundation's achievements in 2016 highlight its dedication to addressing poverty and providing assistance to those in need, and its projects demonstrate its commitment to promoting sustainable development. Overall, the Zakat Foundation™ Egypt Annual Report 2016 is a testament to the foundation's impact and success in alleviating poverty and improving the lives of the most vulnerable members of society.