Zakat Foundation™ United States is a non-profit organization that aims to provide humanitarian aid to those in need around the world. Their mission is to alleviate poverty and suffering by providing assistance to people regardless of their religion, race, ethnicity, or gender. The foundation is committed to using its resources to create sustainable solutions that empower communities to lead self-sufficient lives. In this article, we will review the Zakat Foundation™ United States annual report for the year 2020.
Overview of Zakat Foundation™ United States
Zakat Foundation™ United States was founded in 2001 as a response to the needs of the Muslim community in the aftermath of the September 11 attacks. Since then, the organization has grown to become a global humanitarian aid organization that serves communities around the world.
The foundation is based on the Islamic principle of Zakat, which is an obligation for Muslims to donate a portion of their wealth to the less fortunate. The foundation collects Zakat and other donations from individuals and organizations and uses them to fund various projects and programs aimed at alleviating poverty and suffering.
The organization's work is guided by its core values, which include compassion, integrity, excellence, and accountability. The foundation is committed to using its resources in the most effective and efficient way possible to make a positive impact on the lives of those in need.
Annual Report 2020
The Zakat Foundation™ United States annual report for 2020 provides a comprehensive overview of the organization's activities and achievements during the year. The report includes financial statements, program highlights, and a review of the foundation's impact on communities around the world.
Financial Overview
According to the annual report, the Zakat Foundation™ United States received $11.3 million in donations during 2020. Of this amount, $7.4 million was used for program expenses, $2.4 million for fundraising expenses, and $1.5 million for administrative expenses. The foundation's total expenses for the year were $11.3 million, which means that all donations were used for charitable purposes.
The foundation's financial statements are audited annually by an independent accounting firm to ensure that all funds are being used appropriately and in compliance with the organization's policies and procedures.
Program Highlights
The Zakat Foundation™ United States operates a wide range of programs and initiatives aimed at providing humanitarian aid to those in need. Some of the key programs highlighted in the 2020 annual report include:
Emergency Relief: The foundation provided emergency relief assistance to people affected by natural disasters, conflicts, and other crises around the world. In 2020, the foundation responded to emergencies in 18 countries, including Lebanon, Yemen, and Syria.
Healthcare: The foundation's healthcare programs provide access to medical care, supplies, and equipment to people in underserved communities. In 2020, the foundation provided healthcare services to over 42,000 people in 14 countries.
Education: The foundation's education programs focus on providing access to education and promoting literacy in underserved communities. In 2020, the foundation supported the education of over 17,000 children in 11 countries.
Livelihood: The foundation's livelihood programs provide training and resources to help people start and sustain their own businesses. In 2020, the foundation provided livelihood support to over 9,000 people in 10 countries.
Impact on Communities
The Zakat Foundation™ United States annual report includes several examples of the impact that the organization's programs have had on communities around the world. Some of the highlights from the report include:
In Lebanon, the foundation provided emergency relief assistance to families affected by the explosion in Beirut. The foundation provided food, water, and other essential supplies to over 2,000 families.