Zakat Foundation™ Pakistan is a non-profit organization dedicated to the collection and distribution of zakat, sadaqah, and other charitable donations to help those in need in Pakistan. The foundation's annual report for the year 2005 provides a comprehensive overview of the foundation's activities and achievements over the course of the year.
In 2005, Zakat Foundation™ Pakistan received a total of PKR 542.9 million in zakat and sadaqah donations. These funds were used to provide assistance to a wide range of beneficiaries, including the poor, orphans, widows, the disabled, and those affected by natural disasters such as earthquakes and floods.
One of the major programs run by the foundation in 2005 was the Qarz-e-Hasna (interest-free loan) program. Through this program, the foundation provided interest-free loans to individuals and small businesses to help them become self-sufficient. In 2005, the foundation disbursed a total of PKR 162.3 million in interest-free loans to over 4,000 beneficiaries.
Another significant program run by the foundation in 2005 was the orphan sponsorship program. Through this program, the foundation provided financial assistance to orphans to help them with their education and other basic needs. In 2005, the foundation sponsored over 1,800 orphans, providing them with a total of PKR 23.7 million in financial assistance.
The foundation also provided emergency relief to those affected by natural disasters. In 2005, the foundation provided assistance to those affected by the earthquake in Kashmir and the floods in Balochistan. The foundation provided food, shelter, and medical assistance to those affected by these disasters, and also provided long-term support to help them rebuild their lives.
In addition to these programs, Zakat Foundation™ Pakistan also ran a number of other initiatives in 2005. These included:
The provision of clean drinking water to communities in need
The construction of mosques in underprivileged areas
The provision of medical assistance to those in need
The distribution of food and clothing to the poor and needy
Overall, the foundation's activities in 2005 had a significant impact on the lives of thousands of individuals and families in Pakistan. The foundation's programs helped to alleviate poverty, promote education and self-sufficiency, and provide relief to those affected by natural disasters.
The foundation's annual report for 2005 also provides a detailed breakdown of the foundation's finances. The report shows that the foundation spent PKR 529.5 million on its programs and services in 2005, with the remaining funds used for administrative and fundraising expenses. The report also shows that the foundation had a strong financial position at the end of the year, with total assets of PKR 1.1 billion.
In conclusion, Zakat Foundation™ Pakistan's annual report for 2005 provides a detailed overview of the foundation's activities and achievements over the course of the year. The report highlights the impact of the foundation's programs on the lives of thousands of individuals and families in Pakistan, and also provides a transparent view of the foundation's financial position. Overall, the report demonstrates the foundation's commitment to its mission of providing assistance to those in need in Pakistan, and its ongoing efforts to improve the lives of the country's most vulnerable populations.