Indonesia annual report 2019 Zakat Foundation

Zakat Foundation Indonesia annual report 2019
Zakat Foundation
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Zakat Foundation Annual repot
June 30, 2022
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Zakat Foundation™ Indonesia, a non-profit organization dedicated to collecting and distributing zakat (Islamic alms) in Indonesia, recently released their annual report for the year 2019. The report provides a comprehensive overview of the organization's activities, achievements, and financial status for the year.

According to the report, Zakat Foundation™ Indonesia collected a total of Rp 132.7 billion in zakat funds in 2019, which was distributed to various beneficiaries across the country. The organization also provided humanitarian assistance to victims of natural disasters, such as earthquakes and floods, and implemented sustainable development programs in impoverished communities.

One of the highlights of the report was the organization's education program, which aimed to improve access to education for underprivileged children. In 2019, Zakat Foundation™ Indonesia provided educational support to more than 1,500 students through the distribution of school supplies and scholarships.

The report also highlighted the organization's efforts to promote sustainable economic development in local communities. Through the establishment of microfinance programs and the provision of training and technical assistance, Zakat Foundation™ Indonesia helped small business owners and entrepreneurs to grow their businesses and improve their livelihoods.

In terms of financial management, the report demonstrated that Zakat Foundation™ Indonesia adhered to strict accounting and auditing standards to ensure transparency and accountability in its operations. The organization also received several awards and recognitions for its work in the field of zakat and charitable giving.

Overall, the Zakat Foundation™ Indonesia annual report for 2019 reflects the organization's commitment to improving the lives of underprivileged communities in Indonesia through the collection and distribution of zakat funds. With a strong focus on education, sustainable development, and economic empowerment, the organization is making a significant impact in the fight against poverty and inequality in the country.

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Zakat Foundation Indonesia annual report 2019  All of our Zakat Foundation finances are independently audited in line with Charity Commission rules in Indonesia 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*.

Zakat Foundation™ Indonesia is a non-profit organization that is dedicated to providing assistance to those in need, particularly in the areas of education, health, economic empowerment, and disaster relief. The foundation aims to improve the lives of the less fortunate members of society through various programs and initiatives. The annual report for 2019 is a comprehensive review of the foundation's activities and achievements for that year.

The report begins with a message from the chairman of the foundation, expressing gratitude to the donors and supporters who have contributed to the success of the organization. The chairman also highlights the foundation's key achievements and the challenges that were faced during the year.

One of the significant accomplishments of the foundation in 2019 was the implementation of various programs aimed at improving the lives of the less fortunate. The foundation's flagship program is the Zakat Peduli Umat (ZPU) program, which provides assistance to those in need in the areas of education, health, economic empowerment, and disaster relief. In 2019, the ZPU program assisted more than 200,000 people across Indonesia.

The foundation also implemented several other programs, such as the Zakat for Education program, which provides financial assistance to students from low-income families to continue their education. The program supported more than 14,000 students in 2019. Another significant program was the Zakat for Health program, which provides medical assistance to those in need. The program assisted more than 5,000 patients in 2019.

The annual report also provides a detailed breakdown of the foundation's financial performance for the year. In 2019, the foundation received a total of IDR 121 billion in donations, an increase of 22% compared to the previous year. The report also shows that the foundation spent a total of IDR 118 billion on its programs and initiatives, with 85% of the expenditure going directly to the beneficiaries.

The foundation's financial transparency and accountability are also evident in the report, as it provides a detailed breakdown of the expenses incurred for each program and initiative. The report also includes an audited financial statement, which provides an assurance to donors and supporters that their contributions are being used effectively and efficiently.

The annual report also highlights the challenges faced by the foundation in 2019. One of the significant challenges was the earthquake that struck Lombok Island in West Nusa Tenggara. The foundation responded quickly by providing emergency assistance to the affected communities. The foundation also faced challenges in reaching remote communities, where access to basic services such as education and healthcare is limited.

Overall, the Zakat Foundation™ Indonesia's annual report for 2019 provides a comprehensive review of the foundation's activities and achievements for the year. The report demonstrates the foundation's commitment to improving the lives of the less fortunate members of society and its financial transparency and accountability. The report also highlights the challenges faced by the foundation, which provides insights into the areas where the foundation needs to improve to better serve its beneficiaries. The foundation's annual report is an essential tool for donors and supporters, as it provides them with a detailed understanding of the foundation's activities, achievements, and challenges.