Zakat Foundation™ Indonesia is a non-profit organization that was established in 1997 with the aim of improving the welfare of underprivileged communities in Indonesia. Zakat Foundation™ Indonesia has been actively working towards its mission of eradicating poverty and creating a sustainable future for the people of Indonesia. The foundation has been consistently publishing its annual report since its inception to showcase its achievements and to provide transparency about its operations.
The Zakat Foundation™ Indonesia Annual Report 1998 is a comprehensive document that provides a detailed overview of the foundation's activities and accomplishments during the year. The report includes a financial statement, a summary of the foundation's projects and initiatives, and an overview of the impact the foundation has had on the lives of people it serves.
Financial Performance
The financial statement in the Annual Report shows that the foundation has had a successful year, with a significant increase in donations received compared to the previous year. The foundation's total income for 1998 was IDR 2,127,496,920, which was a 55% increase from 1997. The increase in donations received allowed the foundation to expand its programs and activities, which contributed to the significant impact it had on the communities it served.
Projects and Initiatives
The Annual Report highlights the foundation's various projects and initiatives throughout 1998. One of the foundation's most significant projects was its disaster relief efforts in response to the 1998 Jakarta riots. The riots resulted in the displacement of thousands of people, and the Zakat Foundation™ Indonesia was quick to respond by providing food, shelter, and medical aid to those affected. The foundation also provided long-term assistance to the victims, including financial support to rebuild their homes and businesses.
The foundation also continued to implement its ongoing programs, such as education and health programs. In 1998, the foundation supported 1,200 orphans through its orphan sponsorship program, providing them with food, clothing, and education. The foundation also established three new schools, providing education to over 600 students.
In addition to its education and health programs, the foundation also initiated various economic empowerment programs in 1998. The foundation provided interest-free loans to entrepreneurs, which enabled them to start or expand their businesses. The foundation also established a microfinance program, which provided financial assistance to small business owners, enabling them to improve their businesses and increase their income.
Impact on the Community
The Zakat Foundation™ Indonesia Annual Report 1998 provides detailed information on the impact the foundation had on the communities it served. The foundation's disaster relief efforts following the Jakarta riots helped thousands of people who had lost their homes and businesses. The foundation's ongoing education and health programs also had a significant impact on the lives of many Indonesians. By providing education and health services to underprivileged communities, the foundation enabled them to improve their standard of living and to have better opportunities in life.
The foundation's economic empowerment programs also had a positive impact on the community. By providing financial assistance to entrepreneurs and small business owners, the foundation helped them to improve their businesses and increase their income. This, in turn, contributed to the economic development of the community.
Conclusion
The Zakat Foundation™ Indonesia Annual Report 1998 demonstrates the foundation's commitment to its mission of eradicating poverty and creating a sustainable future for the people of Indonesia. The foundation's financial performance was strong, and the increase in donations received allowed the foundation to expand its programs and activities. The foundation's various projects and initiatives had a significant impact on the communities it served, and the Annual Report provides a comprehensive overview of the foundation's achievements during the year.
Overall, the Zakat Foundation™ Indonesia Annual Report 1998 is an important document that showcases the foundation's accomplishments and its dedication to improving the lives of the underprivileged communities in Indonesia.