The Zakat Foundation of Canada is a registered Canadian charity that aims to alleviate poverty and suffering through the distribution of Zakat and other charitable donations. The Foundation's Annual Report for 2012 provides an insight into the organization's activities, achievements, and financial statements during the year.
The report begins with a message from the President of the Zakat Foundation of Canada, which outlines the Foundation's mission and vision. The President highlights the importance of Zakat as one of the Five Pillars of Islam and emphasizes the Foundation's commitment to serving those in need, regardless of their race, religion, or nationality.
The report then goes on to provide an overview of the Foundation's activities during the year, which include providing financial assistance to individuals and families in need, supporting education and healthcare initiatives, and responding to emergencies and disasters.
One of the highlights of the report is the Foundation's Ramadan Food Basket Program, which provided food and other necessities to over 3,000 families across Canada during the holy month of Ramadan. The program, which is one of the Foundation's flagship initiatives, aims to ensure that low-income families are able to enjoy the blessings of Ramadan and break their fast with dignity.
The report also highlights the Foundation's efforts to provide humanitarian assistance to refugees and internally displaced persons (IDPs) around the world. In 2012, the Foundation provided emergency relief to those affected by the conflict in Syria and the floods in Pakistan, among other disasters. The Foundation's efforts to provide education and healthcare to refugees and IDPs in Iraq and Afghanistan are also highlighted in the report.
In addition to its humanitarian work, the Foundation also focuses on promoting social and economic development in the communities it serves. The report provides examples of the Foundation's microfinance initiatives, which aim to provide small loans to entrepreneurs and small business owners to help them start or expand their businesses. The Foundation's efforts to promote education and skills training are also highlighted in the report.
The financial statements included in the report provide an overview of the Foundation's revenue and expenses during the year. The report shows that the Foundation received over $2 million in donations during 2012, which were used to support its various programs and initiatives. The report also shows that the Foundation spent over $1.8 million on charitable activities during the year, with the majority of these funds going towards its humanitarian and social development programs.
Overall, the Zakat Foundation of Canada's Annual Report for 2012 provides a comprehensive overview of the organization's activities, achievements, and financial statements during the year. The report highlights the Foundation's commitment to serving those in need, and its efforts to alleviate poverty and suffering through the distribution of Zakat and other charitable donations. The Foundation's focus on promoting social and economic development, as well as its efforts to respond to emergencies and disasters, are also noteworthy. The report is a testament to the Foundation's dedication to its mission and its impact on the communities it serves.