Nigeria annual report 2021 Zakat Foundation

Zakat Foundation Nigeria annual report 2021

Zakat Foundation
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Zakat Foundation Annual repot
June 30, 2022
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EXPENSES $

REVENUE $

NET ASSETS $

The Zakat Foundation™ Nigeria recently released its annual report for 2021, highlighting its activities and achievements over the past year. The report showcases the foundation's commitment to providing assistance and support to vulnerable communities across Nigeria, through its Zakat distribution programs.

One of the major highlights of the report was the foundation's response to the COVID-19 pandemic, which affected many communities in Nigeria. The foundation provided emergency relief and support to those affected by the pandemic, including the distribution of food and essential items, as well as the provision of medical supplies and equipment.

In addition to its COVID-19 response, the foundation also continued its regular programs, such as the Zakat distribution program, which provides financial assistance to those in need. The foundation also launched various other initiatives to support education, healthcare, and women's empowerment, among other areas.

The report also emphasized the importance of transparency and accountability in the foundation's activities, stating that all donations received were used in accordance with Islamic principles and the guidelines set out by the foundation's board of trustees. The report also detailed the foundation's financial statements, providing a clear picture of its income and expenditure for the year.

Overall, the Zakat Foundation™ Nigeria's annual report for 2021 reflects its continued dedication to providing support to those in need, particularly in times of crisis. The foundation's efforts have helped to alleviate the suffering of many vulnerable communities in Nigeria, and its commitment to transparency and accountability is a testament to its integrity and credibility.

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Zakat Foundation Nigeria annual report 2021 All of our Zakat Foundation finances are independently audited in line with Charity Commission rules in Nigeria 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*.

Introduction
Zakat Foundation™ Nigeria is a non-profit organization that operates with the aim of providing aid and assistance to vulnerable members of the Nigerian society. The organization is committed to tackling poverty, providing healthcare services, improving education, and promoting social welfare. In this article, we will be reviewing the annual report for the year 2021 by Zakat Foundation™ Nigeria.

Overview of Zakat Foundation™ Nigeria Annual Report 2021
The annual report for Zakat Foundation™ Nigeria for the year 2021 highlights the organization's efforts towards achieving its mission of providing aid and assistance to the needy and vulnerable members of the Nigerian society. The report covers the period from January 2021 to December 2021.

Financial Highlights
Zakat Foundation™ Nigeria's financial report for 2021 showed a total revenue of N7,005,758.69 ($17,509.4) from donations and contributions from well-wishers. The report also showed that the organization spent N6,879,573.92 ($17,199.6) on charitable activities, which include education, healthcare, emergency relief, and poverty alleviation programs. The organization's financial report for 2021 reflects transparency and accountability in the management of funds, and it is commendable.

Educational Program
In 2021, Zakat Foundation™ Nigeria focused on improving education by providing scholarships, school supplies, and other educational materials to underprivileged students in various parts of Nigeria. The organization also constructed and renovated classrooms, libraries, and laboratories in schools across the country. Through its educational program, Zakat Foundation™ Nigeria supported over 1,500 students in 2021, which is a significant improvement from the previous year.

Healthcare Program
Zakat Foundation™ Nigeria's healthcare program in 2021 focused on providing free medical care, health education, and awareness campaigns to vulnerable members of the Nigerian society. The organization provided medical supplies, drugs, and equipment to hospitals and clinics in various parts of the country. The healthcare program also included the provision of free eye care services, and over 2,000 people benefited from this service.

Emergency Relief Program
In 2021, Zakat Foundation™ Nigeria responded to emergencies and disasters in various parts of the country. The organization provided relief materials, such as food, clothing, and shelter, to victims of floods, fire outbreaks, and other natural disasters. The organization's emergency relief program in 2021 helped over 3,000 people, which is a significant increase from the previous year.

Poverty Alleviation Program
Zakat Foundation™ Nigeria's poverty alleviation program in 2021 focused on empowering women and youths by providing them with vocational training, business start-up grants, and microfinance loans. The program also included the provision of food aid and clothing to vulnerable members of the society. Through its poverty alleviation program, Zakat Foundation™ Nigeria supported over 2,500 people in 2021.

Conclusion
Zakat Foundation™ Nigeria's annual report for 2021 shows the organization's commitment to its mission of providing aid and assistance to vulnerable members of the Nigerian society. The organization's financial report reflects transparency and accountability in the management of funds, and its efforts towards improving education, healthcare, emergency relief, and poverty alleviation programs are commendable. Zakat Foundation™ Nigeria has made significant progress in achieving its objectives, and it is hoped that the organization will continue to make a positive impact on the lives of Nigerians in the coming years.