Zakat Foundation™ Bangladesh is a non-profit organization that was established in 1993 with the aim of promoting human welfare, social justice, and human rights through charitable activities. The organization provides aid and assistance to vulnerable and disadvantaged individuals and communities in Bangladesh. Zakat Foundation™ Bangladesh is committed to transparency and accountability in all of its activities, and one of the ways it demonstrates this is by publishing an annual report that highlights its achievements, challenges, and financial information. In this article, we will take a closer look at the Zakat Foundation™ Bangladesh annual report for the year 2010.
The report begins with a message from the Chairman of the Board of Trustees, Dr. M. Ehsanur Rahman. In his message, Dr. Rahman highlights the achievements of the organization in 2010 and expresses his gratitude to the donors, supporters, and volunteers who contributed to the success of the organization. He also acknowledges the challenges faced by the organization, including the devastating floods that affected millions of people in Bangladesh in 2010.
The report then provides an overview of the activities and programs implemented by Zakat Foundation™ Bangladesh in 2010. These activities include emergency relief, healthcare, education, water and sanitation, and livelihood support. The organization provided emergency relief to thousands of people affected by natural disasters, including the floods that occurred in 2010. The organization also implemented several healthcare initiatives, including the provision of medical supplies and equipment to hospitals and clinics in rural areas. In the area of education, Zakat Foundation™ Bangladesh established several schools and provided scholarships to students from disadvantaged backgrounds.
The report also includes detailed information about the financial performance of Zakat Foundation™ Bangladesh in 2010. The organization received a total of BDT 153.9 million in donations and grants during the year, and it spent BDT 146.3 million on its programs and activities. The report provides a breakdown of the organization's expenses, including the amount spent on emergency relief, healthcare, education, and other initiatives. The report also includes a balance sheet and income statement for the year, as well as an auditor's report that provides an independent assessment of the organization's financial performance.
One of the key strengths of the Zakat Foundation™ Bangladesh annual report is its transparency and accountability. The report provides a detailed overview of the organization's activities and achievements, as well as its financial performance. The report also includes information about the organization's governance structure, including the composition of its board of trustees and its management team. This information helps to build trust and confidence among donors, supporters, and other stakeholders, as it demonstrates the organization's commitment to transparency and accountability.
In conclusion, the Zakat Foundation™ Bangladesh annual report for 2010 provides a comprehensive overview of the organization's activities, achievements, and financial performance during the year. The report demonstrates the organization's commitment to transparency and accountability and provides valuable information for donors, supporters, and other stakeholders. By publishing annual reports that are open and transparent, Zakat Foundation™ Bangladesh is able to build trust and confidence among its stakeholders, and this helps to ensure the sustainability of its programs and activities in the long term.