The Zakat Foundation™ Turkey, established in 1995, is a non-profit organization that works towards poverty reduction and sustainable development through a range of programs and projects. The foundation aims to empower individuals and communities in need, particularly those who are economically and socially disadvantaged, through various initiatives that focus on education, health, social welfare, and emergency aid. As part of its transparency efforts, the foundation releases an annual report that highlights its achievements, challenges, and financial statements. This article will provide an overview of the Zakat Foundation™ Turkey Annual Report 2019, which provides insight into the foundation's activities and their impact on the communities they serve.
The Zakat Foundation™ Turkey Annual Report 2019 outlines the foundation's key accomplishments during the year, which included the provision of emergency assistance to vulnerable communities, the establishment of educational facilities, and the implementation of sustainable development projects. The foundation's emergency aid efforts were particularly notable in 2019, with the organization responding to various crises around the world, including in Syria, Yemen, and Somalia. The foundation provided food, shelter, healthcare, and other essential supplies to those affected by conflict, natural disasters, and other emergencies. Additionally, the foundation launched a number of long-term sustainable development projects, including the construction of water wells and irrigation systems in rural areas, as well as the establishment of educational facilities and vocational training programs.
One of the key initiatives that the Zakat Foundation™ Turkey undertook in 2019 was the establishment of the Zakat Foundation™ School of Health Sciences in Kilis, Turkey. The school aims to address the shortage of healthcare professionals in the region and provide opportunities for local youth to gain a high-quality education. The school offers courses in nursing, physiotherapy, and medical laboratory technology, among others, and is equipped with state-of-the-art facilities and equipment. The foundation also continued to support its existing educational programs, including the Zakat Foundation™ School in Somalia, which provides free education to over 1,000 students, and the Zakat Foundation™ Orphanage in Pakistan, which houses and educates over 150 orphans.
The Zakat Foundation™ Turkey Annual Report 2019 also provides insight into the foundation's financial performance during the year. The report indicates that the foundation received over 148 million Turkish Lira (approximately $25 million USD) in donations during the year, which was an increase of over 40% from the previous year. The majority of these donations came from individual donors, with a smaller proportion coming from corporate sponsors and other organizations. The foundation's expenditure during the year amounted to over 144 million Turkish Lira (approximately $24 million USD), with the majority of this expenditure being allocated towards its charitable programs and projects. The foundation's financial statements indicate that it maintained a strong financial position during the year, with its assets exceeding its liabilities.
Despite the foundation's significant achievements during the year, the Zakat Foundation™ Turkey Annual Report 2019 also highlights some of the challenges that the organization faced. One of the key challenges identified was the increasingly complex and volatile geopolitical environment, which has made it difficult to provide aid and support to certain regions. Additionally, the foundation noted that there is a growing need for sustainable development projects that address the root causes of poverty and inequality, rather than simply providing short-term relief. The report acknowledges that this will require more investment and strategic planning in the long term.
In conclusion, the Zakat Foundation™ Turkey Annual Report 2019 provides a comprehensive overview of the foundation's activities, achievements, and challenges during the year. The report highlights the foundation's ongoing commitment to poverty reduction and sustainable development, as well as its efforts to provide emergency assistance to vulnerable communities around the world.