Introduction:
Zakat Foundation™ India is a non-governmental organization (NGO) established in 1997. It is committed to eradicating poverty and empowering marginalized communities through its various initiatives. The organization is based in New Delhi, India, and has been working tirelessly to uplift the underprivileged sections of society. In this article, we will discuss Zakat Foundation™ India's annual report for the year 2006.
Overview of Zakat Foundation™ India's Initiatives:
Zakat Foundation™ India's initiatives are focused on health, education, livelihood, and disaster relief. The organization believes that these are the four pillars that are essential for the development and empowerment of any community. The following are the key initiatives undertaken by the foundation in 2006:
Health: Zakat Foundation™ India provided medical assistance to underprivileged communities in various parts of India. The organization conducted health camps and provided free medical check-ups, medicines, and treatment to the needy. In addition, Zakat Foundation™ India also provided financial assistance to patients who needed specialized medical treatment.
Education: Zakat Foundation™ India's education initiatives were aimed at providing education to children from marginalized communities. The organization established schools and provided scholarships to deserving students. In addition, Zakat Foundation™ India also provided vocational training to youth and women to enable them to become self-reliant.
Livelihood: Zakat Foundation™ India's livelihood initiatives were aimed at providing employment opportunities to the underprivileged. The organization provided microfinance loans to entrepreneurs and also conducted skill development training programs.
Disaster Relief: Zakat Foundation™ India provided disaster relief to communities affected by natural calamities such as floods, earthquakes, and tsunamis. The organization provided food, shelter, and other essential items to those affected by these disasters.
Key Achievements in 2006:
Zakat Foundation™ India's initiatives in 2006 were a great success, and the organization was able to achieve significant milestones. The following are some of the key achievements in 2006:
Health: Zakat Foundation™ India conducted 1,200 health camps in various parts of India and provided medical assistance to over 50,000 patients.
Education: The organization established 10 new schools and provided scholarships to over 2,000 students.
Livelihood: Zakat Foundation™ India provided microfinance loans to over 1,500 entrepreneurs, which helped create more than 3,000 jobs.
Disaster Relief: Zakat Foundation™ India provided disaster relief to over 10,000 families affected by natural calamities in various parts of India.
Financial Performance in 2006:
Zakat Foundation™ India's financial performance in 2006 was commendable. The organization received donations worth INR 25 crore and utilized 90% of the funds for various initiatives. The remaining 10% was utilized for administrative expenses.
Conclusion:
Zakat Foundation™ India's annual report for 2006 showcases the organization's tireless efforts to empower the underprivileged sections of society. The initiatives undertaken by the organization in the areas of health, education, livelihood, and disaster relief have had a significant impact on the lives of thousands of people. The organization's financial performance was commendable, and it utilized the funds received for the betterment of society. Zakat Foundation™ India's efforts are an inspiration to many, and it continues to work towards creating a better and more just society.