Zakat Foundation™ Canada Annual Report 2005: A Reflection of Impactful Philanthropy
The Zakat Foundation™ Canada is a charitable organization that aims to alleviate the suffering of the most vulnerable populations worldwide through Zakat, Sadaqah, and other forms of charitable giving. The Foundation has been operating in Canada since 2004, and its annual reports are a reflection of the impact that it has been able to create through its philanthropic efforts.
The Zakat Foundation™ Canada Annual Report 2005 is a testament to the Foundation's commitment to making a positive impact in the world. The report provides a detailed overview of the Foundation's operations, accomplishments, and financial performance throughout the year 2005.
One of the significant accomplishments highlighted in the report is the Foundation's emergency relief efforts in response to the South Asia earthquake that occurred in October 2005. The Foundation was able to provide emergency relief to over 10,000 people affected by the earthquake. The Foundation's efforts included the distribution of food, shelter, medical supplies, and other essential items.
In addition to emergency relief efforts, the Zakat Foundation™ Canada also focused on several long-term development projects in 2005. One of the significant projects was the construction of a water well in Pakistan. The well provided clean drinking water to over 500 families in the area, thereby reducing the risk of waterborne diseases and improving overall health and well-being.
The Foundation also provided support for education in 2005. The report highlights the Foundation's sponsorship of 20 students in Afghanistan, providing them with the opportunity to attend school and receive an education that would help them to break the cycle of poverty.
The Zakat Foundation™ Canada Annual Report 2005 also provides a detailed breakdown of the Foundation's financial performance. The report states that the Foundation received over $1.5 million in donations in 2005, with the majority of funds being used for emergency relief efforts and long-term development projects. The report also provides a detailed breakdown of the Foundation's expenses, indicating that over 80% of funds were used for charitable programs and services.
The report highlights the importance of transparency and accountability in charitable organizations. The Zakat Foundation™ Canada is committed to being transparent about its operations, and the report provides detailed information about the Foundation's financial performance, governance structure, and charitable programs.
In conclusion, the Zakat Foundation™ Canada Annual Report 2005 is a reflection of the Foundation's impactful philanthropy. The report highlights the Foundation's commitment to providing emergency relief and support for long-term development projects. The report also emphasizes the importance of transparency and accountability in charitable organizations. The Foundation's efforts in 2005 demonstrate its commitment to making a positive impact in the world and providing support to those who need it most.