As a registered charity organization in Canada, the Zakat Foundation™ has been working towards its mission of serving the poor and needy through various programs and initiatives. One of the key aspects of its operations is the collection and distribution of Zakat and other charitable donations from the Muslim community in Canada.
The Zakat Foundation™ Canada Annual Report for 1999 provides a detailed overview of the organization's activities and achievements during that year. The report is structured to provide insights into the financial, operational, and programmatic aspects of the foundation's work.
In terms of financial performance, the report indicates that the Zakat Foundation™ Canada received a total of $1,062,378 in donations during 1999, a significant increase from the previous year's total of $857,749. This increase in donations was attributed to the foundation's growing visibility and outreach efforts within the Muslim community in Canada.
The report also highlights the foundation's commitment to ensuring that all funds collected were utilized for their intended purposes. This was achieved through stringent financial controls, transparent accounting practices, and regular audits. The report notes that 92% of the total funds collected were spent on program expenses, with only 6% going towards administrative expenses and 2% towards fundraising expenses.
In terms of programmatic achievements, the Zakat Foundation™ Canada's Annual Report for 1999 highlights several key initiatives. One of the most significant was the establishment of the Zakat Fund, which was designed to collect and distribute Zakat donations to those in need. During 1999, the foundation collected over $228,000 through the Zakat Fund and distributed it to various charitable causes, including providing financial assistance to poor families, supporting orphanages, and providing emergency aid to refugees.
Another major initiative highlighted in the report was the foundation's International Relief Program. Through this program, the Zakat Foundation™ Canada provided support to various relief efforts around the world, including in Kosovo, Turkey, and Afghanistan. The foundation also provided assistance to those affected by natural disasters, such as the earthquake in Turkey and the flooding in Bangladesh.
In addition to its relief efforts, the Zakat Foundation™ Canada also launched several new programs in 1999. These included the establishment of the Education Fund, which provided financial assistance to underprivileged children to help them access education. The foundation also established the Health Fund, which provided support to hospitals and clinics in underserved areas.
Overall, the Zakat Foundation™ Canada Annual Report for 1999 provides a comprehensive overview of the foundation's work during that year. It highlights the organization's financial performance, operational efficiency, and programmatic achievements, and demonstrates its commitment to serving the poor and needy both locally and globally. As the Zakat Foundation™ continues its work, it remains an important organization within the Muslim community in Canada and a vital contributor to the broader charitable landscape in the country.