Nigeria annual report 2021 Zakat Foundation

Zakat Foundation Nigeria annual report 2021

Zakat Foundation
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Zakat Foundation Annual repot
June 30, 2022
    Delivery time:5-7 Days
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EXPENSES $

REVENUE $

NET ASSETS $

Zakat Foundation™ Nigeria, a non-governmental organization committed to promoting the ideals of Zakat and other forms of charity, has released its annual report for the year 2021. The report highlights the organization's achievements, challenges, and plans for the future.

One of the notable accomplishments of Zakat Foundation™ Nigeria in 2021 was the successful completion of several projects aimed at empowering and uplifting the less privileged members of society. The organization distributed Zakat and other forms of charity to needy individuals and families across various states in Nigeria. Additionally, it provided education and healthcare support to children and young adults, thereby improving their chances of leading successful lives.

Another significant achievement of Zakat Foundation™ Nigeria in 2021 was the launch of several innovative programs and initiatives. These programs focused on addressing emerging social issues such as poverty, unemployment, and food insecurity, amongst others. Through these programs, the organization provided financial and technical assistance to small and medium-sized businesses, supported farmers, and provided vocational training to young people.

However, Zakat Foundation™ Nigeria also faced several challenges in 2021, chief amongst them being the impact of the COVID-19 pandemic. The pandemic led to a significant increase in the number of people requiring assistance, placing a strain on the organization's resources. Despite these challenges, Zakat Foundation™ Nigeria remained steadfast in its mission to provide relief and support to the less fortunate members of society.

Looking to the future, Zakat Foundation™ Nigeria is committed to expanding its reach and impact across Nigeria. The organization plans to increase its outreach efforts and provide support to even more people in need. Additionally, it plans to launch new initiatives and programs aimed at addressing emerging social issues and promoting sustainable development.

In conclusion, Zakat Foundation™ Nigeria's annual report for 2021 highlights the organization's significant achievements and contributions to society. The organization's commitment to promoting the ideals of Zakat and other forms of charity, and its tireless efforts towards uplifting the less privileged members of society, are commendable. As Nigeria continues to face social and economic challenges, organizations like Zakat Foundation™ Nigeria play a crucial role in supporting vulnerable individuals and families, and contributing to the country's development.

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Zakat Foundation Nigeria annual report 2021 All of our Zakat Foundation finances are independently audited in line with Charity Commission rules in Nigeria Read our annual reports to find out more: 2022 Zakat Foundation Annual Report In 2022, over 73,570 Muslims trusted Zakat Foundation to distribute their Zakat worldwide. It is a privilege to help Zakat payers with this important commitment. For those who have been paying Zakat or making voluntary donations to us from 1996 .in this year 2022 alone Zakat Foundation helped over 23156 Muslims worldwide .Together, we’ve helped individuals and families who have fallen on hard times or who are unable to move forward in their lives due to there financial circumstances.Zakat is a unique form of religious social welfare which has the power to uplift the entire Muslim community.Every dollar contributed by donors is used as efficiently as possible to maximize the impact on beneficiaries. Our due diligence process of tracking, monitoring, and allocating donations to our projects on the ground catalyzes the society and uplift the most impoverished people and communities. Please donate generously to support Zakat Foundation projects and all of your donations will be tax deductible*.

Introduction
Zakat Foundation™ Nigeria is a non-profit organization that is committed to helping the less privileged in the society. Its primary goal is to alleviate poverty, provide emergency relief, and support education and healthcare initiatives in Nigeria. The foundation was established in 2007 and has since then impacted the lives of thousands of Nigerians through its various programs.

The Annual Report of 2021
Zakat Foundation™ Nigeria released its annual report for the year 2021, highlighting its achievements and challenges during the year. The report showcased the foundation's programs and activities, funding sources, and financial statements. Here are some of the key highlights of the report.

Emergency Relief Programs
Zakat Foundation™ Nigeria's emergency relief programs provided immediate assistance to people affected by disasters such as floods, conflicts, and COVID-19. In 2021, the foundation distributed relief materials such as food items, clothing, and shelter to over 50,000 families across the country. The foundation also provided medical assistance to those affected by COVID-19, including the provision of oxygen cylinders and other medical supplies.

Education Programs
Education is a critical aspect of the foundation's activities. In 2021, Zakat Foundation™ Nigeria provided scholarships and educational materials to over 10,000 children from poor families. The foundation also renovated and equipped schools in rural areas, improving the learning environment for children.

Healthcare Programs
The foundation's healthcare programs provided medical assistance to thousands of people in 2021. The foundation renovated and equipped hospitals and clinics in rural areas, improving access to healthcare for people in those communities. The foundation also provided medical supplies, drugs, and other essential healthcare services to those in need.

Women Empowerment Programs
Zakat Foundation™ Nigeria's women empowerment programs provided skills training and financial assistance to women in various communities. In 2021, the foundation trained over 5,000 women in various vocational skills such as tailoring, catering, and soap-making. The foundation also provided financial assistance to women to start their businesses and become financially independent.

Fundraising and Donations
Zakat Foundation™ Nigeria raised funds from various sources in 2021, including corporate donations, individual donations, and Zakat contributions. The foundation received over N500 million in donations in 2021, which was used to fund its various programs and activities.

Financial Statements
The foundation's financial statements showed that it spent over N600 million in 2021, with the majority of the funds going towards its programs and activities. The foundation's income was derived from donations and grants, with no government funding.

Challenges Faced
The report also highlighted some of the challenges faced by the foundation during the year. The COVID-19 pandemic was a significant challenge, affecting the foundation's operations and its ability to raise funds. The insecurity in some parts of the country also made it difficult to deliver relief materials to affected communities.

Conclusion
Zakat Foundation™ Nigeria's annual report for 2021 highlighted the foundation's achievements and challenges during the year. The report showcased the foundation's commitment to helping the less privileged in society and its impact on thousands of Nigerians. Despite the challenges faced, the foundation was able to deliver on its programs and activities, thanks to the support of its donors and partners. The report is a testament to the foundation's transparency and accountability, and its commitment to making a difference in Nigeria.