Nigeria annual report 2014 Zakat Foundation

Zakat Foundation Nigeria annual report 2014

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 is a non-profit organization that aims to alleviate poverty and promote sustainable development in Nigeria. The organization collects and distributes Zakat, which is an obligatory charity given by Muslims, and other forms of charitable donations to assist vulnerable members of society.

The organization recently released its annual report for 2014, which provides insight into its activities, achievements, and challenges. According to the report, the organization collected a total of N67,124,010.56 in Zakat and other donations in 2014. This amount was used to fund various projects and programs in different parts of the country.

One of the significant achievements of the Zakat Foundation™ Nigeria in 2014 was the successful completion of its Ramadan Food Distribution Program. This program provided food items to thousands of families across the country during the holy month of Ramadan. The organization also carried out several other initiatives, such as the Orphan Support Program, which provided education, healthcare, and other forms of support to orphans and vulnerable children.

In addition to these programs, the organization also engaged in disaster response activities. For instance, it provided relief materials to victims of the flood that ravaged several states in Nigeria in 2014. Furthermore, the Zakat Foundation™ Nigeria supported several small-scale entrepreneurs through its Microfinance Program. This program provided loans and training to help them start or expand their businesses.

Despite its achievements, the organization faced some challenges in 2014. One of the most significant challenges was the inadequate funding it received. The organization highlighted the need for more support from individuals and organizations to enable it to carry out its activities more effectively.

In conclusion, the Zakat Foundation™ Nigeria made significant strides in its mission to reduce poverty and promote sustainable development in Nigeria in 2014. The organization's annual report provides valuable information on its activities, achievements, and challenges, which will help it to improve and build on its successes in the future.

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Zakat Foundation Nigeria annual report 2014 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*.

Zakat Foundation™ Nigeria is a non-profit organization committed to providing assistance and support to those in need across the country. As part of its commitment to transparency and accountability, the organization releases an annual report highlighting its activities and achievements over the past year. In this article, we will review the Zakat Foundation™ Nigeria Annual Report for 2014 and examine the impact of the organization's efforts on the communities it serves.

The 2014 Annual Report of Zakat Foundation™ Nigeria reveals a comprehensive overview of the organization's activities and achievements during the year. The report highlights the organization's commitment to poverty reduction, education, health, and humanitarian aid programs. The organization's efforts are centered on empowering the most vulnerable members of society, including widows, orphans, and people with disabilities.

The report highlights the organization's flagship program, the Zakat Foundation™ Microfinance Scheme. This scheme provides small loans to low-income entrepreneurs to start or expand their businesses. In 2014, the program disbursed over ₦51 million in loans to more than 2,000 beneficiaries across Nigeria. The scheme helped to create over 3,000 jobs and support over 10,000 family members. The program also provided financial literacy training to beneficiaries to help them manage their finances better.

Zakat Foundation™ Nigeria's education program aims to provide access to quality education to children from low-income families. The organization provided scholarships to over 2,000 students across Nigeria in 2014, covering tuition fees, textbooks, and other educational materials. The program also provided school uniforms and basic healthcare to the students.

The organization's health program focuses on providing free medical treatment to vulnerable groups, including women, children, and people with disabilities. In 2014, the organization provided medical outreach services to over 12,000 people across Nigeria. The program also conducted health education campaigns to raise awareness about health issues such as malaria, HIV/AIDS, and maternal and child health.

Zakat Foundation™ Nigeria's humanitarian aid program aims to provide emergency relief to people affected by natural disasters, conflicts, and other crises. In 2014, the organization provided relief assistance to over 10,000 people affected by the Boko Haram insurgency in northeast Nigeria. The aid included food, shelter, and other basic necessities.

In addition to the above programs, Zakat Foundation™ Nigeria also provides support to orphans and widows. The organization provides financial assistance to widows to enable them to start small businesses or meet their basic needs. The orphans' support program provides educational scholarships, healthcare, and other support to orphans.

The organization's efforts in 2014 were made possible by the support of its donors and partners. The report acknowledges the contributions of individuals, corporations, and other organizations that supported its programs during the year.

In conclusion, Zakat Foundation™ Nigeria's 2014 Annual Report highlights the organization's commitment to providing assistance and support to those in need across the country. The organization's efforts in poverty reduction, education, health, and humanitarian aid programs have made a significant impact on the lives of vulnerable individuals and communities. The report demonstrates the organization's transparency and accountability in its operations and provides a roadmap for its future activities.