Indonesia annual report 2020 Zakat Foundation

Zakat Foundation Indonesia annual report 2020
Zakat Foundation
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Zakat Foundation Annual repot
June 30, 2022
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EXPENSES $

REVENUE $

NET ASSETS $

Zakat Foundation™ Indonesia is a non-profit organization dedicated to serving those in need through zakat, infaq, and sadaqah programs. As a transparent and accountable institution, the foundation annually publishes its report on the use of zakat funds.

The Zakat Foundation™ Indonesia Annual Report 2020 reflects the organization's commitment to using zakat funds for the benefit of the poor and needy. The report provides an overview of the foundation's achievements and impact throughout the year, showcasing the many lives that have been touched and transformed by zakat.

In 2020, the Zakat Foundation™ Indonesia received a total of IDR 208 billion in zakat and other forms of charitable donations. The organization distributed these funds to various programs, including education, healthcare, livelihood, and social welfare. These programs aimed to address the basic needs of individuals and families living in poverty, helping them to build better lives for themselves and their communities.

One of the significant achievements of the Zakat Foundation™ Indonesia in 2020 was its response to the COVID-19 pandemic. As the pandemic swept across the country, the foundation mobilized its resources and launched several programs to support those most affected by the crisis. These programs included providing food packages, personal protective equipment, and other essential items to vulnerable families and communities.

In addition to its COVID-19 response, the foundation continued to support its ongoing programs, such as providing scholarships and school supplies for underprivileged students, access to clean water and sanitation, and support for micro-enterprises. The foundation also provided emergency relief and rehabilitation assistance in response to natural disasters that occurred throughout the year.

The Zakat Foundation™ Indonesia Annual Report 2020 serves as a testament to the organization's commitment to transparency and accountability. By sharing its achievements and impact, the foundation inspires trust and confidence in its donors and supporters, encouraging them to continue their generous contributions to help alleviate poverty and improve the lives of those in need.

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Zakat Foundation Indonesia annual report 2020 All of our Zakat Foundation finances are independently audited in line with Charity Commission rules in Indonesia 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™ Indonesia is a non-profit organization that aims to empower the Muslim community by providing humanitarian aid and promoting sustainable development. In this article, we will be reviewing their annual report for 2020, which provides a comprehensive overview of their activities and achievements throughout the year.

Overview of Activities

Zakat Foundation™ Indonesia operates in various sectors, including education, health, livelihood, and disaster relief. In 2020, the organization continued to deliver these services despite the challenges posed by the COVID-19 pandemic.

Education

In the education sector, Zakat Foundation™ Indonesia continued to provide scholarships to underprivileged students across the country. In 2020, they supported more than 1,300 students with scholarships, which covered their tuition fees, transportation, and other educational expenses. Additionally, the organization provided assistance to schools and teachers affected by the pandemic.

Health

Zakat Foundation™ Indonesia's health programs aim to provide medical assistance to low-income families and communities. In 2020, the organization conducted medical checkups for more than 8,000 individuals and distributed free medicine to those in need. They also provided support to hospitals and clinics affected by the pandemic.

Livelihood

In the livelihood sector, Zakat Foundation™ Indonesia provides microfinance services to entrepreneurs and small business owners. In 2020, they disbursed more than IDR 3 billion in loans to over 900 individuals, helping them to start or expand their businesses. The organization also provided vocational training and business development support to help these entrepreneurs succeed.

Disaster Relief

Zakat Foundation™ Indonesia has a strong disaster relief program that provides immediate assistance to communities affected by natural disasters, such as floods and earthquakes. In 2020, they responded to several disasters, including floods in South Kalimantan and the earthquake in West Sulawesi. The organization provided food, shelter, and other essential items to affected families.

Impact and Achievements

In 2020, Zakat Foundation™ Indonesia's programs had a significant impact on the lives of many individuals and communities across the country. Some of their notable achievements include:

Providing scholarships to over 1,300 students, allowing them to continue their education and improve their future prospects.
Conducting medical checkups for more than 8,000 individuals, ensuring that they receive necessary medical attention.
Disbursing more than IDR 3 billion in microfinance loans, helping entrepreneurs and small business owners to improve their livelihoods.
Responding to several natural disasters, providing immediate assistance to affected communities.
Financial Performance

Zakat Foundation™ Indonesia's financial statements show that the organization had a successful year in terms of fundraising and financial management. In 2020, they raised more than IDR 100 billion in donations, which allowed them to continue delivering their programs and services to those in need.

The organization's expenses in 2020 were primarily allocated to program delivery, with 83% of their total expenses going towards program expenses. Administrative expenses accounted for only 6% of total expenses, and fundraising expenses were 11%.

Conclusion

Zakat Foundation™ Indonesia's annual report for 2020 highlights the organization's commitment to improving the lives of individuals and communities across the country. Despite the challenges posed by the COVID-19 pandemic, the organization continued to deliver their programs and services and made a significant impact on the lives of many. Their financial performance was also strong, demonstrating the effectiveness of their fundraising and financial management strategies. Overall, Zakat Foundation™ Indonesia's annual report for 2020 is a testament to the organization's dedication to their mission and the impact they are making in the community.