Indonesia annual report 2016 Zakat Foundation

Zakat Foundation Indonesia annual report 2016
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 that aims to improve the lives of the less fortunate in Indonesia by providing assistance through various programs. One of the key aspects of their work is the collection and distribution of Zakat, which is a form of charitable giving in Islam.

The organization recently released its annual report for the year 2016, which highlights the impact of its programs and the progress made towards achieving its goals. The report provides a detailed account of the various initiatives undertaken by Zakat Foundation™ Indonesia throughout the year, including the distribution of aid to those affected by natural disasters, the provision of education and healthcare services, and the empowerment of women through vocational training.

In 2016, Zakat Foundation™ Indonesia collected a total of Rp 111.2 billion in Zakat, which was used to fund various programs aimed at helping those in need. Some of the key achievements of the organization during the year include the distribution of food aid to over 500,000 people affected by the earthquake in Aceh, the construction of new schools and the renovation of existing ones, and the provision of healthcare services to over 50,000 patients.

In addition to its core programs, Zakat Foundation™ Indonesia also worked to improve the efficiency and effectiveness of its operations in 2016. This included the implementation of a new online Zakat payment system, which made it easier for donors to contribute to the organization’s efforts. The report also highlights the organization’s commitment to transparency and accountability, with detailed financial statements and information on its governance structure.

Overall, the 2016 annual report of Zakat Foundation™ Indonesia provides a comprehensive overview of the organization’s work and its impact on the lives of people in need. The report highlights the importance of Zakat as a means of charitable giving and the critical role that organizations like Zakat Foundation™ Indonesia play in helping to alleviate poverty and improve the well-being of communities across Indonesia.

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Zakat Foundation Indonesia annual report 2016 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*.

Zakat Foundation™ Indonesia (ZFI) is a non-profit organization established in 2003 with the aim of reducing poverty in Indonesia. The organization focuses on zakat (Islamic charity) as the main tool for poverty alleviation, and it also provides assistance in the form of sadaqah (voluntary charity) and other forms of charitable giving.

In 2016, Zakat Foundation™ Indonesia released its annual report, highlighting the organization's achievements, activities, and financial performance during the year. The report provides detailed information on the impact of ZFI's programs and how they have contributed to reducing poverty and improving the lives of the underprivileged in Indonesia.

The report begins with an introduction that outlines ZFI's mission and vision, and its commitment to transparency and accountability. It also provides a brief history of the organization and its growth over the years, highlighting its achievements and challenges.

ZFI's Programs and Achievements in 2016

The report then goes on to detail ZFI's programs and achievements during the year. In 2016, ZFI implemented a number of programs aimed at reducing poverty, improving education, and providing healthcare services to the needy.

One of the major programs implemented by ZFI in 2016 was the Ramadan Food Package program. This program provided food packages to thousands of families in need during the holy month of Ramadan. The report provides details of the program, including the number of beneficiaries, the cost of the program, and the impact it had on the lives of the beneficiaries.

ZFI also implemented a number of education programs in 2016, aimed at improving access to education for children from poor families. These programs included the Scholarship Program, the School Assistance Program, and the School Renovation Program. The report provides details of these programs, including the number of beneficiaries and the impact they had on the education of the beneficiaries.

In addition, ZFI implemented a number of healthcare programs in 2016, aimed at providing healthcare services to the needy. These programs included the Free Medical Check-Up Program, the Free Medication Program, and the Free Surgery Program. The report provides details of these programs, including the number of beneficiaries and the impact they had on the health of the beneficiaries.

ZFI's Financial Performance in 2016

The report also provides details of ZFI's financial performance in 2016. The organization's income during the year was primarily derived from zakat, sadaqah, and other forms of charitable giving. The report provides a breakdown of the sources of income, as well as a detailed analysis of the organization's expenses.

ZFI's financial statements are audited by an independent auditor, ensuring transparency and accountability in the organization's financial management. The report provides a summary of the auditor's report, as well as a statement of financial position and a statement of activities for the year.

Conclusion

In conclusion, Zakat Foundation™ Indonesia's annual report for 2016 provides a detailed overview of the organization's programs and achievements during the year. The report highlights the impact of ZFI's programs on reducing poverty, improving education, and providing healthcare services to the needy.

The report also provides transparency and accountability in the organization's financial management, with a detailed analysis of income and expenses, and an auditor's report ensuring the accuracy of the financial statements.

Overall, the annual report demonstrates ZFI's commitment to its mission and vision, and its dedication to making a positive impact on the lives of the underprivileged in Indonesia.