The Zakat Foundation™ Germany is a charitable organization that is dedicated to providing assistance to those in need. The organization is committed to improving the lives of people who are suffering from poverty, hunger, and other hardships. The foundation operates in various countries around the world, and it provides a wide range of services to those who are in need.
The Zakat Foundation™ Germany recently released its annual report for the year 2018. The report provides detailed information on the foundation’s activities during the year, including its financial performance and its efforts to help those in need. In this article, we will take a closer look at the annual report and explore the foundation’s accomplishments and challenges.
Financial Performance
One of the key sections of the Zakat Foundation™ Germany annual report is the financial performance section. The report provides detailed information on the foundation’s income and expenses, as well as its assets and liabilities. According to the report, the foundation had a total income of €2,415,871 in 2018. The majority of this income came from donations from individuals and organizations.
In terms of expenses, the foundation spent a total of €2,253,578 in 2018. The largest portion of this expense was spent on providing assistance to those in need. The foundation also spent money on fundraising and administrative expenses. Overall, the foundation had a surplus of €162,293 in 2018.
Activities and Accomplishments
The Zakat Foundation™ Germany’s annual report also provides detailed information on the foundation’s activities and accomplishments during the year. One of the key areas of focus for the foundation in 2018 was providing assistance to refugees and internally displaced people. The foundation provided food, shelter, and other basic necessities to refugees in various countries, including Syria, Yemen, and Bangladesh.
Another important area of focus for the foundation in 2018 was providing education and vocational training to people in need. The foundation launched several educational initiatives during the year, including a project to provide education and vocational training to orphans in Bangladesh. The foundation also provided scholarships to students in various countries, including Pakistan, Somalia, and Kenya.
The Zakat Foundation™ Germany also provided healthcare services to those in need during the year. The foundation launched several healthcare initiatives, including a project to provide medical assistance to refugees in Syria. The foundation also provided assistance to people suffering from chronic diseases, such as cancer and diabetes, in various countries.
Challenges
Despite its many accomplishments, the Zakat Foundation™ Germany faced several challenges in 2018. One of the biggest challenges was the ongoing conflict in Syria, which made it difficult for the foundation to provide assistance to refugees in the country. The foundation also faced challenges in providing assistance to refugees in Yemen, where the situation was deteriorating rapidly.
Another challenge that the foundation faced in 2018 was the need to raise more funds to support its various initiatives. Although the foundation had a surplus in 2018, it recognized that it needed to continue to raise more funds in order to expand its programs and reach more people in need.
Conclusion
The Zakat Foundation™ Germany’s annual report for 2018 provides a detailed overview of the foundation’s activities and accomplishments during the year. The foundation achieved significant success in providing assistance to refugees, providing education and vocational training, and providing healthcare services to those in need. However, the foundation also faced several challenges during the year, including the ongoing conflict in Syria and the need to raise more funds to support its programs.
Overall, the Zakat Foundation™ Germany’s annual report for 2018 demonstrates the organization’s commitment to improving the lives of people who are suffering from poverty, hunger, and other hardships. With continued support from donors and partners, the foundation is well-positioned to expand its programs and reach even more people in need in the
