Do you want to donate to zakat-eligible projects in need of financial support? Consider approaching BACG. Our annual zakat gifts are awarded at the end of each Ramadan to two organizations, currently ranging from $50,000 - $80,000 in total.
BACG has a three tiered membership format based on level of desired participation. All membership levels will donate the requisite amount within the designated time frame.
1. Voting Member
2. Non-Voting Member
3. Steering Committee
All new and returning members must fill out the following form for the 2021 giving cycle. The steering committee will contact accepted members.
Members receive instructions to deposit a $5,250 ($5,000 zakat contribution plus $250 zakat-eligible AMF fee) to AMF beginning three months before Ramadan (funds must be received by May 1st at the latest). To deposit your funds click here.
Members present potential zakat eligible organizations and/or specific zakat eligible projects at a pitch meeting held three months before Ramadan. AMF can assist members with identifying potential organizations to present and conducting due diligence.
Eligible members will vote to select two finalist organizations one week after the pitch meeting.
Representatives from the two finalist organizations will present to the group during the first week of Ramadan. Eligible members will vote to select a first place recipient (70% of the total donation) and a runner-up organization (30% of the total donation).
Funds will be distributed by AMF on the 27th of Ramadan. AMF will send out donation receipts to members.