Social Impact Progress in 2022 1 Sadaqa House Orphan Fund BIMB recognises the importance of reaching out to special groups in our community, particularly al-Aytam (the orphans), through our Sadaqa House Orphan Fund. In 2022, we announced our joint aspiration with esteemed changemakers to deliver the End-to-End Care Package, a transformative initiative aimed at creating a 'Desired Future' for orphans. Our Orphan Fund acknowledges that achieving such an ambitious goal requires collective action and collaboration with like-minded organisations who share our common mission. Through public donations raised, BIMB aims to build the Community Economic Empowerment Ecosystem (C3e), which will offer multiple Islamic Social Finance and Financial Inclusion solutions to advance these communities. We are proud to be partnering with esteemed changemakers who cover every stage of an orphan's life through "From Cradle to Graduation," BIMB's Orphan Fund. We kickstarted this initiative by collaborating with three exceptional changemakers with unique and specialised roles in the upbringing of orphans: the Orphan Care Foundation, Pertubuhan Kebajikan Anak Yatim Malaysia, and the Youth Empowerment Foundation (YEM). Through this partnership, we aim to enhance our efforts in building a stronger, more inclusive society for all. OrphanCare Foundation Pertubuhan Kebajikan Anak Yatim Malaysia (PEYATIM) Youth Empowerment Foundation Malaysia •• Provide children in institutions and unplanned infants the opportunity to grow in the care of a family. •• Manage 24/7 baby hatches that increases infant survivability rates in Malaysia. •• Covers operation costs of birth mother shelters and other services to help deinstitutionalisation orphans and re-Integration with family. Impact & Achievements •• Fund allocated for 2022: RM70,000 •• Total commitment until 2025: RM430,000 •• Provide education scholarships in tertiary studies as well as subsistence allowance for academically-inclined orphans (in collaboration with Youth Empowerment Foundation Malaysia). •• Repaired and refurbished orphanages, aided by the Orphanages Infrastructure Improvement Grant 2022. •• Provide additional aid through a structured micro-business entrepreneurship program with our BangKIT Business Grant. •• Offer financial assistance of RM10,000 per month to help the OrphanCare Foundation manage 24-hours baby hatches nationwide as well as providing shelter and safe space for vulnerable mothers to safely deliver their babies. Impact & Achievements 1. Education scholarships for 30 orphans: •• Fund allocated for 2022: RM150,000 •• Total commitment until 2025: RM500,000 2. Orphanages Infrastructure Improvement Grant •• Fund allocated for 2022: RM275,000 •• Total commitment until 2025: RM1,025,000 •• Beneficiaries: 383 orphans from 11 orphanages •• Provide education assistance and intervention programmes for orphans to be enrolled in public universities or technical colleges. •• Provide allowance subsistence for thirty (30) orphan students through the Sadaqa House. •• Provide temporary shelter for the orphans. Impact & Achievements •• Fund allocated for 2022: RM291,000 •• Total commitment until 2025: RM939,000 Integrated Report 2022 138
RkJQdWJsaXNoZXIy NDgzMzc=