Overview 2018-11-05T01:42:39+00:00

Varachia Foundation

Varachia Foundation logo 6

IN THE NAME OF ALLAH, THE ALL COMPASSIONATE, THE MOST MERCIFUL

Narrated by Sayyidina Abu Hurairah (RA): A man came to the Nabi Sallallahu Alyhi Wa Sallam and asked, “O Allah’s Apostle! Which charity is the most superior in reward?” He replied, “The charity which you practice while you are healthy, niggardly and afraid of poverty and wish to become wealthy. Do not delay it to the time of approaching death and then say, ‘Give so much to such and such, and so much to such and such.’ And it has already belonged to such and such (as it is too late).”



[Bukhari]

With the help of the Almighty we have started a family foundation that aims to achieve the following:

  1. Charity & Welfare
  2. Skills,
  3. Growth,
  4. Networking,
  5. Sustainability.

Overview

Charity & Welfare

The Foundation will be used mainly for the following areas:

1) Welfare work where our combined Lillah, Sadqah and Zakaat can be used to benefit the ummah.Our priority will be to assist the following groups of people: The elderly, the widows and orphans; thosewith young children who are struggling financially; those with serious illnesses who may not have thefinancial means to aid it; those intending to perform hajj but do not have the means. Additionally, we willpartake in disaster relief efforts as well as special projects alongside distinguished charity organisations.

2) Funds to assist those in our family if the need arises for example: widows, bursaries and medical expenses.

3) Sadaqah jaariah projects such as wells and masaajids/musallahs to be set up for the isaale thawaabof our parents and those who have passed away.

4) Investments into property with the returns going into the foundation to be used for the above projects.

Inflows to the foundation

1) Initial once off lump sum contribution to help start the initiative (Lillah and Sadqah)

2) Monthly contributions in terms of a debit order (Lillah and Sadqah)

3) A portion of liquid assets from 1/3 of an estate that you have discretion over can be contributed to the foundation (Islaamic Wills are available under links – downloads) 4) Zakaat can be channelled through the foundation for the welfare work.

5) Annual collection drives will be done throughout the year as the need arises.

 Setup

We intend to setup the foundation within the coming weeks and it will have the following structure:

1) There will be a representative from each family on the shura of the foundation.

2) The foundation will be registered as a NPO (Non-Profit Organisation) resulting in tax deductions for contributions (once S18A exemption is given by SARS)

3) A separate bank account will be opened for the foundation (2 signatories).

4) A small percentage (max 5%) of contributions will be used to cover administration related costs.

5) The foundation is open to anyone to be part of to contribute and is not only restricted to the Varachia family.

We need to leave behind a legacy, for our children to benefit and build on.

Skills:

Each skilled Varachia should provide services to our family, at base cost or as a service. Although this is informally already practised, skilled members such as Doctors, Accountants and others should provide services to the family, under the foundation umbrella, at a reduced fee or cost, if services are rendered or direct cost for tangible goods. Furthermore, skilled members should also provide community service, under the foundation umbrella to the community as part of a project etc We need to be more active in terms of our community, whether it be policing, funerals, AHAWA, Masjid committees etc we need to get involved – donating funds is one thing, however donating time is another.

Growth:

We need to try and upskill our current generation and future members to be like our grandfathers. Go getters, who started with not much, and built for us what now makes our lives easy. Thus, we need to try and arrange workshops to ensure our skills are shared and available to everyone. We could do simple ones, like maybe:

Tax 101, where an accountant will give us some tax information, or

Technology 101, where an IT expert would be able to upskill our family or

Arts and Crafts 101 especially for our kids and Islaamic related workshops etc.

This doesn’t stop there, what about Baking 101, Aunty Mahroon’s baking tips and we can’t leave out Uncle Ebrahims business tips – the workshop list could be endless. We have all the skills in-house and we need to pass these onto future generations.

Networking:

We all know so many people, and when we need people we struggle to find the correct person. We need to setup a database of who is who and who knows who. In terms of an emergency, family members abroad, contacts if you in a foreign country of other Varachia’s, businesses of who does what, who’s working where, and lastly a recruitment portal, where if someone is looking for a position/job we can arrange a position based on our ‘contacts’ network, example send your CV to Mr. X he is working at company Y, maybe he can arrange something for you.

Sustainability:

The foundation should be stable enough to sustain itself, it will need strong leadership, clear objectives and goals. It needs to be continuous and be transparent, fair to all and a benefit to us, firstly, then the rest of the Ummah.

Other Ideas we can get involved in as a family:

• Adopt an orphan for a day – Visit the orphanage with our kids and take gifts for the orphans,

• Clothing drive – Collect all our old clothing and annually can distribute it together

• Sporting club – get parents and kids more active, away from technology by setting up sporting teams for football etc (we had this before) and we do it with T20 cricket but we need more.

Do you have any other ideas? Please email us on foundation@varachia.co.za