BRAC is committed to creating opportunities for people living in poverty.
BRAC was founded in Bangladesh in 1972 by Sir Fazle Hasan Abed, and today is a global leader in developing cost-effective, evidence-based poverty innovations in extremely poor, conflict-prone and post-disaster settings. These include programmes in education, healthcare, microfinance, girls’ empowerment, agriculture, human and legal rights, social enterprises, a bank, a university, and the world’s largest mobile money platform.
BRAC is also unique among the world’s major non-profits in that its overall budget is majority self-financed. In Bangladesh, where BRAC was founded and is the location of its global headquarters, BRAC finances 76% of its average annual national budget from its own socially-responsible businesses.
BRAC has been ranked as the number one NGO in the world for three years in a row by the Geneva-based NGO Advisor, an independent media organisation committed to highlighting innovation, impact and governance in the non-profit sector.
“Pragmatic, adaptive, BRAC can now play any game, whether using for-profit or non-profit approaches, to face and challenge systems of inequity,” said NGO Advisor in its review of BRAC. “BRAC ticks every box this year, with extra scoring for the clarity of its five-year strategic vision and its willingness to expand its international outreach…Today, BRAC is more than a reference; it is leading the non-profit world toward its next degree of efficiency and leverage” said NGO Advisor Editor-in-Chief Jean-Christophe Nothias.
About BRAC UK
BRAC UK, an affiliate of BRAC, works to raise resources for its programmes in Africa and Asia, raise awareness about BRAC across Europe and develop partnerships with local and global organisations, donor agencies, academic and research institutions and governments.
Between 2015 and 2020 BRAC UK aims to bring BRAC’s life-changing services to 10 million people. We are well on our way. We are concentrating our efforts on three priorities; education and empowerment, equitable economic development and access to health and water, sanitation and hygiene services.
A small team of eleven staff, based in London work closely with our central office in Bangladesh and country programme staff to develop projects and funding proposals for a range of donors, including DFID, EuropeAid, trusts, foundations and individuals. The BRAC UK team also manage and support the accountability element of the grants received. BRAC UK is well on its way to meeting its target of raising £50m by 2020 through funding direct to BRAC UK and also supporting other BRAC entities to fundraise.