BRAC is ranked 1 in TOP 500 World by NGO Advisor

NGO Advisor’s Opinion & Ratings

For the third year in a row, BRAC (formerly the Bangladesh Rural Advancement Committee), the largest non-governmental development organization on the planet, has made it to the top of the World NGOs rankings.

Pragmatic, adaptive, BRAC can now play any game, whether using for-profit or nonprofit approaches, to face and challenge systems of inequity.

From the perspective of our ranking 185 criteria covering our three main pillars of interest – impact, innovation and sustainability – BRAC ticks every box with extra scoring this year due to clarity of its strategic vision for the next five years and its willingness to expand its international outreach. A member of the era-defining 1970s wave of Bangladeshi microcredit and microfinance pioneers, alongside the Grameen Bank and ASA, BRAC has since gone on to outpace its old counterparts and assume an unparalleled position in the crowded field of international development. While still involved in the microfinance space, the organization has carefully, but steadily, diversified into a wide suite of activities, from agriculture and food security to education, legal aid, climate change risk reduction, livelihoods support and maternal and child health. Rather than spreading BRAC’s resources too thin, this strategy has instead remained faithful to founder Sir Fazle Hasan Abed’s vision of a holistic, sustainable approach to poverty reduction. Indeed, BRAC is in a unique position to use its microfinance base as a social platform to deliver innovative scaled up services aligned to a principled, rights-based philosophy.

As we noted last year, BRAC is in many ways a microcosm of the entire international development sector in one organization, albeit gaining in independence from donor influence each year as it covers almost 80 percent of its $684 million income through a burgeoning portfolio of catalytic social enterprises – a clear trend positioning the organization in an enviable position of financial and programmatic sustainability. Yet rather than taking this as a cue to rest on its laurels, BRAC has at the same time used its considerable resources and in-house human capital to build an expansive and dedicated monitoring and evaluation apparatus, with positive flow on effects for the entire sector.

Today, BRAC is more than a reference; it is leading the nonprofit world toward its next degree of efficiency and leverage. The term “NGO” is no longer sufficient to describe what BRAC is becoming.

 

Welcome to a new world: Thanks to BRAC, we are now entering the “For-Good” era.

8 / 10 Hiring Rating
7 / 10 Sustainability
6 / 10 Diversity on Funding Streams
7 / 10 Innovation Ratio
6 / 10 Transparency & Accountability
6 / 10 Independence from Governments
10 / 10 Independence from Corporations
7 / 10 Impact Measurement
7 / 10 Audit Results
7 / 10 Independence from One Funder

General

Logo
Organization Name
BRAC
Formerly Known As
-
Brand
-
Tagline
Creating opportunities for everyone to realize their potential
English-Language Website URL
Other-Language Website URLs

http://response.brac.net
http://bracultrapoorgraduation.org/
http://research.brac.net/new/
http://www.bracusa.org/
http://www.bracuk.net/
http://www.bracinternational.nl/en/

Type of organization
nonprofit, social_enterprise,
Year Founded
1972
Lead Photo For Profile
HQ Location: City, Country
Dhaka | Bangladesh
HQ Physical address
75 Mohakhali
Dhaka-1212
Bangladesh
HQ Mailing Address
75 Mohakhali, Dhaka-1212
Bangladesh
Name of Official Representative for Profile
Matthew Kertman
Communications Manager
BRAC USA
Email: matt@bracusa.org
Tel: +1 (212) 808-5615
Primary Contact and General Inquiries
BRAC Centre
75 Mohakhali
Dhaka-1212
Bangladesh

Email: info@brac.net
Tel: 880-2-9881265
Is Your Organisation Membership-based ?
No
Total Members
-
History

Our journey began in 1972 in the newly sovereign Bangladesh and, over the course of our evolution, we have played a part in the significant improvement of life for the poorest in Bangladesh and internationally. BRAC helped dramatically reduce under-five mortality, enroll hundreds of thousands in primary school, and is working tirelessly to improve gender equality worldwide. Most notably, the organization played a significant role in helping Bangladesh achieve several of the Millennium Development Goals, a set of poverty indicators established in 2000 by the United Nations.

Click here to watch a short film about our history over the last four and a half decades.

Strategic Goals for 2020

BRAC’s strategic plan for the next five years supports the United Nations’ new Sustainable Development Goals, building on many existing program priorities while also giving greater emphasis to emerging areas such as skills development, urbanization and climate change. Our goal is to maintain excellence as a global leader in creating opportunity for the world’s poor.

Specifically, we will reach 2.7 million more girls through education and empowerment programs by 2020. We are also collaborating with others through advocacy and technical assistance to put our tested ‘Graduation’ approach for lifting ultra-poor out of poverty on the international agenda. Through this work we hope to end extreme poverty by 2030.

While continuing to maximize opportunities and expand services for the needs of the 138 million people it already reaches, BRAC will empower 20 million of the most underserved and disenfranchised women and men in urban and rural areas to gain greater access to and control over resources, decisions and actions for social transformation.

 

Please Briefly Describe Your Economic Model.
BRAC prioritizes sustainable funding sources and is largely self-financed. Currently, less than a quarter of its expenditures derive from donors. Roughly 75% of of its expenditures - including microfinance, social enterprises, and social development programs - are funded by surplus funds. Its goal is 90% self-financing by 2020. BRAC also relies on a hybrid financial strategy for several of its development programs. It keeps administration costs down and uses smarter targeting mechanisms with sophisticated pricing models that include free services for those who need the most and subsidized and full charge for those in higher income brackets.
Other Twitter Handies
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Other Facebook Accounts
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Activity

Sectors of Activity
Health, Economic Empowerment, Education, Gender Issues, Community Building, Emergency - Crisis, Children & Youth, Micro Finance, Law and Justice, Sanitation, Water, Refugees - Shelter,
Mission

Our mission is to empower people and communities in situations of poverty, illiteracy, disease and social injustice. We act as a catalyst, creating opportunities for people living in poverty to realize their potential. We specialize in piloting, perfecting and scaling innovations to impact the lives of millions.

Our vision is a world free from all forms of exploitation and discrimination, where everyone has the opportunity to realize their potential. 

BRAC believes that poverty is a system and its underlying causes are manifold and interlinked. To create opportunity for people living in poverty, BRAC operates social development programs, social enterprises, socially-responsible investments, and a university.

Gender equality (click here), respect for the environment and inclusiveness are themes crosscutting all of our efforts.

The values of BRAC are innovation, integrity, inclusiveness and effectiveness.

  • Innovation: BRAC has been an innovator in the creation of opportunities for the poor to lift themselves out of poverty. We value creativity in program design and strive to display global leadership in groundbreaking development initiatives.
  • Integrity: BRAC values transparency and accountability in all our professional work, with clear policies and procedures, while displaying the utmost level of honesty in our financial dealings.
  • Inclusiveness: BRAC is committed to engaging, supporting and recognizing the value of all members of society, regardless of race, religion, gender, nationality, ethnicity, age, physical or mental ability, socioeconomic status and geography.
  • Effectiveness: BRAC values efficiency and excellence in all our work, constantly challenging itself to perform better, to meet and exceed program targets, and to improve and deepen the impact of our interventions.

To ensure that we are always learning and that our work is always relevant, we have put in place training, research, and monitoring systems across all our activities, and financial checks and balances in the form of audits. As a knowledge center, we have opened our doors to the public, in an effort to develop national capacity in Bangladesh, through BRAC University, and internationally.

*** Humanitarian aid for the Rohingya ***

In the Cox’s Bazar region of Bangladesh, where more than a million people require immediate humanitarian assistance, including members of host communities, BRAC is pursuing an adaptive, phase-wise strategy to provide integrated services to everyone affected by the crisis.

BRAC is providing health care, learning opportunities, clean water, sanitation, shelter, livelihoods training, and protection support to the most vulnerable families, coordinated by more than 2,500 trained emergency response personnel, as well as an additional 2,000 volunteers. BRAC is also preparing for long-term support. We’ve reached more than half a million people.

For the latest updates, please visit response.brac.net.

Country (or countries) where active
Afghanistan, Bangladesh, Liberia, Myanmar, Nepal, Pakistan, the Philippines, Sierra Leone, South Sudan, Tanzania, Uganda
Date of Publication of Latest Annual Report or Activity Report
06/01/2018
Latest Annual Report PDF
Current Strategic Plan
-
Alliances, Networks, and Affiliations

BRAC is in a strategic partnership with UK’s Department for International Development and Australia’s Department of Foreign Affairs and Trade. Click here to learn more about this partnership.

BRAC recently announced (click here) a leadership position in the Collaborative for Harnessing Ambition and Resources for Girls Education (CHARGE), a global collaborative of more than 30 partners working to advance global girls’ education. In 2014, BRAC committed to reaching 2.7 million additional girls through primary and pre-primary school education, teacher training, adolescent empowerment programs, scholarships and leadership development by 2020.

We also participate in many alliances, including over a dozen with the Bangladesh government that include:

  • Ministry of Cultural Affairs
  • Ministry of Education
  • Ministry of Fisheries & Livestock
  • Ministry of Food and Agriculture
  • Ministry of Health and Family Welfare
  • Ministry of Primary and Mass Education
  • Ministry of Social Welfare
  • Ministry of Foreign Affairs
  • Directorate General of Health Services
  • Department of Agricultural Extension
  • Ministry of Women and Children Affairs
  • Ministry of Youth and Sports
  • the National Institute for Local Government
  • Tongi Paurashava
  • All-Party Parliamentary Group
  • Bureau of Manpower Employment and Training
  • Ministry of Expatriate Welfare and Overseas Employment
  • Bangladesh Overseas Employment and Services Limited
Contact Information for Press Inquiries
Email: info@brac.net
Tel: 880-2-9881265, 8824180-7
Ext: 3155, 3107, 3161
Fax: 880-2-8823542

In Bangladesh
Rajib Bhowmick
Email: rajib.b@brac.net

In the US
Emily Coppel | BRAC USA
Email: emily@bracusa.org
Tel: +1 (212) 808-5615

In the UK
Chris Lyne | BRAC UK
Email: chris@bracuk.net
Tel: +44 (0)20 3434 3072
Contact Information for Fundraising Inquiries
Emily Coppel
Director of Communications
BRAC USA
Email: emily@bracusa.org
Tel: +1 (212) 808-5615
Contact Information for Development and Partnership Inquiries
KAM Morshed
Director | Advocacy for Social Change, Technology, and Partnership Strengthening Unit
Email: k.morshed@brac.net
Tel: 880-2-988126502-9881265 Ext:3637
Contact Information for Inquiries from Private Sector
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Human Resources

Full name
Sir Fazle Hasan Abed, KCMG
Age
1936
Short Biography
http://www.brac.net/chairperson
Photo Portrait
Has Held Position Since
1972
Preceded by
-
Linkedin CEO URL
-
Full name
-
Age
-
Short Biography
-
Photo Portrait
-
Has Held Position Since
-
Preceded by
-
Linkedin CEO URL
-
Number of Employees
107,259
Number of Unpaid Interns
0
Number of Paid Interns
18
Number of New Hires
7,966
Number of Newly Created Positions
3,552
Average Age of Paid Staff
35 years
Number of Volunteers
65,423
Local Staff/Field vs Total Staff (%)
96.9%
Staff Turnover Rate
8.87%
Employment Opportunities

Bylaws & Legal

Legal Status
Bangladesh, The Netherlands, UK, USA
Year of Registration
March 21, 1972 (Bangladesh)
Are Your Bylaws Publicly Available ?
No
Are Your Bylaws Provided On Request ?
Yes
Provide a Request URL or Email
scott@bracusa.org
Date of Bylaws' Last Modification
-
Reason(s) for Modification(s)
-
Countries Where Legally Represented
Afghanistan, Bangladesh, Liberia, Myanmar, Nepal, The Netherlands, Pakistan, The Philippines, Sierra Leone, South Sudan, Tanzania, Uganda, UK, USA
Is Your Organization Accredited to ECOSOC (UN)?
Yes
Year of Accreditation
2013

Financials

Latest Yearly Income (All Countries and Entities)
$812,811,172 USD
Latest Surplus/Deficit
$190,096,875 USD
Previous Yearly Income
$732,014,161 USD
Latest Net Assets
$1,188,070,656 USD
Date of Publication for Next Financial Statement
2017
Latest Financial Statements
Latest Audited Fiscal Year
2016
Contact Information for Auditors

A. Qasem & Co.
Gulshan Pink City
Suites #01-03, Level: 7, Plot #15, Road #103
Gulshan Avenue, Dhaka - 1212, Bangladesh

Phone: 880-2-8881824-6
Fax: 880-2-8881822
Email: aqasem@aqcbd.com