BRAC (organisation)

BRAC is an international development organisation based in Bangladesh. In order to receive foreign donations, BRAC was subsequently registered under the NGO Affairs Bureau of the Government of Bangladesh. BRAC is the largest non-governmental development Organisation in the world, in terms of the number of employees as of September 2016. Established by Sir Fazle Hasan Abed in 1972 after the independence of Bangladesh, BRAC is present in all 64 districts of Bangladesh as well as 16 other countries in Asia, Africa, and the Americas.

BRAC
Predecessor
  • Bangladesh Rehabilitation Assistance Committee
  • Bangladesh Rural Advancement Committee
Formation21 March 1972 (1972-03-21)
FounderFazle Hasan Abed
TypeNon-profit
PurposeInternational development
HeadquartersBRAC Centre, 75 Mohakhali, Dhaka, Bangladesh
Key people
Asif Saleh
(Executive Director, BRAC)
Shameran Abed
(Executive Director, BRAC International)
Revenue (2016)
৳6053.7 crore (US$560 million)
Expenses (2016)৳4323.3 crore (US$400 million)
Staff (2016)
97,742
Websitebrac.net

BRAC states that it employs over 90,000 people, roughly 70 percent of whom are women, and that it reaches more than 126 million people with its services. The organization is partly self-funded through a number of social enterprises that include a dairy and food project, a chain of retail handicraft stores called Aarong, seed and Agro, and chicken. BRAC has operations in 12 countries of the world.

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