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 number of employees as of September 2016.[3][4][5] 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 11 other countries in Asia, Africa, and the Americas.[6]
BRAC
BRAC Logo
Predecessor
Building Resources Across Communities
Bangladesh Rehabilitation Assistance Committee
Bangladesh Rural Advancement Committee
Formation
1972
Founder
Fazle Hasan Abed
Type
Non-profit
Purpose
International development
Headquarters
Dhaka, Bangladesh
Revenue (2016)
Increase৳6053.7 crore (US$720 million)[1]
Expenses (2016)
Increase৳4323.3 crore (US$510 million)[1]
Staff (2016)
97,742[2]
Website
brac.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.[7][8][9] The organisation 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[clarification needed], and chicken. BRAC has operations in 11 countries of the world.[7][10]