Below is an executive summary of our 2021 Annual Report. To read the full version of the report
BRAC is an international development organisation founded in Bangladesh in 1972 that partners with over 100 million people living with inequality and poverty to create opportunities to realise human potential. BRAC is known for its community-led, holistic approach and delivering long-term impact at scale. BRAC works with communities in marginalised situations, hard-to-reach areas and post-disaster settings across Asia and Africa, with a particular focus on women and children. BRAC operates as a solutions ecosystem, including social development programmes, social enterprises, humanitarian response, a bank and a university. BRAC is born and proven in the south and has become a world leader in developing and implementing cost-effective, evidence-based programmes.
Quotes
We have focused over the past year on accelerating the diversification of our partners, building new relationships with bilateral and foundation funders across Europe, and exploring new forms of funding for social enterprises and impact investment. We are encouraged by the new relationships emerging and hope to further develop and extend these in 2022.
– Ken Caldwell, Chair of Trustees, BRAC UK
2021 was a year of contrasts. On the one hand BRAC faced tremendous challenges such as the COVID-19 pandemic. But on the other hand, BRAC continued to respond to these challenges by supporting communities.
– Lewis Temple, Chief Executive, BRAC UK
Agriculture
We invest in the ability of small-scale farmers to grow more food, earn more income, and build secure businesses, with a focus on women and youth. We address the root causes and barriers to help communities solve their own problems and reduce the risk of climate change and economic shocks.
Agriculture
Education
Everyone deserves the opportunity to learn. That’s why we serve more than a million children in the most vulnerable communities with quality education. To spark potential and power children to succeed, our cradle-to-career approach involves early childhood education programmes, low-cost and high-quality primary schools, scholarships for secondary and tertiary education, and vocational and skills training.
Education
Financial inclusion
We ensure that the most vulnerable people can access financial services that help them manage crises, grow their assets, and invest in businesses to escape poverty. Our microfinance and mobile banking services are tailored to reach vulnerable women, farmers, youth, migrant workers, and small business owners to expand opportunities and increase self-reliance.
Financial inclusion
Health care
We make health systems stronger and deliver care in the most vulnerable communities. With a particular focus on keeping mothers, babies, and young children healthy, our community health workers deliver care directly to families at home to prevent malnutrition, treat diseases, and save lives.
Health care
Humanitarian response
Effective solutions that help communities withstand and recover from natural disasters, conflict, and health threats are more important than ever. We partner with people in crisis to help them survive and build back better in the long term. We are responding to COVID-19 on the front lines in 11 countries, and meeting the urgent needs of those affected by the Rohingya refugee crisis in Cox’s Bazar, Bangladesh.
Humanitarian response
Social enterprises
Our social enterprises create opportunities to help communities lift themselves out of poverty while generating revenue that strengthens BRAC’s capacity to benefit people and the planet. They support small business owners, generate livelihood opportunities, and fill market gaps that create barriers for people living in poverty.
Social enterprises
Ultra-Poor Graduation
We equip people living in extreme poverty—those living on less than $1.90 a day—with the tools, skills, and support to escape the poverty trap. Through our pioneering, proven Ultra-Poor Graduation approach, participants unlock their potential and lift themselves out of poverty.
Ultra-Poor Graduation
Youth empowerment
Empowered youth can harvest endless possibilities. By providing safe spaces, teaching life skills, inspiring self-belief, and creating economic opportunities, we empower young people to break the cycle of poverty and unlock their full potential.
Youth empowerment
Projects
Bangladesh
- Education in emergencies
- Youth in retail
- Cross-border trafficking
- Floods recovery (Relive)
- Relive 2
- Safe water for all
- Humanitarian Crisis Management Programme, WASH
- Education
- Disability Inclusive Development
Bangladesh
Sierra Leone
- COVID-19 Emergency Response
Sierra Leone
Tanzania
- WE SOLVE
- Disability Inclusive Graduation Development
- Early Childhood Development (ECD)
Tanzania
Uganda
- Disability Inclusive Ultra-Poor Graduation
- Digital Health
Uganda
Financial breakdown (2021)
Total Income: 3,385,021 (GBP)
Institutional grants | 2389803 | 70.6% |
BRAC & other income | 603341 | 17.8% |
BRAC Global initiatives | 243021 | 7.2% |
Individual donations | 108330 | 3.2% |
Corporate donations | 40526 | 1.2% |
Total Expenditure: 4,059,707 (GBP)
Uganda | 1855151 | 45.7% |
Bangladesh | 1354849 | 33.4% |
Sierra Leone | 340216 | 8.4% |
Tanzania | 282544 | 7% |
Other countries & BRAC Global initiatives | 199636 | 4.9% |
Cost of raising funds | 27310 | 0.7% |