Poverty & Economic Development
BRAC
Empowers people and communities in situations of poverty, illiteracy, disease, and social injustice through microfinance and development programs.
A score of 95 out of 100 from Charity Navigator places BRAC among the most accountable, transparent, and operationally sound nonprofits in the United States.
What this charity does
Poverty alleviation charities work through a range of strategies: direct cash transfers, microfinance, vocational training, agricultural support, and community-development grants. Some of the most effective are GiveWell-recommended cash-transfer organizations that hand money directly to people in extreme poverty, letting recipients decide what they need most. Others build long-term capacity through skills training, microloans for small enterprises, and partnerships with local development organizations.
Why it matters
GiveWell evaluates global poverty charities more rigorously than any other organization — start there. For US-focused poverty work, look at outcomes beyond "people served": income gains, employment retention, housing stability six and twelve months out. Be skeptical of organizations that emphasize emotional storytelling over outcome data, and of "sponsor a child" models that often spend significant overhead on photo-driven communications.
Common programs in this space
BRAC works within poverty & economic development. These are the kinds of programs typically run in this space — visit their site for current specifics.
- ✓ Unconditional cash transfers to people living below the extreme-poverty line
- ✓ Microfinance loans for small-scale entrepreneurs, especially women
- ✓ Vocational training, skills-building, and job placement programs
- ✓ Agricultural support: improved seeds, livestock, irrigation, market access
- ✓ Policy advocacy on debt relief, fair trade, and economic justice
How to support beyond a one-time gift
- + Direct, unrestricted donations are the most useful — they let charities deploy funds where need is greatest
- + Monthly recurring gifts smooth out cash flow for charities serving volatile regions
- + Sponsor a specific community or program rather than an individual (sponsorship-of-individuals models often have higher overhead)
- + Fund-match campaigns: many poverty charities run year-end matching drives that double your impact
- + Use Kiva to make a microloan — your funds return to you and can be re-loaned
Verify before you give
A few minutes of independent verification pays off — especially for larger gifts. These resources let you confirm the details on BRAC: