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Blog: $1.5 Million Hilton Humanitarian Prize goes to BRAC
Source: IRIN
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NAIROBI, 3 September
2008 (IRIN) - Congratulations to BRAC the largest non-profit organization in the developing world for receiving this year's Conrad N. Hilton Humanitarian Prize of
$1.5 million. The prize is named after its benefactor Conrad Hilton the founder of the Hilton hotel chain and each year the Conrad N. Hilton Foundation presents the award, the world's largest
humanitarian prize, to an organization that is significantly alleviating human suffering. In this regard, BRAC is deserving indeed. It has issued $5 billion micro-loans, graduated more than 6
million students from its 52,000 primary and pre-primary schools, and created 8.5 million jobs. Launched in Bangladesh and now in its 37th year, BRAC works in eight other Asian and African
countries. BRAC will use prize winnings in southern Sudan. bp/ma/cb© IRIN. All rights reserved. More humanitarian news and analysis: http://www.IRINnews.org
