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World Bicycle Relief has been named to Barron’s Top 25 List for the most effective philanthropists of the year. The foundation set up by SRAM and Trek Bicycle has distributed more than 70,000 bikes to students, healthcare workers and entrepreneurs in Asia and Africa since 2005.
The organization was ranked 12th on the magazine’s top 25 list. Others who made the list include the Bill & Melinda Gates Foundation, the William J. Clinton Foundation, Skoll Foundation and Oprah’s Angel Network.
The philanthropic consulting firm Global Philanthropy Group partnered with the magazine to evaluate and determine the award winners.
Bikes distributed by WBF help students get to school, connect healthcare workers to people living with HIV and AIDS in rural areas and enable farmers to carry heavy loads and get to market with their goods. The organization estimates that the 71,416 bicycles distributed have reached and improved the lives of 702,080 people.
“A bicycle in the U.S. is a recreational vehicle or an alternative form of transportation. In developing countries a bicycle can mean the difference between getting to school, to a doctor or making a living or not. Simple, sustainable mobility is one of the most un-recognized tools of development work there is,” said F.K. Day, president of World Bicycle Relief and a former vice president of SRAM.
“What we found in Africa was a fundamental gap in the market that wasn’t being filled — the availability of quality, sturdy and culturally appropriate bicycles to the millions of its residents living at the bottom of the market.”
More information: WorldBicycleRelief.org