Measuring change is challenging. Measuring change in ways that are consistent with feminist values and
approaches even more so. The Equality Fund is a new experiment. With deep feminist roots, commitments and accountabilities we bring grantmaking, philanthropy and gender-lens investment programs under one roof. As part of this experiment, we know that understanding how we are supporting change is crucial. Monitoring and
evaluating is not just what we do. If, how, and why it is making a difference is also essential. This will help us work smarter. It will also contribute to our broad objective of mobilizing more and better resources for feminist movements around the world.