The future needs all of us
The Equality Fund was founded by a collective of partners who bring different backgrounds and expertise to one vision: A gender equal world.
The diversity of this partnership is unprecedented, representing women’s funds, community foundations, Canada’s largest financial institution, a gender-lens investing firm, venture capital, a network of the largest global foundations, and more.
The Equality Fund Consortium refers to the three organizations—the Equality Fund, Toronto Foundation, and WUSC—that signed an agreement with the Government of Canada to ensure the effective stewardship of its $300 million CAD contribution. The consortium is not a legal entity; instead, it is a collaboration among partners with deep and diverse areas of expertise coming together to design and build the Equality Fund Initiative. Each brings a unique role:
The Equality Fund provides feminist leadership to the initiative, is the co-designer of the grantmaking strategy, in partnership with AWDF, and designer of the philanthropic and investment strategies.
Toronto Foundation is the Equality Fund’s fiduciary partner and is accountable for the investment of the contribution from GAC totalling $300M CAD.
WUSC provides due diligence, compliance, financial, and capacity-building support to the Equality Fund for its grantmaking program.
The Government of Canada
In 2018, the Government of Canada issued a bold call to action and launched a selection process to establish a dramatically new kind of partnership for gender equality. The vision was to bring together the philanthropic sector, the private sector, civil society, and government to mobilize unprecedented resources and create a sustainable and predictable source of support for women’s organizations and movements in the Global South.
The Equality Fund plants the seeds of a lasting legacy and stands as a powerful example for the rest of the world.