In 2013, FCAM's model of collaboration was evaluated. This evaluation included several components: the impact of FCAM on its grantee partners and women's movements, as well as the impact of its grantees partners on their communities. Other components were: our contribution to feminist philanthropy, our relationship with donors and other women's funds, and our communicational efforts. In 2014, the results of this evaluation were validated with our grantee partners through national meetings. In this report, a brief analysis of aspects of the regional context relevant to the reality of Central American women and their organizations is presented. Later, the work model of FCAM is described to give insight into its operations.The following sections focus on the main contributions and challenges identified by the evaluations and systematization. We finish with a synthesis of reflections regarding the evaluation principals and recommendations that have arisen from the different perspectives.