[1][2] FCAM is the first and only foundation in Central America, focused on resourcing grassroots women's organisations.

[5] From 2009, it has been led by Carla López (currently at February 2024 the Executive Director); also (until at least 2021 but not in 2024) on the board of the umbrella organisation, the International Network of Women’s Funds also known as Prospera, since 2013.

When FCAM was founded, over 50 percent of the population of Central America (then 20 million people) was living on less than $2 per day.

[5] In the first six years of its existence, FCAM's annual budget grew from $25,000 to $1.5 million, and the number of grantee partners increased from five in Nicaragua to 140 in six countries.

[3][4] More recently, FCAM has been linking the issues of climate change and gender justice, finding that environmental destruction is leading to increased violence against women.