By any measure, the Women's Fund appears to be thriving. Ten years ago, it had 68 members who gave away $140,000. Today, its membership has swelled to nearly 600, the vast majority belonging to groups with names like "Instead of Shoes" or Benevolent Babes." Now, it gives away roughly half-a-million a year. Typically, the grants are pretty beefy, ranging in size from $50,000-$100,000. Over the years, the fund has given away $4.1 million to 55 groups. Of that, more than a million came in the form of matching grants provided by Ofalea Foundation and Betty Elings Wells. Santa Barbara Foundation has provided key administrative services, not to mention its tax-exempt umbrella.  While administrative overhead sucks at leat 15% from most philanthrophic efforts, the Women's Fund boasts that it spends no more than three percent.