In January 2005, the Roma Education Fund (REF) came into existence as a Swiss foundation with the goal of increasing the inclusion of Roma children in mainstream classes in Central and Eastern Europe. The fund gives priority to countries that make a political commitment to design and finance actions to improve Roma living conditions, by taking part in the Decade of Roma Inclusion. The REF is the first concrete step by donors and participating countries to create an instrument to achieve the Decade's goals. This article presents the REF's achievements over the past two years and offers a vision for the fund's future development. (Contains 16 notes.)