Equitable funding refers to providing an equal and fair allocation of resources, such as financial support or educational opportunities, to all individuals regardless of their background or circumstances. The goal is to ensure that everyone has access to the same chances for success, based on their needs and abilities rather than external factors like socioeconomic status, race, gender, or disability. This can involve distributing funds in a way that addresses systemic disparities and helps level the playing field for all students, communities, or organizations.