Simplify the following text for a Grade 15 native English-speaking person.
Original: The United Nations Development Fund for Women , commonly known as UNIFEM ( from the French `` Fonds de dÃ veloppement des Nations unies pour la femme '' ) was established in December 1976 originally as the Voluntary Fund for the United Nations Decade for Women in the International Women 's Year .
Simplified: The United Nations Development Fund for Women commonly known as UNIFEM ( from the French `` Fonds de dÃ veloppement des Nations unies pour la femme is a fund of United Nations established in New York in 1976 aimed for equality as men and taking part in society of women .