This document discusses Europeana's plans to measure its impact through an impact assessment. Europeana wants to measure its impact to justify continued yearly investment, reinforce stakeholder engagement, understand its strengths and weaknesses, and acquire data to inform future planning. Europeana will develop an impact assessment framework based on a balanced value model to analyze context and map actions, outcomes, and impacts on stakeholders. The impact assessment will have two components: a review analyzing context and ecosystem, and an indicators report establishing SMART metrics to quantify impact. Data collection will include desk research, stakeholder focus groups, and input from an impact assessment taskforce.