Fearless Foundation Update: What does it mean for foundations and charitable organizations?

The Fearless Fund and Fearless Foundation announced a settlement with the American Alliance for Equal Rights and will end its grant program for Black female entrepreneurs, which AAER claimed was racially discriminatory in its suit, filed last August. The most recent ruling before the settlement, from the 11th Circuit appeals court, said that AAER had standing to sue and that the grant program was likely to violate Section 1981 of the Civil Rights Act of 1886 because it created a contractual relationship between Fearless Foundation and its grantees. 

Fearless says the settlement does not restrict any of its charitable activity outside of the grant contest. But what does it mean for foundations and other charitable organizations dedicated to supporting historically marginalized groups? Join the Council and Independent Sector to hear our advice and get your questions answered.