Fearless Fund Ends Grant Program Amid Lawsuit Settlement

Friday, 13 September 2024, 12:30

Fearless Fund stops its grant program for Black women following a lawsuit settlement. This decision impacts funding for under-resourced entrepreneurs, as noted by civil rights attorney Ben Crump. The settlement marks a significant moment for conservative agendas against race-based funding.
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Fearless Fund Ends Grant Program Amid Lawsuit Settlement

Fearless Fund Ends Grant Program Following Lawsuit

In a legal settlement stemming from a right-wing lawsuit, the Fearless Fund, an investment group geared toward women of color, has agreed to end its grant program for Black women. The news, announced Wednesday, prevents this particular lawsuit from making its way to the Supreme Court, where the conservative majority could have used it to curtail race-based funding. Civil rights attorney Ben Crump commented on the implications of this decision.

Settlement Implications

Arian Simone, who runs the Fearless Fund, stated that the organization intends to continue assisting under-resourced entrepreneurs. However, this settlement can be seen as a victory for conservatives who have challenged programs designed to assist Black Americans and other people of color. Led by activist Edward Blum’s group, the suit against the Fearless Fund mirrors efforts that have historically targeted racial justice initiatives.

Consequences for Racial Justice

The lawsuit’s outcome shows how conservative agendas affect efforts to uplift communities of color. Blum's activities, aimed at undermining racial justice in the United States through the court system, have led to significant changes. Notably, past campaigns advocating personal responsibility over government assistance face challenges as the Fearless Fund seeks to operate within capitalist frameworks while supporting Black entrepreneurs.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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