With race-based equity initiatives facing renewed challenges, marginalized and divested communities must see unwavering support from philanthropic foundations.
In June, the 11th Circuit Court of Appeals in Georgia upheld a preliminary injunction against the Fearless Fund, a grant-making organization supporting businesses led by women of color.
This decision, coupled with the Supreme Court’s ruling on affirmative action, has created a chilling effect on philanthropy, prompting some foundations to step back from equity work. We encourage our philanthropic peers to join us in reaffirming our commitment to equity-centered grantmaking and endowment investments in BIPOC-led funds.