
In a 2-1 vote on June 3, 2024, a panel of the U.S. Court of Appeals for the 11th Circuit held that the Fearless Foundation – the charitable arm of the Fearless Fund venture capital firm – must suspend its Strivers Grant Contest. The contest is limited to Black women who are majority owners of businesses.
The Conversation asked Angela R. Logan, a scholar of nonprofit administration and diversity, equity and inclusion policies, to explain the significance of this case, American Alliance for Equal Rights v. Fearless Fund Management, and what’s at stake.