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Greetings!
Fund IRL exists to answer one question: If lawsuits over social media’s harms to young people result in billions of dollars for states, how will young people benefit?
For a long time, that question felt hypothetical. Now it feels real and urgent. In just the past two weeks, New Mexico ordered Meta to pay $567 million for youth mental health, a federal appeals court cleared the way for more than 3,000 lawsuits to proceed, and the first major multistate trial got underway in Oakland.
These lawsuits exist to force social media companies to change the platforms and practices harming young people, and that should remain the primary goal. But as cases move forward, it’s increasingly clear that significant public resources could come with that accountability, and we need to ensure those dollars are dedicated to young people rather than absorbed into general state budgets. Right now, our goals are to make sure (1) Fund IRL priorities are reflected in any national settlements or payouts, and (2) states are prepared to protect funds for young people the moment settlement or judgment dollars start to flow.
We’re proud that Fund IRL brings together a wide range of partners and perspectives around a shared commitment to young people (welcome to this summer’s new national coalition members: Mothers Against Media Addiction, Girls on the Run, HopeLab, Only 7 Seconds, SCORES Network, and Creating Abundance Collaborative!). That diversity is reflected in our new Guidance on the Use of Funds from Social Media Litigation, which offers a collective vision for how these resources can both address the harms young people are experiencing online and invest in the opportunities and supports they deserve offline.
See the latest litigation and coalition updates below.
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