"Or" means at least one of multiple alternatives. Alteratives contrast with each other, they differ. Of course, the original author could be repeating the same thing for emphasis, but more likely they are saying two different things. Since the second thing is discrimination, the first thing, "DEI", must necessarily not be discrimination. If they merely wanted you to not discriminate, they could have just said "follows federal anti discrimination laws" which are quite stringent.
They are saying the same thing twice. They repeat themselves specifically because certain groups hold a strong belief that "discrimination" only goes one-way, and have effectively twisted the meaning of the word in their minds.
The explicit mention of DEI is a way of saying "yes, that means ALL kinds of discrimination, including the kinds you may believe are morally correct".
That may be what they mean, but it is a sufficiently dubious interpretation that one can't reasonably use it to obtain the funding unless clarification is provided by the administration.
You're free to disagree with anyone here, but playing stupid is only a waste of time. It's not a difficult topic to understand both sides of, regardless of where you come down.
Okay, so can you help me interpret that correctly, then? What other conclusion should I draw from this?