Corporate Sponsors Withdraw Support for San Francisco Pride Celebrations

SOURCE www.sfgate.com
Several longtime corporate sponsors of San Francisco’s Pride celebrations are pulling their funding for the festivities, leaving Pride organizers searching for another way to raise $300,000. The sponsors cited a lack of funds as the reason for withdrawal, with no mention of the political climate.

Key Points

  • Several longtime corporate sponsors withdrew funding citing lack of funds
  • No mention of the political climate as a reason for withdrawal
  • San Francisco Pride budgeted $3.2 million for the Pride events
  • Corporate sponsorships meant to cover $2.3 million of the budget

Pros

  • San Francisco Pride remains committed to the LGBTQ+ community
  • Opportunity for concerned individuals to support the Pride celebrations

Cons

  • Loss of $300,000 in funding from corporate sponsors
  • Uncertain financial future for the 2025 Pride celebrations