San Francisco Pride Faces $300,000 Budget Gap as Major Sponsors Withdraw
Organizers cite financial and political pressures as key reasons behind the loss of corporate support, prompting a shift toward community-driven funding efforts.
- Four major sponsors, including Comcast, Anheuser-Busch, Diageo, and Benefit Cosmetics, have withdrawn support for SF Pride's 2025 celebrations, citing financial and political challenges.
- The sponsorship losses represent nearly 10% of SF Pride's $3.2 million budget, leaving a $300,000 shortfall for the June event.
- SF Pride has ended its partnership with Meta, criticizing the company's rollback of diversity, equity, and inclusion (DEI) initiatives and changes to content moderation policies.
- Nationwide, corporate support for LGBTQ+ initiatives is shrinking, with other Pride organizations like NYC Pride also seeing reduced sponsorships.
- In response, SF Pride is pursuing alternative funding strategies, including increased attendee donations, to maintain its mission of inclusivity and accessibility.