San Francisco Pride loses $300,000 as companies including Comcast and Diageo reevaluate sponsorships
Briefly

San Francisco Pride is facing a $300,000 loss in sponsorship funding as major corporate partners, including Comcast and Anheuser-Busch InBev, have scaled back their support for the 2025 event. SF Pride’s executive director noted that raising $2.3 million in sponsorships is critical for their $3.2 million budget. Despite budget cuts, the organization emphasizes its commitment to benefiting the local LGBTQ+ community through a community partner model that funds local events and helps artists and vendors participate in the celebration.
When we talk about the cost of putting this on, a lot of that money goes back to the queer community. A lot of people benefit from the money spent on Pride weekend.
Each of the companies, some of which had worked with SF Pride for years, cited budget constraints for why they could no longer sponsor the event.
Read at Business Insider
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