San Francisco Pride organizers are grappling with a significant financial shortfall following the departure of several major corporate sponsors. The event, historically known as one of the largest LGBTQ+ celebrations in the country, has been impacted by growing backlash surrounding diversity, equity, and inclusion initiatives.
According to event officials, companies that had previously contributed substantial funding to the annual celebration have opted to pull their sponsorships this year. While specific names of the withdrawing sponsors were not publicly disclosed, organizers confirmed that multiple corporations reversed their commitments in recent weeks.
The loss of financial backing comes as criticism of corporate DEI programs has intensified, particularly among political groups and shareholders pushing back against such initiatives. The Pride committee acknowledged that the sudden drop in sponsorships could force adjustments to the event’s programming, logistics, and scale.
Organizers expressed disappointment over the decision by sponsors to withdraw, describing it as a reflection of broader societal shifts impacting LGBTQ+ events nationwide. Despite the funding challenges, San Francisco Pride officials pledged that the celebration will continue, with a renewed focus on grassroots community support and local fundraising efforts.
The event, scheduled for June, is expected to proceed with traditional activities, including the parade, performances, and cultural showcases. However, the committee warned that certain high-cost elements could be scaled back if additional funding is not secured in the coming weeks.