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Concealed Republican > Blog > Politics > San Francisco’s Pride Festival Faces Harsh Reality as Sponsors Flee
Politics

San Francisco’s Pride Festival Faces Harsh Reality as Sponsors Flee

Jim Taft
Last updated: March 20, 2025 12:18 pm
By Jim Taft 5 Min Read
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San Francisco’s Pride Festival Faces Harsh Reality as Sponsors Flee
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San Francisco’s 2025 gay Pride celebration is facing a financial crisis after several major corporate sponsors jumped ship, leaving organizers scrambling to make up a $300,000 shortfall, as reported by The Daily Caller.

The nonprofit behind the event, San Francisco Pride, is now desperately seeking alternative funding sources, according to SFGATE.

The third annual Athens Pride Parade celebrates the start of Pride month in downtown Athens, Ga., on June 1, 2024. The Pride Parade was organized by the Athens Pride + Queer Collective with the theme of “Here & Queer.”

This mass exodus of corporate support coincides with President Donald Trump’s decisive efforts to dismantle the left’s radical diversity, equity, and inclusion (DEI) agenda.

Elon Musk Called This Financial News ‘Terrifying’

With his administration targeting wasteful DEI programs across federal agencies, universities, and other institutions, companies are clearly beginning to reevaluate their involvement in overtly political causes.

Suzanne Ford, San Francisco Pride’s executive director, is not taking the news well. She told the media she was “really disappointed” that long-time sponsors, including Comcast, Anheuser-Busch, La Crema, and Diageo, decided to pull out.

The annual Greater Palm Springs Pride Parade draws thousands along Palm Canyon Drive in downtown Palm Springs, Calif., on Sunday, November 3, 2024.

Anheuser-Busch, the brand behind Budweiser and Beck’s, has already faced backlash from consumers over its woke marketing disasters, most notably the Bud Light fiasco.

It appears these corporations are finally starting to realize that virtue-signaling isn’t good for business.

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The companies claim financial constraints are behind their decision to cut ties, and none explicitly cited political reasons. However, Ford suspects the broader political climate played a role.

“I just interpreted that companies are making decisions that at this time it’s not good to be sponsoring Pride. I think in this political environment that they thought that was a risky decision. But that’s just me reading the tea leaves. I think for a long-term sponsor not to sponsor us, they are responding to what we are..”

It’s not unusual for sponsors to drop out from year to year, but Ford admitted that the sheer number of exits this time around is “very abnormal.”

Typically, when sponsors pull out, there’s an ongoing conversation with the organization. This time, it seems, companies are quietly cutting ties and moving on.

President Trump’s policies have undoubtedly shifted the playing field. His administration has been unapologetic in its rejection of DEI initiatives, which have burdened institutions and businesses alike with unnecessary bureaucracy and divisive identity politics.

A group representing Delta Airlines carries a large flag during the 51st Cincinnati Pride Parade in downtown Cincinnati on June 22, 2024. The daylong event included a festival at Sawyer Point and Yeatman’s Cove with food, booths, and live music.

Since Trump signed an executive order on January 20 to eliminate DEI programs from federal agencies, the ripple effects have been felt across corporate America.

Many companies that once proudly championed these left-wing initiatives are now retreating under mounting consumer pressure.

Despite its financial woes, San Francisco Pride is still trying to hold onto any corporate support it can salvage. La Crema, one of the departing sponsors, put out a carefully worded statement to the Daily Caller News Foundation.

“La Crema remains fully committed to the LGBTQ+ community. While we had to scale back our SF Pride activation this year, it was never our intention to step away entirely and we are still in ongoing conversations with event organizers on how we plan to participate. We will continue to support Pride, both nationally and in our backyard, and continue our long-standing advocacy partnership with Equality California.”

San Francisco Pride, Comcast, Anheuser-Busch, and Diageo, however, remained silent when asked for comment.

With companies increasingly wary of throwing money at leftist activism, it looks like San Francisco Pride’s leadership will have to face an inconvenient reality: corporate America is waking up to the fact that pandering to the woke mob isn’t worth the price tag.

Read the full article here

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