Major Corporate Sponsors Withdraw From NYC Pride

The New York Times reports: Roughly one quarter of the corporate donors to New York City’s annual Pride festivities have either canceled or scaled back their support this year, citing economic uncertainty and fear that the Trump administration could punish corporations it viewed as supporting a celebration of gay and transgender rights. Almost all the … The post Major Corporate Sponsors Withdraw From NYC Pride appeared first on Joe.My.God..

Mark Mark
May 24, 2025 - 20:00
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Major Corporate Sponsors Withdraw From NYC Pride

The New York Times reports:

Roughly one quarter of the corporate donors to New York City’s annual Pride festivities have either canceled or scaled back their support this year, citing economic uncertainty and fear that the Trump administration could punish corporations it viewed as supporting a celebration of gay and transgender rights. Almost all the biggest donors to last year’s celebration have pulled back, and the retreat has been seen at all levels of sponsorship.

The retreat of corporate sponsors, including Mastercard, Nissan and Garnier, follows years of wavering support from companies for L.G.B.T.Q. causes. It has left Heritage of Pride facing an unexpected shortfall of an estimated $350,000, a difficult blow for an organization whose spending has significantly outstripped its income every year since 2019, when it hosted WorldPride, a much larger global gathering.

Read the full article. Among the largest expenses for Pride events are police protection and liability insurance. As you can see below, the ever-detestable Log Cabin Kapos are celebrating today’s news.

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