Galaei steps down as fiscal sponsor for Philly Pride and OURFest - Philadelphia Gay News
4 Articles
4 Articles
Galaei steps down as fiscal sponsor for Philly Pride and OURFest - Philadelphia Gay News
After four years of organizing Pride events for Philadelphia, Galaei announced May 2 that it will no longer serve as the fiscal sponsor for Pride or OURFest. The statement from Galaei reads in its entirety: “After thoughtful reflection, Galaei has made the important decision to step down as the fiscal sponsor for Philly Pride. Effective immediately, Galaei is relinquishing all fiscal responsibility for any event or initiative associated with Phi…
Big Brands Retreat From Pride Sponsorships Amid Shifting Corporate Landscape
Major brands like Mastercard, Budweiser, PepsiCo and Nissan are scaling back or withdrawing from high-profile Pride events, with some opting for smaller, local engagements or internal initiatives instead. Nearly 40 percent of Fortune 1000 executives surveyed cited pressure from conservative activists and political figures as a reason for reducing involvement, per a Gravity Research poll. Forty-three percent of companies plan to cut back on Pride…
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