logo
Juneteenth celebrations adapt after corporate sponsors pull support

Juneteenth celebrations adapt after corporate sponsors pull support

Associated Press11 hours ago

AUSTIN, Texas (AP) — Juneteenth celebrations have been scaled back this year due to funding shortfalls as companies and municipalities across the country reconsider their support for diversity, equity and inclusion initiatives.
Canceled federal grants and businesses moving away from so-called brand activism have hit the bottom line of parades and other events heading into Thursday's federal holiday, which celebrates the end of slavery in the United States. The shrinking financial support coincides with many companies severing ties with LGBTQ celebrations for Pride this year and President Donald Trump's efforts to squash DEI programs throughout the federal government.
In Denver, for example, more than a dozen companies backed out of supporting the Juneteenth Music Festival, which is one of the city's biggest celebrations of the holiday, according to Norman Harris, executive director of JMF Corporation, which puts on the event.
'There were quite a few sponsors who pulled back their investments or let us know they couldn't or wouldn't be in a position to support this year,' said Harris, who has overseen the event for more than a decade.
The festival, which takes place in the historically Black Five Points neighborhood, has been scaled back to one day instead of two because of the budget shortfall. It has only been able to stay afloat thanks to donations from individuals and foundations.
'Thankfully, there was a wide range of support that came when we made the announcement that the celebration is in jeopardy,' Harris said.
Juneteenth celebrates the day the last enslaved people in Texas were told they were free on June 19, 1865, two years after President Abraham Lincoln's Emancipation Proclamation. The day has been celebrated by Black Americans for generations, including in Harris' family, but became more widely celebrated after becoming a federal holiday in 2021.
After the 2020 murder of George Floyd, many companies pursued efforts to make their branding more inclusive, but it has slowed down over the past few years after some received blowback from conservatives and because many companies didn't see it as an important part of their revenue stream, said Dionne Nickerson, a professor in marketing at Emory University.
Some companies can no longer afford to support Juneteenth celebrations because they just don't have the money given the economic uncertainty, according to Sonya Grier, a marketing professor at American University.
'It's a whole confluence of issues,' Grier said.
Rollback of local support
Many state and local governments hold or help fund celebrations, but some decided not to this year.
The governor's office in West Virginia stated that the state won't be hosting any Juneteenth events this year for the first time since 2017 due to a budget deficit. Republican Gov. Patrick Morrisey last month signed a bill to end all diversity programs.
'Due to the continued fiscal challenges facing West Virginia, state government will not be sponsoring any formal activities,' deputy press secretary Drew Galang said in an email.
City Council members in Scottsdale, Arizona, dissolved their DEI office in February, which led to the cancellation of the city's annual Juneteenth festival.
Event organizers in Colorado Springs, Colorado, had to move locations due to fewer sponsors and cuts in city funding, said Jennifer Smith, a planner for the Southern Colorado Juneteenth Festival.
Around five companies sponsored the event this year, compared to dozens in years prior, Smith said.
'They have said their budgets have been cut because of DEI,' and that they can no longer afford it, she said.
Some groups have also mentioned safety concerns. Planners in Bend, Oregon, cited 'an increasingly volatile political climate' in a statement about why they canceled this year's celebration.
Slashes in federal funding
Many local organizations have also had their budgets slashed after the National Endowment for the Arts pulled funding for numerous grants in May.
The Cooper Family Foundation throws one of the largest Juneteenth celebrations in San Diego each year. It was one of dozens of groups told by the NEA in May that its $25,000 grant was being rescinded.
The email said the event no longer aligned with the agency's priorities, said Maliya Jones, who works for the foundation.
The grant money went toward paying for arts and dance performers. The event will still take place this year, but members of the Cooper family will have to divide up covering the costs, said Marla Cooper, who leads the foundation.
'That's $25,000 we have to figure out how we're going to pay for,' Cooper said.
'We will always have Juneteenth. And we will work it out,' she said.
___
Lathan is a corps member for The Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Biotech pauses trial after second patient death linked to gene therapy
Biotech pauses trial after second patient death linked to gene therapy

Washington Post

time24 minutes ago

  • Washington Post

Biotech pauses trial after second patient death linked to gene therapy

Biotech firm Sarepta Therapeutics said that a second patient died after receiving its gene therapy to treat Duchenne muscular dystrophy, the latest drug to draw scrutiny after winning fast regulatory approval. The Cambridge, Massachusetts-based firm's stock lost more than 40 percent of its value Monday, a day after disclosing the death and announcing that it would temporarily stop shipping the treatments for certain patients, and pause a clinical trial, while it evaluates its protocols.

Eli Lilly is making it cheaper and easier to buy high-doses of blockbuster weight loss drug Zepbound
Eli Lilly is making it cheaper and easier to buy high-doses of blockbuster weight loss drug Zepbound

Fast Company

time26 minutes ago

  • Fast Company

Eli Lilly is making it cheaper and easier to buy high-doses of blockbuster weight loss drug Zepbound

Eli Lilly announced on Monday it will soon make the two highest-doses of its popular weight-loss drug Zepbound available for self-paying customers on its website. Starting in August, 12.5 mg and 15 mg single-doses will be added to the company's website, effectively making all Zepbound doses available for $499 a month, or less. Unlike the pen form sold at pharamcies like Walgreens and CVS, the drug will be available in vial form through its LillyDirect self-pay pharmacy, which will require patients to draw their own shots into a syringe rather than have them prefilled. The drug will be to any eligible adult with obesity and a valid prescription regardless of insurance coverage. Health care providers and doctors can start prescribing the higher doses on July 7, according to Lilly. Zepbound is an injectable prescription medicine that belongs to a class of drugs known as GLP-1 receptor agonists originally developed for type 2 diabetes, that may help adults for treating obesity and weight-related medical issues. 'Obesity is a serious, chronic disease, and access to obesity medications should be treated with the same urgency as other chronic conditions,' Rhonda Pacheco, group vice president of U.S. Cardiometabolic Health at Lilly said in the press release. 'Lilly was the first company to offer a self-pay solution for an FDA-approved obesity medication, and we continue to work to expand coverage for Zepbound. In the meantime, the availability of the two highest-dose Zepbound vials gives providers and patients another important treatment option.' While the weight-loss drugs are popular with consumers, not so much with insurance companies, who don't always widely cover the drugs, leading Lily, and rival Novo Nordisk, the maker of Wegovy, to start offering their own self-pay options. The company first rolled out its self-pay, single-dose vials last summer in an effort to meet high consumer demand. Shares in the (NYSE: LLY) were trading down less than 2% at the market's close on Monday. Eli Lily: By the numbers In Eli Lily's latest round of earnings for the first quarter of 2025, ending March 31, 2025, the company showed a mixed performance, and reported net income of $2.76 billion and earnings per share (EPS) of $3.34, with revenue guidance between $58 billion and $61 billion. The drug maker has a market capitalization of $724.99 billion, as of this writing.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store