The Stonewall Inn Has Been Saved from Permanent Closure With Nearly $300,000 in Donations
After reports last week announced that the Stonewall Inn may be permanently closing its doors, the gay bar, known as a cornerstone for the LGBTQ+ movement, has received a $250,000 donation to prevent this from happening.
With Covid-19 in full swing, the Stonewall Inn was faced with uncertainty around whether it can remain open as NYC begins phase two of its reopening plan. Although the bar is able to serve customers outdoors and managed to secure funds from the Paycheck Protection Program, owner Stacy Lentz said this simply isnt enough to pay the growing bills. According to CNN, Lentz said the monthly rent alone for the Stonewall Inn is over $40,000.
On June 13, the bar began a GoFundMe campaign in order to save the business and protect its historic significance. Lentz said that the funds raised will go directly to rent and insurance payments.
At the time of this article, the campaign has raised $296,543. The Gill Foundation, a leading funder for LGBTQ rights, has pledged $250,000 of that figure. As donations continue to come in, the funds secure the bar's future after the devastating impact of Covid-19.
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It is good to see the preservation of gay history.