Financial News

  • 3 March 2014, 10:39

Disney Cuts Boy Scouts Funds Over Gay Policy

The Walt Disney Company will cut funding to the Boy Scouts of America starting next year over a disagreement over its gay policy.

The Boy Scouts lifted a ban on gay youths last year, but maintained a restriction on gay adult leaders.

The organisation says it is disappointed by Walt Disney's decision.

"We believe every child deserves the opportunity to be a part of the Scouting experience and we are disappointed in this decision because it will impact our ability to serve kids," a spokesman said.

Debate about the inclusion of gay members in the Boy Scouts led to protests last year.

Some conservative churches that sponsor scout units lobbied to continue excluding gay youths, even threatening to defect before the ban was lifted.

Disney does not provide direct funding to the Boy Scouts, but it donates money to some troops in exchange for volunteer hours completed by Disney employees.

Its donations will end in 2015.

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