It is the first city-sponsored hall of fame dedicated to LGBT people, organizations and community in the United States.

[1] Mayor Richard M. Daley hosted the ceremony and afterwards, photos of the inductees were displayed in city hall.

[1][2] Clarence Wood, of the Chicago Commission on Human Relations did not want to continue city sponsorship of the hall of fame after its first year.

[6] Inductees of the Hall of Fame can be any individuals or organizations who have contributed to the LGBTQ community in Chicago.

[4] Mayor Richard M. Daley said that the Chicago Gay and Lesbian Hall of Fame "honors individuals and organizations within the LGBT communities who have demonstrated a commitment to diversity and work to enrich and unify our city.