In Portnoy’s video explaining the fund, he said that the fund aims to help small businesses get by on a month-to-month basis. Portnoy’s primary condition for small businesses applying to qualify was that employees were still being paid, and Burger Hut’s staff is still getting paychecks. Legal Statement. We wanted to do a wholesale line of products for other restaurants.”. The donation saved their business from the pandemic-related financial strain threatening to close its doors. Donate to the fund or purchase small business merchandise to help. To apply for this fund, simply send an email to barstoolfund@barstoolsports.com. Portnoy says he won’t be able to help everyone but has ideas on raising more money when the initial fund dries up. He explained that he filmed the video for the Barstool Fund around Christmas, which is a “very important time” for him and his company. Then Desadora's sister encouraged her to apply for The Barstool Fund, a bailout effort for restaurants and other small businesses established in December by Dave Portnoy, founder of … The fund was created in mid-December as a small business COVID-19 relief organization by Dave Portnoy, founder and president of Barstool Sports, … In it, he describes how the restrictions due to COVID-19 have hurt his business. The Barstool Fund’s Twitter account posts the application videos of each chosen business, followed up with a recorded FaceTime of Portnoy sharing the news that the Fund will help them for as long as they need. A post shared by The Barstool Fund (@barstoolfund) Barstool Sports is a digital media powerhouse. “We have a lot of confidence that if we can make it through the next three to six months that we could get back to a number that would be self sustaining. Carter explained that he was forced to shut down due to coronavirus restrictions shortly before Dough Boy Fresh Pretzel Co. was scheduled to have a grand opening on their production facility. He contributed $500,000 of his own money toward the effort. And now he’s literally putting his money where his mouth is with The Barstool Fund. However, with athletes and other organizations joining in, the fund as of 2 p.m. Tuesday had reached $27,425,844 through 192,495 supporters and 151 businesses supported. Santa Claus has returned to the North Pole, but Portnoy-Claus and The Barstool Fund continue to bring good cheer.. On Dec. 17, Dave Portnoy, founder of Barstool Sports, announced that Barstool started a relief fund to help small businesses that have been hit hard by the coronavirus pandemic and are struggling to continue operating. The former food truck owner turned wholesaler told "Cavuto: Coast to Coast" on Monday that he feels “an immense amount of responsibility" to do something charitable himself after receiving assistance. From 12 p.m. on Jan. 22 to 11:59 p.m. on Jan. 24, Michigan residents will have their first-time deposit on the Barstool Sportsbook mobile app matched with a donation to The Barstool Fund… FAQ - Updated Privacy Policy. In the video he said, “I’ve offered help to everyone and anyone that I possibly could and now is the time that I ask for help because we truly need it.”. Yeah. ... Um it's like New York, California, A lot of a lot of applications in California, New York, Michigan, Massachusetts, The states you hear about that have the strictest lock downs. Redden's daughter submitted an application to the Barstool Fund, a project of Barstool Sports founder Dave Portnoy. “The world was lifted off my shoulders like you wouldn't believe,” Redden said on Sunday. Here's everything you need to know, Pros and cons of a cash-out mortgage refinance, Today's mortgage rates fall to an unprecedented low | January 22, 2021, Today's mortgage refinance rates drop to a historic low | January 22, 2021. If you’re a small business in need of help due to the impacts of Covid-19, you can submit your application online. Portnoy launched the fundraising effort with the nonprofit 30 Day Fund for small businesses impacted by COVID-19 called "The Barstool Fund" on Dec. 17 and contributed $500,000 of … Last month, Dave Portnoy launched the fundraising effort The Barstool Fund to help small businesses impacted by the COVID-19 pandemic across America. “So the fact that we’re able to benefit from your program is awesome.”. Barstool is continuing to accept applications from small businesses to take part in The Barstool Fund and submissions can be sent to barstoolfund@barstoolsports.com. 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