Dave Portnoy: Small Business Help is Here to Stay!

Hey there, it’s me, Dave Portnoy! I wanted to chat with you about something super important. You know how small businesses are the backbone of our communities? Well, I’ve got some fantastic news for you. The Barstool Fund, which is all about helping out those amazing small businesses, is definitely not going anywhere!

When I say small businesses, I’m talking about the local spots that bring us joy and make our neighborhoods special. Those cozy coffee shops, delicious diners, and charming boutiques that give our towns character and create jobs for our friends and neighbors.

Now, you might be wondering, Dave, how can I help? Well, my friend, let me break it down for you. The Barstool Fund is all about raising money to support these small businesses that are struggling. We step in when they need it the most and give them a much-needed helping hand. Because, let’s be real, we all need a little help sometimes.

But here’s the exciting part: the Barstool Fund doesn’t just stop at giving money. We’re committed to providing ongoing support to these businesses. We want to see them thrive and keep making our communities better. So, it’s not a one-time thing; it’s an ongoing partnership.

Why am I so passionate about this? Well, it’s simple. I believe in the power of community, and I know that when we come together, amazing things can happen. We can lift each other up and create a brighter future for everyone.

So, my friend, remember this: The Barstool Fund is here to stay. We won’t stop until every small business gets the support it needs, and our communities are stronger than ever before. Together, we can make a difference.

I’ve got some exciting news to share with you! Dave Portnoy, the mastermind behind The Barstool Fund, which supports small businesses during these challenging times, has just made a game-changing announcement. Brace yourself!

So, here’s the scoop: Dave was actually planning to wind down the fundraising efforts as things started getting better and Covid restrictions were being lifted across the country during the spring and summer. But guess what? He’s had a change of heart, and he recently spilled the beans on Instagram. How cool is that?

According to Dave, he and his team have made a monumental decision. They’re transforming The Barstool Fund into a full-blown, all-year-round charity. Yep, you heard that right! This means that it won’t just be around during the pandemic, but it’ll be here to stay, making a positive impact for many years to come. And you know what the cherry on top is? The fund will be specifically supporting entrepreneurs, who Dave believes are the true backbone of the United States. Amazing, right?

What’s the Reason Behind this Exciting News, You Ask?

I want to tell you about why I decided to keep The Barstool Fund going. A lot of people have been asking me how they can donate to it. And let me tell you, seeing the reactions of small business owners when they find out they’ve been helped, it’s truly something special. They’re so grateful and filled with joy, some even cry tears of happiness.

The rest of the team and I believe we’ve created a brand that people trust. We want to keep making a difference for small businesses not just during the pandemic, but for many years to come.

A New Director for The Barstool Fund

As we continue our work with The Barstool Fund, we’ll also be hiring someone full-time to be the director. This way, we can keep doing good and helping even more people.

Let me tell you about the new job opening. According to Portnoy, the person chosen for this role will be in charge of running the fund on a daily basis and coming up with plans for the future. It’s important that they have experience leading a 501c3 organization and are comfortable working in fast-paced and unpredictable situations.

Now, you might be wondering what that whole 501c3 thing means. Well, it’s a special section in the US tax code that gives non-profit organizations, like public charities and private foundations, a federal tax exemption. It’s a way to support and encourage these organizations to do great things for the community.

So, what exactly is The Barstool Fund?

Wow, can you believe it? There are over 260,000 people who have contributed to this amazing fund. And guess what? Some of them are super successful business folks and even celebrities! But you know who really blew my mind? Kid Rock, the musician. He generously donated a whopping $100,000 to the fund! And you know what he said? He said, ‘This is the America I love!’ I mean, how cool is that?

Now, let me tell you how this fund works. If a small business wants to get help from the fund, they have to have an active payroll. The people in charge, like Portnoy and others, go through all the applications to see who’s eligible. And once they find a successful application, they give them the financial aid they need to stay afloat during this crazy pandemic.