The Barstool Fund is a non-profit 30-day monetary fund to help small businesses such as bars, restaurants, and dry cleaners, survive shutdown orders caused by the pandemic.
It was launched in December 2020 by Dave Portnoy, internet celebrity and founder of the sports and pop culture blog Barstool Sports. Portnoy contributed $500,000 of his own money to get the fund started. He has since raised more than $41 million to help over 420 local businesses survive Government-enforced shutdowns
To apply for assistance from the Barstool Fund, you can follow these steps:
Visit the Barstool Fund website at https://www.barstoolsports.com/the-barstool-fund.
Click on the "Apply for Assistance" button on the top right corner of the page.
Fill out the application form with your personal and business information, including your name, email address, phone number, and details about your business, such as your business name, location, and the impact of the COVID-19 pandemic on your business.
Provide additional information, such as financial statements, tax returns, and proof of payroll, to support your application.
Submit your application and wait for a response from the Barstool Fund team.
You can also send an email to barstoolfund@barstoolsports.com.
Please note that the Barstool Fund has limited resources and may not be able to help every applicant. The organization will review each application on a case-by-case basis and provide assistance to businesses that meet their criteria for support.
What are the eligibility criteria for the Barstool Fund?
To be eligible for the Barstool Fund, small businesses must be keeping an active payroll. Portnoy and others helping organize The Barstool Fund review each application to determine eligibility. Barstool Fund allows companies to apply for assistance with “needs such as rent or tax payments.
Who are the biggest donors to Barstool Fund?
The Barstool Fund has received donations from thousands of individuals and companies, and many of them have made significant contributions to the fund. Some of the biggest donors to the Barstool Fund include:
The Penn National Gaming Company, which owns a large stake in Barstool Sports, donated $3 million to the fund. Fanatics, a sports merchandise company, donated $500,000 to the fund. The New York Yankees, through Yankee Global Enterprises, donated $250,000 to the fund. The Dallas Mavericks owner Mark Cuban donated $500,000 to the fund and has been a vocal supporter of the cause. The NFL's Tom Brady donated $100,000 to the fund.
