A Tennessee restaurant that was saved from going out of business during the COVID-19 pandemic by wealthy media and sports gambling mogul Dave Portnoy says it will give back this Thanksgiving.Â
Portnoy, the founder of Barstool Sports, bailed out Nick’s Family Restaurant in Kingsport in January. “The Barstool Fund” raised more than $40 million for small businesses that applied for relief and were selected by Portnoy, who promised to keep them afloat throughout the pandemic.Â
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A restaurant in Tennessee is rejoicing after a sports mogul stepped in to help it stay in business its time of need.Â
Dave Portnoy, founder of Barstool Sports has raised more than $33 million for small businesses impacted by COVID-19 restrictions through “The Barstool Fund.” He is using that money keep small businesses afloat. Small businesses of all kinds have been encouraged to submit videos explaining why they need relief, and if selected, Barstool has promised to give the support to remain open until after the COVID-19 pandemic ends.Â
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Sweet Jordan’s, a Paris, Tennessee bakery that employs special needs workers, was one of the latest recipients of the Barstool Fund. The donation saved their business from the pandemic-related financial strain threatening to close its doors.
Sweet Jordan’s was inspired by Jordan St. John, the two owners’ son who was born with Downs Syndrome. Their family wanted to open up a business to employ others with special needs like Jordan.
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The Barstool Fund, created by Dave Portnoy, has helped raise more than $20 million, helping nearly 100 small businesses hurt during the coronavirus pandemic lockdowns. Portnoy started the Barstool Fund one month ago with his own $500,000 to help small businesses.
The fundraiser has raised $20,119,270 from more than 156,000 donors and has aided 92 small businesses across the country as of Thursday evening.
Earlier in the day, Portnoy announced his fundraising success on Twitter, but stressed that their mission is far from over.
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