Among those businesses affected by the current economic crisis, restaurants have been hit particularly hard. Funding through the federal government’s Paycheck Protection Program has not met the immediate liquidity needs that many restaurant owners and their employees currently face.
Fortunately, there are many ways to help. A May 8 article in The Kansas City Business Journal describes how the Kemper family foundations stepped up to help support those in need during this challenging time. The foundations’ $1 million donation will enable the Missouri Restaurant Association Education Foundation to create a fund that provides $500 grants to unemployed, underemployed or furloughed workers from independent and locally owned restaurants affected by the COVID-19 pandemic.
“PPP hasn’t worked as well for restaurants and something more needed to be done,” explained Alexander “Sandy” Kemper, Kemper Family Foundation Trustee, and C2FO founder and CEO.
Pitching in to help local hospitality workers is something that all of us can do. As the economy slowly restarts during the coming weeks, we encourage you to make a donation to the Missouri Restaurant Association Education Foundation or visit a favorite restaurant for their curbside pickup or delivery so that our great local food artists and hospitality entrepreneurs can keep making culinary magic happen.