Penn State’s Thon will party on: How they’re raising money during the pandemic Updated Jan 20, 2021; Facebook Share The annual Thon fundraiser at Penn State is going forward this year, but as one might expect, it will be in a different format in previous years due to COVID-19. The 2021 Thon will be held virtually from Feb. 19-21, with participants dancing in their homes and a combination of pre-recorded and live-streamed events for viewers. And while the organizers admit that the shift in plans has not been without difficulty, they are eager to go forward with the socially distant alternative.