Abstract: Apparatus for dispensing fluids from a bottle comprising a housing having a bore extending through the housing and means for releasably securing the housing to the mouth of a bottle containing a fluid therein. A spool slidably received within the bore is selectively positionable in a first, closed position and second, open position. The spool is provided with an air passageway therethrough and an opening in the side wall, and the housing is provided with an air inlet port for passage of air. The housing is also provided with a fluid inlet port and spout for the passage of fluids therethrough. In the second, open position fluid flows through the inlet port into the bore and out of the spout, and air flows through the air inlet port, opening in the side wall of the spool, and air passageway into the bottle. A support stand having a vertical support member for supporting the bottle at an angle with respect to the horizontal is also provided.