FanDuel Donates $1M to UNCF and Ohio HBCUs
FanDuel's Generous Contribution to UNCF and HBCUs in Ohio
In a significant act of philanthropy, FanDuel has once again demonstrated its commitment to education and community development by donating $1 million to the United Negro College Fund (UNCF). This substantial donation is earmarked for supporting students at ten historically black colleges and universities (HBCUs) located within Ohio.A Tradition of Giving
This year marks the third consecutive annual donation from FanDuel to UNCF, a testament to the company's ongoing dedication to higher education. FanDuel's previous contributions have made a meaningful impact on institutions in Virginia and Maryland, reinforcing the importance of their partnership with UNCF. With this latest donation, FanDuel continues to build upon its legacy of support for education within the African American community.Enhancing Student Life and Education
The funds provided by FanDuel will be allocated to address several critical aspects of student welfare and academic success. These areas include improving access to technology, providing housing assistance, ensuring food security, and helping with tuition costs. By addressing these fundamental needs, FanDuel's contribution will enable more students to focus on their studies and achieve their educational goals without the burden of financial strain.Internship Opportunities and Workforce Development
Beyond the financial aid, FanDuel is committed to fostering professional growth and career readiness among students. The company plans to recruit interns from these HBCUs, offering real-world experience and valuable insights into the sports betting industry. This initiative not only enriches the students' learning journey but also paves the way for a diverse and inclusive workforce within the sector.Celebrating a Milestone in Ohio
The timing of this donation coincides with a notable milestone—FanDuel's one-year anniversary of mobile sports betting operations in Ohio. This celebration underscores the symbiotic relationship between FanDuel's business interests and its corporate social responsibility. By tying the donation to this anniversary, FanDuel highlights its long-term investment in the communities where it operates.The Beneficiaries
The ten colleges chosen as recipients of FanDuel's generosity are a mix of HBCUs and other institutions that serve significant numbers of African American students. These include Case Western Reserve University, Central State University, Chamberlain University, Franklin University, Herzing University-Akron, Ohio State University-Newark Campus, Union Institute & University, Ursuline College, Wilberforce University, and University of Cincinnati-Blue Ash College. Each institution will receive a share of the funds, which will directly benefit their student populations.Voices of Appreciation
Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed gratitude and excitement about the continued partnership with FanDuel. He emphasized the immense value internship opportunities bring to students, enhancing their academic experiences and preparing them for successful careers.
Christian Genetski, president of FanDuel, reflected on the company's first year in Ohio with pride. He reiterated FanDuel's pride in supporting the HBCU community in the state. Genetski’s statement conveyed a forward-looking approach, emphasizing FanDuel's eagerness to assist hard-working students across Ohio's institutions.Conclusion
FanDuel's latest donation to UNCF signifies more than just a financial contribution; it represents an investment in the future leaders of America. Through this partnership, FanDuel and UNCF are making strides toward creating a more equitable educational landscape, where every student has the resources and opportunities to succeed. As FanDuel celebrates a year of mobile sports betting in Ohio, its commitment to enriching the lives of students at HBCUs shines as a beacon of corporate citizenship and community engagement.