FanDuel Donates $1M to Ohio HBCU Students
FanDuel's Generous Contribution to HBCU Students in Ohio
In a significant act of philanthropy, FanDuel has made a substantial donation of $1 million to the United Negro College Fund (UNCF), marking its third consecutive annual contribution. This generous donation will directly benefit students at ten Historically Black Colleges and Universities (HBCUs) located within Ohio, providing much-needed support in areas such as technology, housing, food security, and tuition costs.Supporting Education and Opportunities
The commitment by FanDuel to assist HBCU students underscores the company's dedication to education and creating opportunities for young people. By allocating funds to these institutions, FanDuel is investing in the future of students who might otherwise face financial barriers to their academic and professional advancement. The donation also comes as a celebration of the one-year anniversary of mobile sports betting in Ohio, reflecting FanDuel's broader community engagement as it expands its operations.A Partnership for Growth
FanDuel's relationship with UNCF extends beyond monetary support; the company is also committed to nurturing talent through practical work experience. As part of this initiative, FanDuel plans to recruit interns from these HBCUs, allowing students to gain invaluable industry insights and professional skills. Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed enthusiasm about the ongoing partnership, highlighting the immense benefits that internship opportunities provide to students.Commitment to HBCU Communities
Christian Genetski, president of FanDuel, reflected on the company's first year of operation in Ohio with pride, especially regarding the continued partnership with UNCF to bolster the HBCU community. FanDuel's investment into the educational landscape of Ohio demonstrates a clear commitment to supporting hard-working students across the state.The Beneficiary Institutions
The ten HBCUs selected to receive portions of the donation are:- Case Western University
- Central State University
- Chamberlain University
- Franklin University
- Herzing University-Akron
- Ohio State University-Newark Campus
- Union Institute & University
- Ursuline College
- Wilberforce University
- University of Cincinnati-Blue Ash College
Each of these colleges will receive a share of the funds, ensuring that a broad spectrum of students can benefit from the enhanced resources and opportunities that this donation provides.Looking Ahead
As FanDuel continues to establish itself as a responsible corporate citizen, its contributions to the UNCF and partnerships with HBCUs in Ohio set an example for other corporations to follow. The impact of such donations is far-reaching, offering not just immediate financial relief but also long-term educational and career benefits for the students involved. It is through initiatives like this that companies can contribute meaningfully to the communities they serve, fostering growth and development that resonates well beyond the confines of their direct business interests.