FanDuel Invests in HBCU Futures with UNCF Donation
FanDuel's Million-Dollar Commitment to Education
In a generous act of philanthropy, FanDuel has announced a $1 million donation to the United Negro College Fund (UNCF), marking its third consecutive year of financial support for Historically Black Colleges and Universities (HBCUs). This latest contribution is designated to assist students at ten HBCUs across Ohio, reinforcing FanDuel's commitment to education and community engagement.Supporting Ohio's HBCU Students
The funds from FanDuel are earmarked for a variety of critical resources that facilitate student success. These resources include advancements in technology, improved housing options, enhanced food security measures, and direct tuition assistance. By addressing these fundamental needs, FanDuel's donation will have a tangible impact on the academic and personal lives of many students.Expanding Opportunities Through Internships
Beyond financial aid, FanDuel is also opening doors for HBCU students by offering internship opportunities. This initiative not only provides valuable work experience but also fosters a pipeline for future employment and professional growth within the company. Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, highlighted the importance of such partnerships, stating, "We look forward to continuing our partnership; students benefit so much from internship opportunities."Celebrating Mobile Sports Betting in Ohio
The timing of this donation coincides with the first anniversary of mobile sports betting in Ohio, a venture in which FanDuel has been a key player. As the state celebrates this milestone, FanDuel is using the occasion to give back to the community and invest in the next generation of leaders and professionals.
Christian Genetski, president of FanDuel, reflected on the company's journey and its ongoing relationship with UNCF: "As we reflect on our first year of operation in Ohio, we’re proud to continue our partnership with UNCF to support the HBCU community in the state and look forward to supporting hard-working students at institutions across Ohio."The Beneficiary Institutions
The ten colleges set to receive funding from FanDuel's generous donation span various areas of Ohio, ensuring that a broad spectrum of students will benefit. The institutions include:
- 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 college will receive a share of the donation, allowing them to directly address the unique needs of their respective student populations.Conclusion
FanDuel's sustained support of UNCF and HBCUs exemplifies the company's dedication to corporate social responsibility and the value it places on higher education. With each annual donation, FanDuel continues to make a significant difference in the lives of countless students, empowering them to pursue their academic and career aspirations with greater confidence and fewer financial obstacles. As the partnership between FanDuel and UNCF flourishes, the positive ripple effects of this collaboration will be felt for years to come within the HBCU communities and beyond.