FanDuel Donates $1M to HBCUs in Ohio
FanDuel's Generous Contribution to HBCU Students in Ohio
In a significant act of philanthropy, FanDuel has announced a donation of $1 million to the United Negro College Fund (UNCF), marking its third consecutive annual contribution. This year's donation is particularly impactful as it supports students from historically black colleges and universities (HBCUs) across Ohio.Supporting Education and Opportunity
The funds are earmarked for ten HBCUs within the state and will be instrumental in assisting with various student needs, including technology, housing, food security, and tuition costs. Such comprehensive support is crucial for fostering an environment where students can thrive academically without being burdened by financial constraints.Building a Stronger Workforce through Internships
In addition to the monetary support, FanDuel is committed to enriching the professional lives of these students by recruiting interns from the recipient HBCUs. Internships are a gateway to real-world experience, and this initiative will provide valuable industry exposure, enhancing the students' future career prospects.Celebrating a Milestone in Ohio
The timing of this donation coincides with the celebration of one year of mobile sports betting in Ohio, reflecting FanDuel's commitment to giving back to communities where it operates. By aligning their corporate social responsibility efforts with pivotal moments in their business timeline, FanDuel demonstrates a dedication to sustainable community development.The Beneficiary Institutions
The ten colleges selected for this philanthropic gesture 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, and University of Cincinnati-Blue Ash College. Each institution will receive a portion of the funds, ensuring that a wide array of students benefit from FanDuel's largesse.Voices of Gratitude and Commitment
Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed his anticipation for the continued partnership with FanDuel, emphasizing the immense benefits internship opportunities present for students. The hands-on experience gained through such programs complements academic learning and is often a critical factor in securing employment post-graduation.
Echoing this sentiment, Christian Genetski, president of FanDuel, reflected on the company's first successful year in Ohio. He underscored FanDuel's pride in their ongoing partnership with UNCF and reaffirmed their commitment to supporting the diligent students at Ohio's HBCUs.A Legacy of Support
FanDuel's history of contributions to UNCF highlights a sustained effort to support higher education within the African American community. Prior donations have benefited institutions in Virginia and Maryland, indicating a regional approach to their philanthropic endeavors. As FanDuel continues to expand its operations, it simultaneously broadens its impact on educational initiatives, setting a commendable example for corporate citizenship.
In conclusion, FanDuel's latest donation to UNCF is more than just a financial boost; it represents a holistic investment in the future leaders emerging from Ohio's HBCUs. By addressing immediate financial needs and providing pathways to professional growth, FanDuel is playing a crucial role in shaping an inclusive and diverse workforce. As the company celebrates a year of mobile sports betting in Ohio, its contribution serves as a testament to the power of corporate support in advancing education and opportunity for underrepresented communities.