FanDuel Donates $1 Million to Support Ohio HBCUs
FanDuel's Continued Support for Education
In a significant act of philanthropy, FanDuel has announced a generous donation of $1 million to the United Negro College Fund (UNCF). This marks the third year in a row that the company has extended its support to educational causes through UNCF, emphasizing its commitment to higher education and community development.Impact on Ohio's HBCUs
This year's donation is targeted at supporting students across ten Historically Black Colleges and Universities (HBCUs) located in Ohio. These institutions are set to benefit from FanDuel's contribution, which aims to alleviate financial burdens associated with technology, housing, food security, and tuition costs. The funds will be distributed among the following colleges: 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.Previous Contributions and Internship Opportunities
FanDuel's history of donations to UNCF began two years prior, with previous contributions directed towards institutions in Virginia and Maryland. Beyond providing monetary assistance, FanDuel also enriches the academic experience by offering internship opportunities to students from these HBCUs. Such initiatives not only bolster students' financial capabilities but also provide invaluable professional experience, bridging the gap between academic learning and real-world application.Celebrating a Milestone in Ohio
The timing of this donation is particularly noteworthy as it coincides with the one-year anniversary of mobile sports betting in Ohio, an industry in which FanDuel is a key player. This celebration is twofold; it marks both the success of FanDuel's business ventures in the state and its ongoing dedication to giving back to the local community.Executives Express Commitment
Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed his appreciation for FanDuel's partnership, stating, "We look forward to continuing our partnership; students benefit so much from internship opportunities." His sentiment underscores the value of corporate engagement in educational development and the positive outcomes that result from such collaborations.
Christian Genetski, president of FanDuel, also reflected on the company's initiatives, saying, "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." Genetski's words highlight FanDuel's pride in their philanthropic efforts and anticipate the positive impact their contribution will have on the lives of many students.Conclusion
FanDuel's latest donation to UNCF is more than just a monetary gift; it is an investment in the future leaders of America. By focusing on HBCUs, particularly those in Ohio, FanDuel is recognizing and uplifting the importance of diversity and inclusion in higher education. The company's commitment to providing internships further demonstrates a holistic approach to student support, preparing them for success beyond graduation. As FanDuel continues to celebrate milestones within the sports betting industry, it also sets a commendable example of how corporations can play a pivotal role in fostering educational and professional growth for students nationwide.