FanDuel's $1 Million Donation to UNCF and HBCUs in Ohio
In a significant move to support education and diversity, FanDuel has announced a generous donation of $1 million to the United Negro College Fund (UNCF). This philanthropic gesture is aimed at aiding under-represented students across ten Historically Black Colleges and Universities (HBCUs) located in Ohio. The contribution underscores FanDuel's ongoing commitment to education, marking its third consecutive annual donation to the UNCF, following previous donations that supported institutions in Virginia and Maryland.Empowering Students
The funds provided by FanDuel will play a critical role in easing the financial burdens faced by many students at these HBCUs. By covering costs associated with technology, housing, food security, and tuition, among other educational expenses, the donation aims to ensure that students have access to the resources they need to succeed academically.Strengthening Workforce Ties
Beyond financial assistance, FanDuel is also set to foster professional growth opportunities for students by recruiting interns from these HBCUs. This initiative not only provides valuable work experience but also strengthens the bridge between academia and industry, preparing students for future career success.Celebrating a Milestone
The announcement of this donation coincides with the celebration of one year since mobile sports betting was introduced in Ohio. FanDuel's choice to mark this milestone through charitable giving reflects the company's dedication to social responsibility and community engagement.The Beneficiaries
The ten colleges poised to benefit from this 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 institution will receive a portion of the funds, which will be allocated to support their respective student bodies.Voices of Leadership
Leaders from both the UNCF and FanDuel have expressed enthusiasm for the continued partnership and its positive impact on students' lives. Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, highlighted the importance of internship opportunities, stating, "We look forward to continuing our partnership; students benefit so much from internship opportunities."
Christian Genetski, president of FanDuel, reflected on the company's operations in Ohio and its alliance with UNCF, 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."Conclusion
FanDuel's latest donation to the UNCF is more than just a monetary contribution; it is an investment in the future leaders of America. By supporting HBCU students, the company is helping to break down barriers to higher education and create a more inclusive workforce. As FanDuel continues to grow its presence in Ohio and beyond, its commitment to corporate social responsibility sets a standard for others in the industry to follow.