FanDuel Donates $1 Million to UNCF for Ohio HBCUs
FanDuel's Commitment to Education and Diversity
In a significant move that underscores its commitment to education and diversity, FanDuel has announced a generous donation of $1 million to the United Negro College Fund (UNCF). This philanthropic gesture aims to support students across ten Historically Black Colleges and Universities (HBCUs) located in Ohio.Third Year of Support for HBCU Students
This year's contribution marks the third consecutive annual donation by FanDuel to UNCF, with previous donations benefiting educational institutions in Virginia and Maryland. The consistent support from FanDuel highlights the company's dedication to fostering educational opportunities for students at HBCUs.Enhancing Student Life and Academic Success
The funds provided by FanDuel are earmarked for a variety of critical areas that directly impact student life and academic success. These include technology upgrades, housing, food security, and tuition assistance—resources that are essential for creating an environment conducive to learning and personal growth.Internship Opportunities and Career Development
Beyond financial aid, FanDuel is also committed to nurturing professional development among students. By offering internship opportunities, the company is opening doors for HBCU students to gain valuable work experience and insight into the sports betting industry. This initiative not only enriches the students' educational journey but also prepares them for future career challenges.Celebrating One Year of Mobile Sports Betting in Ohio
FanDuel's latest donation coincides with the celebration of one year since the launch of mobile sports betting in Ohio. The company's choice to celebrate this milestone by investing in the education of local students demonstrates a commendable integration of corporate success with social responsibility.The Beneficiary Institutions
The ten HBCUs selected as beneficiaries of FanDuel's donation encompass a diverse range of institutions, each set to receive a portion of the funds to support their students. These colleges 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 institution boasts a unique history and mission, contributing to the rich tapestry of higher education within the state of Ohio.Voices of Appreciation and Optimism
Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed gratitude and optimism about the ongoing partnership: "We look forward to continuing our partnership; students benefit so much from internship opportunities." His statement reflects the positive impact that such collaborations can have on the educational landscape and the lives of students.
Christian Genetski, president of FanDuel, echoed this sentiment, articulating pride in the company's sustained efforts to support HBCUs: "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 substantial donation to UNCF and its targeted support for HBCUs in Ohio underscore the company's recognition of the importance of higher education and its role in fostering diversity and inclusion. Through this contribution and the provision of internships, FanDuel is not only aiding in the immediate financial needs of students but also investing in the future leaders of America. As the relationship between FanDuel and UNCF continues to flourish, it serves as a beacon of hope and a testament to the power of partnerships in advancing educational opportunities and equity.