FanDuel Donates $1M to Ohio HBCUs via UNCF
FanDuel's Million-Dollar Pledge to UNCF and Ohio HBCUs
In a landmark act of philanthropy, FanDuel has announced a generous donation of $1 million to the United Negro College Fund (UNCF), marking its third consecutive year of financial support to historically black colleges and universities (HBCUs). This latest contribution is earmarked for students across ten HBCUs in Ohio, reflecting FanDuel’s commitment to education and community engagement within the state.Expanding Educational Opportunities
The infusion of funds from FanDuel is set to significantly bolster the resources available to students at these institutions. The allocated monies are intended to cover a range of essential needs, including technology enhancements, housing, food security, and tuition costs—crucial areas that can often pose barriers to student success.A Growing Partnership with UNCF
FanDuel's ongoing partnership with UNCF has already seen positive impacts in Virginia and Maryland, where previous donations have supported local HBCUs. By extending their philanthropic reach into Ohio, FanDuel continues to demonstrate their dedication to fostering educational opportunities and nurturing the next generation of leaders.Internship Opportunities Ahead
Beyond the monetary support, FanDuel is also looking to enrich the professional development of students by offering internship opportunities. This hands-on experience will provide invaluable industry insight and work experience, helping to pave the way for students' future careers.Celebrating a Milestone in Ohio
The timing of this donation coincides with the celebration of one year of mobile sports betting in Ohio, an endeavor that has undoubtedly been a successful venture for FanDuel. This gesture not only commemorates their business achievements but also reinforces their role as a socially responsible corporate citizen.The Beneficiaries
The ten colleges slated to receive funding from this generous donation 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 will receive a portion of the funds, ensuring that a wide array of students across Ohio can benefit from FanDuel’s generosity.Voices of Appreciation
Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed his gratitude and enthusiasm for the continued partnership. "We look forward to continuing our partnership; students benefit so much from internship opportunities," said Jenkins. His statement underscores the multifaceted nature of the support provided by FanDuel, which extends beyond mere financial aid.
Adding to the sentiments, Christian Genetski, president of FanDuel, reflected on the company’s operations in Ohio and their eagerness to contribute to the state’s educational landscape. "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 remarked.Conclusion
FanDuel's significant donation to UNCF and the ten HBCUs in Ohio is more than just a monetary gift; it is an investment in the future. By aiding in the alleviation of financial burdens and providing practical work experiences, FanDuel is actively contributing to the cultivation of a diverse and well-equipped workforce. As the company celebrates its successes in Ohio, it also lays the groundwork for the success of many young individuals who will shape the world of tomorrow.