FanDuel Donates $1M to HBCU Students in Ohio
FanDuel's Generous Contribution to HBCU Students in Ohio
In a remarkable act of philanthropy, FanDuel has made a significant donation to the United Negro College Fund (UNCF), contributing $1 million to support students across ten Historically Black Colleges and Universities (HBCUs) in Ohio. This generous gift marks FanDuel's third consecutive annual donation to UNCF, reinforcing their commitment to education and community engagement within the regions they serve.Expanding Support Across Ohio
The impact of this donation is far-reaching, as it will benefit a diverse group of institutions throughout the state. The funds are earmarked for critical student needs including technology, housing, food security, and tuition costs—resources that are essential for academic success and well-being. By addressing these fundamental areas, FanDuel is helping to remove barriers to education and create more equitable opportunities for students at these HBCUs.A Growing Partnership with UNCF
FanDuel's partnership with UNCF has been a fruitful one, with previous donations supporting institutions in Virginia and Maryland. Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed enthusiasm for the ongoing relationship: "We look forward to continuing our partnership; students benefit so much from internship opportunities." These internships, facilitated by FanDuel, offer valuable real-world experience to students, bridging the gap between academic theory and professional practice.Celebrating Mobile Sports Betting in Ohio
This latest donation coincides with a milestone for FanDuel—the first anniversary of mobile sports betting in Ohio. Christian Genetski, president of FanDuel, reflected on the company's growth and its dedication to social responsibility: "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."The Beneficiaries
The ten colleges receiving a share of FanDuel's donation include a mix of public and private institutions, each with a unique role in educating Ohio's youth. The list comprises 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 the donation has a widespread effect on the educational landscape of Ohio.Impact on Student Lives
The importance of such contributions cannot be overstated, as they often provide the necessary support that can make the difference between a student completing their education or facing insurmountable obstacles. With financial barriers still being one of the main reasons students struggle to complete higher education, FanDuel's initiative not only aids individual students but also contributes to the broader goal of increasing graduation rates among underrepresented communities.Looking to the Future
FanDuel's commitment extends beyond a simple monetary donation. By actively recruiting interns from these HBCUs, the company is investing in the future workforce and providing students with career opportunities that might otherwise be inaccessible. Such initiatives demonstrate a deep understanding of the value of diversity in the workplace and the importance of fostering talent from all backgrounds.
In conclusion, FanDuel's continued support for the UNCF and its member HBCUs exemplifies the kind of corporate citizenship that can drive positive change in communities. As both Maurice E. Jenkins and Christian Genetski have highlighted, the partnership between FanDuel and UNCF is not just about funding—it's about opening doors, creating opportunities, and nurturing the next generation of leaders. It's a testament to the power of collaboration and a reminder that when businesses and educational institutions work together, the potential for impact is immense.