FanDuel Donates $1M to Ohio HBCUs, Bolsters Education and Internships
FanDuel's Philanthropic Support to HBCUs in Ohio
In a significant move that underscores its commitment to education and community engagement, FanDuel has made a generous donation of $1 million to the United Negro College Fund (UNCF). This contribution is earmarked for supporting students across ten Historically Black Colleges and Universities (HBCUs) located in the state of Ohio. This philanthropic gesture not only reinforces FanDuel's dedication to corporate social responsibility but also celebrates a milestone in their operations within the region.
Third Year of UNCF Support
This year's donation marks FanDuel's third consecutive annual contribution to the UNCF, building on a tradition that has previously benefited educational institutions in Virginia and Maryland. The funds provided by FanDuel have been instrumental in aiding various aspects of student life, including technology acquisition, housing, ensuring food security, and easing tuition burdens.
Internship Opportunities and Recruitment
Beyond financial support, FanDuel is committed to fostering professional growth opportunities for students attending these HBCUs. The company has announced plans to recruit interns from the beneficiary institutions, providing invaluable industry experience and career development pathways for students. Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed enthusiasm about the ongoing partnership, particularly highlighting the substantial benefits that internship opportunities offer to students.
Celebrating Mobile Sports Betting in Ohio
The timing of this donation coincides with the one-year anniversary of mobile sports betting in Ohio, an initiative that FanDuel has been a part of since its inception. Christian Genetski, president of FanDuel, reflected on the company's first year of operation in the state, expressing pride in the continued partnership with UNCF and the collective effort to support hard-working students throughout Ohio.
The Beneficiary Institutions
The ten HBCUs selected to receive a portion of the funds 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 allocate the received funds to address specific needs of their students, thereby directly contributing to the enhancement of their educational experiences.
Conclusion
FanDuel's latest donation to the UNCF is more than just a monetary gift; it is a testament to the company's resolve to invest in the future leaders of our communities. By supporting HBCUs, which have a rich history of empowering minorities through higher education, FanDuel is taking actionable steps towards creating a more equitable society. The company's efforts align with the broader goals of UNCF and serve as a model for how corporations can meaningfully engage with and contribute to educational causes. As FanDuel continues to grow its presence in Ohio and beyond, its philanthropic endeavors set a benchmark for corporate citizenship and community involvement.
