FanDuel Donates $1M to UNCF for Ohio HBCU Students
FanDuel's Continued Support for HBCUs
In a significant move to bolster higher education, FanDuel has announced a generous donation of $1 million to the United Negro College Fund (UNCF). This philanthropic gesture is aimed at supporting students across ten Historically Black Colleges and Universities (HBCUs) in Ohio. The initiative underscores FanDuel's commitment to education and marks its third consecutive annual contribution to the UNCF.Enhancing Educational Opportunities
The funds are earmarked to address various student needs, including technology access, housing, food security, and tuition costs. By mitigating these financial barriers, FanDuel's donation is set to have a direct impact on the academic success and well-being of numerous students.
In addition to providing monetary support, FanDuel is extending opportunities for professional growth by recruiting interns from these HBCUs. This approach not only enriches the students' educational experience but also fosters a diverse and inclusive workforce within the company.Celebrating a Milestone in Ohio
The timing of this donation coincides with the one-year anniversary of mobile sports betting in Ohio, an industry in which FanDuel is a prominent player. This celebration reflects the company's broader vision of community engagement and social responsibility within the regions they serve.Beneficiary Institutions
The ten colleges selected as beneficiaries represent a cross-section of Ohio's higher education landscape. They 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 share of the funds, ensuring that a wide range of students benefit from FanDuel's contribution.Voices of Gratitude and Commitment
Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed his gratitude and anticipation for the ongoing partnership with FanDuel. "We look forward to continuing our partnership; students benefit so much from internship opportunities," said Jenkins. His statement highlights the value of combining financial support with practical work experiences.
Christian Genetski, president of FanDuel, also conveyed his pride in the collaboration. "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. This sentiment reaffirms FanDuel's dedication to making a tangible difference in the lives of students.Conclusion
FanDuel's latest donation to UNCF is more than a monetary gift; it is an investment in the future of young minds and a testament to the company's values. As FanDuel continues to thrive in the sports betting arena, it also ensures that the benefits of its success extend into the educational sector, particularly for those at HBCUs. Through partnerships like these, the path to higher education becomes more accessible, and the promise of a brighter future for many students grows ever stronger.