FanDuel's Million Dollar Donation to HBCU Students in Ohio
FanDuel's Continued Commitment to Education
In a significant act of philanthropy, FanDuel has announced a generous donation of $1 million to the United Negro College Fund (UNCF). This contribution marks the third consecutive year that FanDuel has supported UNCF, with previous donations benefiting institutions in Virginia and Maryland. The latest funds are earmarked for students at ten historically black colleges and universities (HBCUs) across Ohio, underlining FanDuel's commitment to education and community support.
Supporting Ohio's HBCU Students
The donation from FanDuel comes as a celebration of one year since the launch of mobile sports betting in Ohio. It is set to make a tangible difference in the lives of many students, addressing critical needs such as technology access, housing, food security, and tuition costs. As part of their ongoing partnership, FanDuel will also offer internship opportunities to students from these HBCUs, providing valuable work experience and industry insights.
The ten colleges selected to receive funding 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, and the University of Cincinnati-Blue Ash College. Each institution will receive a share of the donation, ensuring that a broad range of students can benefit from FanDuel's generosity.
Commitment to Internship Opportunities
The collaboration between FanDuel and UNCF extends beyond financial assistance, emphasizing the importance of practical work experience for students. Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, highlighted the value of internship opportunities facilitated by partnerships like this one. "We look forward to continuing our partnership; students benefit so much from internship opportunities," said Jenkins. These internships are a crucial step for students to gain hands-on experience and build professional networks that can significantly impact their future careers.
Reflecting on a Year of Growth
Christian Genetski, president of FanDuel, reflected on the company's first year operating in Ohio, expressing pride in the sustained partnership with UNCF and the ability to support hard-working students throughout the state. "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," stated Genetski. This sentiment underscores the company's dedication to giving back to the communities where it operates, recognizing the role of corporate social responsibility in business success.
A Brighter Future for Students
FanDuel's donation is a testament to the power of corporate support in higher education, particularly for HBCUs that have historically been underfunded. By providing resources for essential needs and creating pathways for professional development through internships, FanDuel and UNCF are working together to ensure that students at these ten Ohio colleges have the support they need to succeed academically and professionally.
This initiative is not just about financial aid; it's about investing in the future leaders of America and fostering an environment where diversity, education, and opportunity go hand in hand. With this substantial donation, FanDuel sets an example for other corporations to follow, demonstrating the impact that strategic partnerships and focused contributions can have on the educational landscape and the broader community.
In conclusion, as FanDuel celebrates a milestone in Ohio, its continued alliance with UNCF paves the way for meaningful change and progress within the HBCU community. Through this partnership, both organizations are making a definitive statement about the importance of education, inclusivity, and the empowerment of the next generation of scholars and professionals.
