FanDuel Donates $1M to Ohio HBCUs
FanDuel's Continued Commitment to Education
In a significant act of corporate 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 the company has supported the UNCF, reinforcing its commitment to higher education and the empowerment of students at Historically Black Colleges and Universities (HBCUs).Supporting Ohio's HBCU Students
The latest donation from FanDuel is set to benefit students across ten HBCUs in the state of Ohio. In keeping with the spirit of previous donations that aided institutions in Virginia and Maryland, this year's funds will be directed towards addressing essential student needs such as technology access, housing, food security, and tuition costs.
FanDuel's initiative not only provides financial support but also extends to fostering professional development opportunities. The company has expressed its intention to recruit interns from these HBCUs, offering students invaluable real-world experience and a foothold in the competitive sports industry.A Milestone Celebration
This charitable gesture coincides with a milestone for FanDuel—the celebration of one year since the launch of mobile sports betting in Ohio. By aligning the donation with this anniversary, FanDuel underscores its dedication to the communities where it operates, demonstrating that its investment in Ohio goes beyond the realm of business.The Beneficiary Institutions
The ten colleges selected to receive funding are a diverse mix of Ohio's educational landscape. These institutions 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 college will receive a portion of the donation, ensuring that the impact of FanDuel's generosity is felt widely among the student populations.Leadership Reactions
Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, lauded the ongoing partnership with FanDuel, highlighting the tangible benefits for students, particularly through internship opportunities. "We look forward to continuing our partnership; students benefit so much from internship opportunities," said Jenkins.
Christian Genetski, president of FanDuel, reflected on the company's first year in Ohio, expressing pride in their sustained support of the UNCF and the HBCU community. "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 stated.Conclusion
FanDuel's commitment to education and community engagement is evident in its substantial contributions to the UNCF and the HBCUs in Ohio. Through financial aid and internship programs, the company is playing a pivotal role in shaping the future of many young scholars. As FanDuel celebrates a successful year of mobile sports betting in the Buckeye State, its investment in education shines as a beacon of corporate responsibility and social impact.