FanDuel Donates $1 Million to Ohio HBCUs

FanDuel's Generous Support to HBCUs in Ohio

In a significant boost to higher education, FanDuel has announced a generous donation of $1 million to the United Negro College Fund (UNCF). This philanthropic gesture aims to assist students across ten Historically Black Colleges and Universities (HBCUs) located in Ohio. This year's contribution marks the third consecutive annual donation by FanDuel to UNCF, underlining their ongoing commitment to supporting education within the African American community.

Enhancing Student Life and Education

The funds are earmarked to address several critical areas that impact student life and education. They will be instrumental in providing much-needed support for technology access, secure housing, food security, and alleviating tuition costs for many students. By addressing these fundamental needs, FanDuel is helping to ensure that students at these institutions have the resources they need to succeed academically and personally.

Internship Opportunities and Workforce Development

A noteworthy aspect of this partnership between FanDuel and UNCF is the provision of internship opportunities. FanDuel has expressed an intention to recruit interns from the HBCUs benefiting from their donation. This initiative not only provides valuable work experience for the students but also paves the way for their future career development. Internships are a crucial stepping stone for college students, offering them a glimpse into the professional world and enabling them to apply their academic knowledge in real-world scenarios.

Celebrating One Year of Mobile Sports Betting

The donation also coincides with a celebration of one year of mobile sports betting in Ohio. FanDuel has chosen this milestone to reinforce its dedication to the communities where it operates. The company's president, Christian Genetski, reflected on the first year of operation in Ohio, expressing pride in the continued partnership with UNCF and the support extended to the hard-working students across the state's HBCUs.

The Beneficiary Institutions

The ten colleges set to benefit from FanDuel's donation span a diverse range of institutions, each with its unique strengths and student communities. These 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 University of Cincinnati-Blue Ash College. Each college will receive a portion of the donation, ensuring that the funds have a widespread impact on the HBCU students in Ohio.

Statements from UNCF and FanDuel Representatives

Maurice E. Jenkins, the Executive Vice President and Chief Financial Officer of UNCF, highlighted the value of the partnership and the benefits it brings to students, particularly through internship opportunities. "We look forward to continuing our partnership; students benefit so much from internship opportunities," said Jenkins. His statement underscores the importance of collaboration between educational funds and corporate entities in enhancing educational outcomes for students.

Adding to the sentiments, Christian Genetski, the president of FanDuel, reiterated the company's commitment to the cause. "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. His words confirm FanDuel's resolve to make a positive impact on the local communities where they conduct business.

Looking Forward

The partnership between FanDuel and UNCF is a shining example of how corporations can play a pivotal role in supporting education and fostering opportunities for students. As FanDuel continues to expand its operations, its commitment to social responsibility remains evident through such impactful donations. The HBCU students in Ohio stand to gain immensely from this support, which will undoubtedly contribute to their academic success and future career prospects.

With the promise of enhanced educational resources and internship opportunities, the future looks brighter for the students at these ten HBCUs in Ohio. FanDuel's contribution is more than just financial assistance; it's an investment in the potential of these young minds and a testament to the company's dedication to giving back to the community.