FanDuel Donates $1M to Support HBCU Students in Ohio
FanDuel's Commitment to Education and Diversity
In a significant move that underscores its commitment to education and diversity, FanDuel has announced a generous donation of $1 million to the United Negro College Fund (UNCF). This substantial contribution is earmarked to support students across ten Historically Black Colleges and Universities (HBCUs) located in Ohio, marking the third consecutive year that FanDuel has extended its philanthropic arm to UNCF.Supporting HBCUs Across Ohio
The chosen institutions set to benefit from this year's donation 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 funds, which are intended to alleviate financial burdens on students by covering various expenses such as technology needs, housing, food security, and tuition costs.A Year of Milestones
This latest round of funding coincides with a milestone for FanDuel—the celebration of one year since the launch of mobile sports betting in Ohio. The company's decision to mark this anniversary with a donation further cements its role not only as a leader in the gaming industry but also as a socially responsible corporate citizen.Creating Opportunities Through Internships
Beyond the financial support, FanDuel is also looking to enrich the professional lives of HBCU students through practical work experience. By recruiting interns from these colleges, FanDuel is providing invaluable opportunities for students to gain hands-on experience in the fast-paced world of sports betting and fantasy sports. This initiative reflects a holistic approach to supporting the educational ecosystem—by not only easing financial stress but also preparing students for the workforce.Executives Speak on the Partnership
Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed enthusiasm for the ongoing partnership, highlighting the immense value internships offer: "We look forward to continuing our partnership; students benefit so much from internship opportunities." His statement encapsulates the mutual benefits of this collaboration, where FanDuel's support extends beyond monetary contributions to foster real-world skill development.
Echoing this sentiment, Christian Genetski, president of FanDuel, reflected on the company's operations in Ohio, stating, "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's words underscore a genuine commitment to investing in the future of the students and the communities they serve.Conclusion
FanDuel's continued alliance with the UNCF and its support for HBCUs in Ohio is a shining example of how corporations can play a pivotal role in fostering education and diversity. As FanDuel continues to expand its footprint in the realm of sports betting, it simultaneously uplifts communities through strategic partnerships that yield tangible benefits for students. With each college receiving a share of the funds, the impact of this donation will be felt widely, ensuring that the next generation of scholars and professionals will have the resources they need to succeed.