FanDuel Donates $1 Million to HBCU Students in Ohio
FanDuel's Generous Contribution to HBCU Students in Ohio
In a move that underscores its commitment to education and community engagement, FanDuel has announced a generous donation of $1 million to the United Negro College Fund (UNCF). This philanthropic gesture aims to support students across ten historically black colleges and universities (HBCUs) within Ohio, marking the company's third consecutive annual contribution to UNCF.Supporting Education and Opportunities
The funds are earmarked to alleviate financial burdens for students by covering costs associated with technology, housing, food security, and tuition. With the rising expenses of college education, such contributions are vital in ensuring that students from diverse backgrounds have equal opportunities to succeed academically without the strain of financial hardship.
FanDuel's initiative extends beyond monetary support; the company is actively seeking to recruit interns from these HBCUs. This opens up pathways for students to gain valuable industry experience, setting them up for successful careers post-graduation.Celebrating a Milestone
The timing of this donation coincides with the celebration of one year of mobile sports betting in Ohio, an industry in which FanDuel is a key player. By linking this donation to a significant milestone, FanDuel emphasizes the importance of giving back to the communities that contribute to its success.Colleges Benefiting from the Donation
The ten colleges set to benefit from FanDuel's donation include a mix of public and private institutions, each with a unique heritage and commitment to higher education for African American students. The list of recipients is as follows:
- 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 portion of the funds specifically designated for their students' needs, ensuring a broad impact across the state's HBCU community.Voices of Appreciation and Commitment
Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed gratitude and optimism about 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 multifaceted nature of FanDuel's support, which not only provides financial aid but also fosters professional growth through internships.
Christian Genetski, president of FanDuel, also reflected on the company's operations in Ohio and its relationship with UNCF. "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. The sentiment reinforces FanDuel's dedication to maintaining strong community ties and contributing to the development of future leaders.Conclusion
FanDuel's substantial donation to the UNCF is more than just a financial boon; it is a beacon of hope for many students who may otherwise struggle to afford the costs associated with higher education. By supporting the academic and professional journeys of students at HBCUs, FanDuel is investing in a brighter, more inclusive future. As the company celebrates a successful year in Ohio, its commitment to education and community development remains clear, demonstrating that corporate success and social responsibility can indeed go hand in hand.