FanDuel Boosts HBCU Support with $1M UNCF Donation
FanDuel's Commitment to Education: A Million-Dollar Donation to UNCF
In a generous act of philanthropy, FanDuel has announced a substantial donation of $1 million to the United Negro College Fund (UNCF), marking its third consecutive annual contribution. This significant financial support is set to benefit students across ten Historically Black Colleges and Universities (HBCUs) in Ohio, reinforcing FanDuel's commitment to education and community development.Supporting Ohio's HBCU Students
The latest donation from FanDuel arrives as a celebratory gesture, coinciding with the one-year anniversary of mobile sports betting in Ohio. The funds are earmarked for a range of critical needs, including technology, housing, food security, and tuition costs, ensuring that students at these institutions have access to the resources necessary for their academic success.A Growing Partnership
FanDuel's relationship with UNCF has been steadily growing over the years, with previous donations positively impacting educational institutions in Virginia and Maryland. Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed enthusiasm about the ongoing partnership, particularly highlighting the valuable internship opportunities that arise for students through this collaboration.
Christian Genetski, president of FanDuel, reflected on the company's first year of operations in Ohio with pride. He emphasized the importance of continuing their support for the HBCU community within the state and the company's eagerness to assist hard-working students throughout Ohio.Internship Opportunities and Career Development
Beyond the monetary contribution, FanDuel's initiative includes plans to recruit interns from these HBCUs. This opens doors for students to gain hands-on experience in the sports betting industry, providing a pathway to potential career opportunities and professional growth within the company.The Beneficiary Institutions
The ten colleges selected to receive a portion of the funds are:
- 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 allocate the received funds to meet the specific needs of their student body, ensuring that the impact of this donation is both immediate and far-reaching.Conclusion
FanDuel's continued partnership with UNCF highlights the company's dedication to fostering educational opportunities and supporting the next generation of leaders. By investing in the future of students at HBCUs, FanDuel is not only contributing to the individual success of these scholars but also to the broader communities they represent. As the company celebrates a milestone in Ohio, its philanthropic efforts serve as a testament to the positive role that corporate entities can play in shaping a more equitable society.