In a significant move that underscores its commitment to education and community engagement, FanDuel has made a generous donation of $1 million to the United Negro College Fund (UNCF). This contribution marks the third consecutive year that FanDuel has partnered with UNCF, signaling a sustained effort to support historically black colleges and universities (HBCUs) and their students.
Impact on Ohio's HBCU Students
The latest donation from FanDuel is set to benefit students across ten HBCUs located in Ohio. The funds are earmarked for a range of critical needs, including technology upgrades, housing, food security, and tuition assistance. By addressing these fundamental areas, FanDuel's contribution will play a pivotal role in ensuring that students have the necessary resources to succeed academically.
Previous Contributions and Ongoing Commitment
FanDuel's history of supporting educational institutions through UNCF extends beyond Ohio. In previous years, the company's donations have supported HBCUs in Virginia and Maryland, demonstrating a broad commitment to higher education across different states. With each annual donation, FanDuel reinforces its dedication to fostering educational opportunities and contributing to the empowerment of young minds.
Internship Opportunities and Workforce Development
Beyond financial support, FanDuel is actively engaging with the HBCU community by offering internship opportunities to students. This strategic collaboration not only provides valuable work experience but also helps build a diverse talent pipeline for the future workforce. Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, emphasized the importance of such partnerships, stating, "We look forward to continuing our partnership; students benefit so much from internship opportunities."
Celebrating Mobile Sports Betting in Ohio
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. Christian Genetski, president of FanDuel, reflected on the milestone, expressing pride in the company's ongoing partnership 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," said Genetski.
Beneficiary Institutions
The ten HBCUs selected as beneficiaries of FanDuel's donation encompass a diverse group of institutions, each set to receive a portion of the funds for their respective student bodies. The colleges 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 of these institutions plays a vital role in providing quality education to minority students in Ohio, and the financial aid from FanDuel will undoubtedly enhance their ability to serve their communities effectively.
Conclusion
FanDuel's substantial donation to UNCF and the selected HBCUs in Ohio exemplifies the company's broader social responsibility initiatives and its commitment to diversity and inclusion. By supporting the academic and professional development of HBCU students, FanDuel is not only investing in the future leaders of tomorrow but is also contributing to the creation of a more equitable society. As this partnership between FanDuel and UNCF continues to flourish, it stands as a testament to the positive impact that corporate philanthropy can have on education and community development.
