FanDuel Donates $1M to Ohio HBCU Students
FanDuel's Commitment to Education: A $1 Million Boost for HBCU Students in Ohio
In a significant 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 is aimed at bolstering the educational journey of students across ten Historically Black Colleges and Universities (HBCUs) located in Ohio.Supporting Academic Excellence and Equity
FanDuel’s contribution marks the third year in a row that the company has extended its support to UNCF, with previous donations positively impacting institutions in Virginia and Maryland. The funds are earmarked to address critical needs such as technology access, housing, food security, and tuition costs—components essential for creating an equitable academic environment where all students can thrive.A Year of Mobile Sports Betting in Ohio
This latest round of funding arrives on the heels of a milestone—the one-year anniversary of mobile sports betting in Ohio. As FanDuel reflects on a successful year of operations within the state, the company is keen to share its success by investing in the future leaders of Ohio. By supporting HBCUs, FanDuel is not only celebrating this anniversary but also reinforcing its role as a socially responsible corporate citizen.Internship Opportunities: Bridging Education and Industry
Beyond financial assistance, FanDuel is committed to providing real-world experience to students through internship opportunities. This initiative will enable young scholars to gain valuable insights into the sports betting industry while applying their academic knowledge in a practical setting. Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, lauded this partnership, highlighting the immense benefits that internships offer to students' professional growth.The Beneficiary Institutions
The ten HBCUs selected for this year's donation include a diverse array of institutions, each set to receive a portion of the funds to directly support their student bodies. The colleges benefiting from FanDuel’s generosity 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 of these institutions plays a pivotal role in educating and empowering the next generation of leaders, particularly within the African American community.Leadership Perspectives
Emphasizing the importance of the continued alliance with UNCF, Christian Genetski, president of FanDuel, expressed pride in the company's efforts to back hard-working students throughout Ohio. He reaffirmed FanDuel’s dedication to fostering a supportive network that extends beyond financial aid, ensuring that students have the necessary resources to excel academically.
Jenkins, representing UNCF, echoed these sentiments, acknowledging the profound impact of the partnership on the students’ educational and career trajectories. The collaboration between FanDuel and UNCF stands as a testament to the power of joint efforts in making a lasting difference in the lives of young scholars.Conclusion
As FanDuel continues to expand its footprint in the realm of sports betting, its investment in education demonstrates a clear understanding that the success of a business is intrinsically linked to the well-being of the community it serves. Through this substantial donation and the provision of internship opportunities, FanDuel sets an example for corporate responsibility, showing that the true value of a thriving enterprise lies in its ability to uplift and empower future generations.