FanDuel Donates $1 Million 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 made a generous donation of $1 million to the United Negro College Fund (UNCF). This contribution is earmarked for supporting students at ten historically black colleges and universities (HBCUs) located in Ohio. It marks the third consecutive year that FanDuel has partnered with UNCF, demonstrating the company's sustained dedication to higher education within African American communities.

Supporting HBCU Students in Ohio

The funds from this latest donation are set to have a wide-reaching impact on the student bodies of these institutions. The aid will be directed towards essential resources such as technology, housing, food security, and tuition costs—areas critical to ensuring that students have what they need to succeed academically. FanDuel's initiative extends beyond financial assistance; the company also plans to recruit interns from these HBCUs. This will provide invaluable real-world experience for students, bridging the gap between academic learning and professional development.

A Celebration of Mobile Sports Betting in Ohio

This philanthropic gesture also coincides with a milestone for FanDuel—the one-year anniversary of mobile sports betting in Ohio. The donation not only celebrates this occasion but also reinforces FanDuel's role as a socially responsible corporate citizen within the state.

The Beneficiary Institutions

The ten colleges chosen as beneficiaries represent a diverse selection of Ohio's educational landscape. They 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 will receive a portion of the funds, ensuring a broader distribution of resources across the HBCU network in Ohio.

Reactions from UNCF and FanDuel

Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed enthusiasm about the ongoing partnership with FanDuel, highlighting the immense benefits that internship opportunities present for students. "We look forward to continuing our partnership; students benefit so much from internship opportunities," said Jenkins. Christian Genetski, president of FanDuel, reflected on the company's first year of operations in Ohio and reiterated the firm's pride in its alliance 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," stated Genetski.

Conclusion

FanDuel's substantial donation to the United Negro College Fund is more than just a charitable act; it is an investment in the future leaders of America. By aiding students who might otherwise struggle to afford college, FanDuel is helping to level the playing field and create a more inclusive society. As the company continues to make strides in the world of mobile sports betting, it also sets an example for how corporations can actively contribute to the public good. Through partnerships like the one with UNCF, FanDuel demonstrates that the true value of success is measured by the positive impact one can have on the lives of others.