In a significant act of philanthropy, FanDuel has made a generous donation of $1 million to the United Negro College Fund (UNCF), marking its third consecutive annual contribution. This latest endowment is earmarked to assist students at ten historically black colleges and universities (HBCUs) located within Ohio.
Enhancing Educational Opportunities
The funds are set to bolster various aspects of student life and learning, including technology access, housing, food security, and tuition costs. FanDuel's commitment to education extends beyond monetary support; the company is also dedicated to fostering professional growth opportunities by recruiting interns from these HBCUs.
This initiative not only underlines FanDuel's investment in the community but also celebrates a milestone — one year since mobile sports betting was introduced in Ohio. The timing of this donation underscores the symbiotic relationship between FanDuel's business achievements and its corporate social responsibility.
Beneficiaries Across Ohio
The ten colleges benefiting from FanDuel's donation include a diverse range of institutions: 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, and University of Cincinnati-Blue Ash College. Each institution will receive a share of the funds, ensuring that the donation impacts a broad spectrum of the HBCU student body across the state.
Leadership Reactions
Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed enthusiasm about the ongoing partnership with FanDuel. He highlighted the immense benefits that internship opportunities bring to students, offering them invaluable real-world experience and enhancing their career prospects.
Christian Genetski, president of FanDuel, reflected on the company's successful first year in Ohio, expressing pride in the continued alliance with UNCF. He reaffirmed FanDuel's dedication to supporting the diligent students at Ohio's HBCUs, reinforcing the company's role as a committed partner in the educational landscape.
Commitment to Education and Diversity
FanDuel's consistent donations to UNCF over the past three years demonstrate a steadfast commitment to education and diversity. By supporting institutions in Virginia, Maryland, and now Ohio, the company has established itself as a significant benefactor for HBCUs and their students. These contributions have a profound impact on the academic and professional journeys of countless young individuals, empowering them to achieve their full potential.
As the partnership between FanDuel and UNCF continues to flourish, it serves as an exemplary model of how corporations can play a pivotal role in nurturing talent and promoting equitable educational opportunities. Through strategic funding and internship programs, FanDuel is not only investing in the future workforce but also contributing to the creation of a more inclusive society.
