FanDuel Supports Ohio HBCUs with $1M Donation
FanDuel's Generous Donation to HBCUs in Ohio
In a significant act of philanthropy, FanDuel has made a charitable contribution of $1 million to the United Negro College Fund (UNCF), marking its third consecutive annual donation. This generous gift is aimed at supporting students from ten historically black colleges and universities (HBCUs) located within Ohio.Supporting Education and Opportunity
The funds are earmarked for a range of critical student needs, including technology, housing, food security, and tuition costs. By addressing these fundamental areas, FanDuel's donation will have a direct impact on the quality of education and life for many students across the selected institutions.Expanding Internship Opportunities
Beyond the financial support, FanDuel is also committed to fostering professional growth and development for students at these HBCUs. The company plans to recruit interns from these institutions, providing invaluable work experience and industry exposure that could shape their future career paths.Celebrating Mobile Sports Betting in Ohio
This donation coincides with a milestone celebration of one year of mobile sports betting in Ohio. FanDuel's contribution not only commemorates this occasion but also reinforces the company's dedication to community engagement and corporate responsibility.The Beneficiary Institutions
The ten colleges chosen as beneficiaries for this donation include both public and private institutions, each with its own unique heritage and academic focus. The list comprises 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 college will receive a portion of the donation, ensuring that the funds assist a broad spectrum of the student body.Leadership Reactions
Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed enthusiasm about the continued partnership with FanDuel, emphasizing the immense benefits that internship opportunities bring to students. These internships serve as a bridge between academic theory and practical application, preparing students for the competitive job market.
Christian Genetski, president of FanDuel, reflected on the company's first year of operations in Ohio, expressing pride in their sustained partnership with UNCF. He highlighted the company's commitment to supporting the hard-working students at HBCUs throughout Ohio, demonstrating FanDuel's investment in the future leaders of the community.Conclusion
FanDuel's donation to the UNCF is more than just a monetary gift; it is an investment in the future of young minds and a testament to the company's social conscience. Through this act of generosity, FanDuel is helping to break down barriers to education and opening doors to new opportunities for students at HBCUs in Ohio. As the company continues to grow its presence in the state, its contributions to education and community development set a standard for corporate citizenship and illustrate the profound impact that businesses can have on society.