FanDuel Donates $1M to UNCF for HBCU Students in Ohio
FanDuel's Philanthropic Play: A $1 Million Donation to UNCF
In a move that underscores its commitment to education and diversity, FanDuel has made a significant contribution to the future of students at Historically Black Colleges and Universities (HBCUs) in Ohio. The leading sports betting company announced its third annual donation of $1 million to the United Negro College Fund (UNCF), marking another year of support for minority education.Supporting HBCU Students in Ohio
This year's donation from FanDuel is earmarked for students attending ten HBCUs across Ohio. The funds are set to make a considerable impact by assisting with various aspects of college life including technology access, housing, food security, and tuition costs. This comprehensive approach aims to alleviate some of the financial burdens faced by students and ensure they have the necessary resources to succeed academically.
The selection of Ohio for this year's donation coincides with the one-year anniversary of mobile sports betting in the state, allowing FanDuel to celebrate this milestone by giving back to the community.A Growing Partnership with UNCF
FanDuel's partnership with UNCF has been growing stronger over the years. Prior donations have supported HBCU institutions in Virginia and Maryland, reflecting the company's ongoing commitment to educational initiatives, particularly those that benefit underrepresented communities.
Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed enthusiasm about the continued collaboration, highlighting the immense value internship opportunities bring to students. These internships, provided by FanDuel, offer practical experience and career development, complementing the academic benefits facilitated by the funding.
Christian Genetski, president of FanDuel, echoed these sentiments. Reflecting on the company's first year of operations in Ohio, he emphasized pride in sustaining the partnership with UNCF and the collective effort to support hard-working HBCU students throughout the state.The Beneficiary Institutions
The ten colleges set to receive a portion of the funds include a mix of HBCUs and predominantly black institutions, broadening the scope of FanDuel's impact. The institutions 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 colleges will allocate the received funds to directly benefit their student populations, ensuring that the donation reaches individuals who need it most.Looking Ahead
As FanDuel continues to expand its presence in the sports betting industry, its philanthropic efforts remain a central part of the company's ethos. The partnership with UNCF not only exemplifies corporate responsibility but also signifies a deeper understanding of the role businesses can play in fostering equity in education.
The ongoing relationship between FanDuel and UNCF serves as a model for how companies can positively influence the communities in which they operate. By supporting education, especially in underserved demographics, FanDuel demonstrates a commitment to creating opportunities and paving the way for future leaders.
With each passing year, the partnership's positive outcomes become more apparent, offering hope and tangible support to students striving for academic and professional success. As FanDuel celebrates its achievements in Ohio, it also looks forward to the bright futures it is helping to build for students across the state.