FanDuel Donates $1 Million to Ohio HBCU Students

FanDuel's Generous Contribution to HBCU Students in Ohio

In a landmark move, FanDuel has once again demonstrated its commitment to education and diversity by donating a substantial sum of $1 million to the United Negro College Fund (UNCF). This significant financial boost is earmarked for students attending ten Historically Black Colleges and Universities (HBCUs) across Ohio, marking the third consecutive year that FanDuel has supported the UNCF's mission.

Supporting Education and Opportunity

This latest donation from FanDuel will be instrumental in aiding students with various educational expenses. The funds are set to alleviate costs associated with technology, housing, food security, and tuition, thereby removing barriers to higher education for many deserving individuals. In a time when educational resources are more critical than ever, such support can make a world of difference in the lives of students. Moreover, FanDuel's philanthropy extends beyond monetary assistance. The company is actively creating pathways for students to gain practical experience by recruiting interns from these HBCUs. Such initiatives not only provide invaluable professional exposure but also help cultivate the next generation of leaders and innovators within diverse industries.

A Year of Milestones in Ohio

The timing of this donation coincides with a celebratory milestone for FanDuel – the one-year anniversary of mobile sports betting in Ohio. By aligning this charitable act with their operational success, FanDuel underscores a commitment to giving back to the communities where they do business. It's a powerful statement of corporate social responsibility and an acknowledgment of the importance of local educational institutions in fostering societal growth.

The Beneficiaries

The ten colleges selected to receive portions of the donation include a mix of HBCUs and other institutions serving significant numbers of African American students. These 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, and the University of Cincinnati-Blue Ash College. Each institution will have the opportunity to direct the funds toward programs and services that will most benefit their student body.

Continuing a Fruitful Partnership

Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, lauded the ongoing partnership with FanDuel, emphasizing the positive impact internship opportunities have on students. This sentiment was echoed by Christian Genetski, president of FanDuel, who expressed pride in the company's sustained efforts to support hard-working students throughout Ohio. Both statements reflect a shared vision of empowerment through education and the vital role of private sector partnerships in achieving this goal.

Conclusion

FanDuel's contribution to the UNCF and HBCUs in Ohio is more than a gesture of goodwill; it is a strategic investment in the future workforce and leadership of America. As the nation continues to grapple with issues of equity and access to education, actions like these serve as a beacon of hope and a model for others to follow. Through their continued support, FanDuel is not just celebrating a year of business achievements but is also fostering a brighter future for countless students who will go on to make meaningful contributions to society.