FanDuel Donates $1 Million to Ohio HBCUs
FanDuel's Generous Donation to HBCUs in Ohio
In an impressive display of corporate social responsibility, FanDuel has made a significant contribution to the higher education sector, with a $1 million donation to the United Negro College Fund (UNCF). This philanthropic gesture is aimed at supporting students across ten Historically Black Colleges and Universities (HBCUs) located in Ohio.Continued Support for Education
This year marks FanDuel's third consecutive annual donation to UNCF, demonstrating the company's sustained commitment to education and community development. The funds are earmarked to assist with various student needs, including technology, housing, food security, and tuition costs, ensuring that financial barriers do not hinder academic success.Prioritizing Student Development
FanDuel's partnership with UNCF extends beyond monetary support; it includes providing valuable internship opportunities to students from these HBCUs. Such initiatives are crucial for enhancing students' professional skills and employability upon graduation, creating a pipeline of well-prepared graduates ready to enter the workforce.Celebrating Mobile Sports Betting in Ohio
The timing of this donation coincides with the celebration of one year since the introduction of mobile sports betting in Ohio, highlighting FanDuel's desire to give back to communities that are part of its operational landscape. By investing in local education, FanDuel reinforces its role as a responsible business entity within the state.Beneficiary Institutions
The ten colleges selected to receive funding through this initiative include a mix of HBCUs and institutions serving significant numbers of African American students: 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 portion of the funds, which will be directed towards supporting their student bodies.Leadership Remarks
Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed his enthusiasm about the ongoing partnership with FanDuel. He highlighted the immense benefits that internship opportunities offer to students, preparing them for future career challenges and success.
Christian Genetski, president of FanDuel, reflected on the company's first year of operations in Ohio and reiterated their pride in continuing the partnership with UNCF. He emphasized FanDuel's eagerness to support hard-working students across Ohio's HBCUs, contributing to the cultivation of a robust educational environment in the state.Conclusion
FanDuel's latest donation to UNCF underscores the importance of corporate involvement in promoting higher education, especially among historically underserved communities. By focusing on practical aspects such as technology access, housing, food security, and tuition fees, FanDuel ensures that its contributions have a direct impact on the lives of many students.
Furthermore, by engaging with the HBCU community through internships and recruitment, FanDuel is not only investing in the present academic achievements of these students but also in their future potential as professionals. This holistic approach to corporate philanthropy sets an example for other companies to follow, highlighting how businesses can play a pivotal role in fostering inclusive education and long-term societal benefits.