FanDuel Donates $1 Million to Support HBCU Students in Ohio

FanDuel's Continued Support to HBCUs

In an act of philanthropy that underscores its commitment to education and diversity, FanDuel has announced a generous donation of $1 million to the United Negro College Fund (UNCF). This contribution marks the third consecutive year that FanDuel has supported the UNCF, with previous donations benefitting institutions in Virginia and Maryland. The latest funds will provide much-needed assistance to students across ten Historically Black Colleges and Universities (HBCUs) in Ohio.

Enhancing Student Life and Education

The impact of this donation is multifaceted, as it aims to alleviate various financial pressures faced by students. By addressing critical needs such as technology, housing, food security, and tuition costs, FanDuel's support will play a significant role in ensuring that these students can continue their education without undue hardship. The initiative reflects a deep understanding of the obstacles that students at HBCUs may encounter and a strong commitment to fostering an environment conducive to their academic success.

Investing in Future Talent

Beyond the immediate financial aid, FanDuel is investing in the future workforce by recruiting interns from these HBCUs. This move not only provides students with invaluable professional experience but also enriches FanDuel's talent pool with diverse perspectives. Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed enthusiasm for the ongoing partnership, highlighting the immense benefits that internship opportunities offer to students.

Celebrating a Milestone in Ohio

The timing of this donation coincides with a significant milestone for FanDuel—the celebration of one year since the launch of mobile sports betting in Ohio. Christian Genetski, president of FanDuel, reflected on the company's first year of operation in the state, expressing pride in their continued partnership with UNCF and the opportunity to support diligent students across Ohio's HBCU community.

The Beneficiaries

The ten colleges set to receive a portion of the funds include both public and private institutions, each with a unique contribution to higher education within the state. These 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 college will receive a designated sum to directly support their students, ensuring that the funds have a tangible and positive effect on the educational experiences of those attending these institutions.

Conclusion

FanDuel's sustained contributions to the UNCF and its support for HBCUs in Ohio exemplify the kind of corporate social responsibility that can make a real difference in communities. Through financial support and the provision of career-building internships, FanDuel is helping to shape a brighter future for students and reinforcing the importance of diversity and inclusivity within the corporate sector. As the company commemorates a year of successful operations in Ohio, its dedication to education and the empowerment of young minds remains a testament to its core values and vision for a more equitable society.