FanDuel Donates $1M to Ohio HBCUs for Education Support
FanDuel's Generous Donation to HBCUs in Ohio
In a significant move that underscores its commitment to education and community development, FanDuel has made a generous donation of $1 million to the United Negro College Fund (UNCF). This contribution is aimed at bolstering the resources for students at ten Historically Black Colleges and Universities (HBCUs) located in Ohio. The gesture not only highlights FanDuel's corporate social responsibility but also marks its third consecutive year of financial support to UNCF, following previous donations that benefited institutions in Virginia and Maryland.Impactful Support for Education
The funds from this donation are earmarked to address various critical needs of the student body, including technology upgrades, housing improvements, food security, and tuition assistance. By alleviating these financial pressures, FanDuel is helping to ensure that students at these HBCUs can focus on their academic and professional goals without undue hardship.
Furthermore, the company has taken its commitment a step further by offering internship opportunities to students from these institutions. Such initiatives provide invaluable real-world experience and career exposure, which are instrumental in preparing the students for post-graduate success.Celebrating One Year of Mobile Sports Betting in Ohio
FanDuel's donation also coincides with the one-year anniversary of the launch of mobile sports betting in Ohio. This milestone serves as a backdrop for the company's continued investment in the local communities where it operates. By linking the donation with this anniversary, FanDuel is creating a legacy of giving that aligns with significant corporate milestones, thereby reinforcing its positive impact within the state.The Beneficiary Institutions
The ten colleges set to benefit from FanDuel's philanthropy include 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 of these institutions will receive a share of the funds, directly contributing to the betterment of their respective student communities.
It should be noted, however, that not all of these institutions are historically black colleges and universities. Nevertheless, the inclusion of these schools indicates a broad approach by FanDuel and UNCF to support minority education across the state's higher education landscape.Leadership Remarks
Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed enthusiasm about the ongoing partnership with FanDuel. "We look forward to continuing our partnership; students benefit so much from internship opportunities," said Jenkins. His statement underscores the importance of practical work experiences in complementing academic learning and the value of corporate partnerships in facilitating these opportunities.
Echoing this sentiment, Christian Genetski, president of FanDuel, reflected on the company's operations in Ohio and its relationship with UNCF. "As we reflect on our first year of operation in Ohio, we’re proud to continue our partnership with UNCF to support the HBCU community in the state and look forward to supporting hard-working students at institutions across Ohio," stated Genetski. This reaffirms FanDuel's dedication to fostering an environment where students from diverse backgrounds can thrive and succeed.Conclusion
FanDuel's latest donation to UNCF is more than just a financial contribution; it is a testament to the company's belief in the transformative power of education and its role in community engagement. As these funds make their way to the ten designated colleges in Ohio, they carry with them the promise of enhanced educational experiences, greater access to career-building internships, and the alleviation of financial barriers for countless students. It is through such acts of corporate citizenship that companies like FanDuel can leave a lasting, positive mark on society.