FanDuel Supports HBCU Students with $1M Donation to UNCF

FanDuel's Commitment to Education: A Million Dollar Donation to UNCF

In a significant move demonstrating its commitment to education and community support, FanDuel has announced a generous donation of $1 million to the United Negro College Fund (UNCF). This philanthropic gesture aims to assist students across ten historically black colleges and universities (HBCUs) in Ohio, marking FanDuel's third consecutive annual contribution to the cause.

Supporting HBCU Students in Ohio

The funds from this latest donation are earmarked to enhance various aspects of student life and education, including technology access, housing, food security, and tuition costs. Such comprehensive support is crucial in ensuring that students from underrepresented communities can pursue their academic goals without the burden of financial constraints. FanDuel's previous donations have had a significant impact on institutions in Virginia and Maryland, and this expansion into Ohio demonstrates the company's ongoing dedication to fostering education within the African American community.

A Year of Mobile Sports Betting in Ohio

This donation also coincides with the one-year anniversary of mobile sports betting in Ohio, a milestone for FanDuel as it reflects on its growth and presence in the state. By aligning this celebratory moment with their charitable giving, FanDuel underscores the importance of giving back to the communities where they operate.

The Beneficiary Institutions

The ten HBCUs selected to receive portions of the donation span a diverse range of institutions, each with unique offerings for their student populations. The list includes: - 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 directly benefit from FanDuel's donation, which is set to make a meaningful difference in the lives of many students.

Internship Opportunities and Corporate Partnerships

Beyond financial assistance, FanDuel is also opening doors for students by providing internship opportunities. These internships are a stepping stone for practical experience in the workforce, offering invaluable exposure to the corporate world. Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed enthusiasm about the continued partnership with FanDuel, emphasizing the substantial benefits that internship opportunities bring to students. Christian Genetski, president of FanDuel, echoed this sentiment, reflecting on the company's first year of operations in Ohio and reiterating their pride in supporting hard-working students at HBCUs throughout the state.

Conclusion

FanDuel's latest donation to UNCF and the HBCU community in Ohio is more than just a monetary contribution; it is an investment in the future leaders of America. As FanDuel continues to grow and celebrate milestones like the anniversary of mobile sports betting in Ohio, its commitment to education and community development remains steadfast. Through partnerships with organizations like UNCF and initiatives that provide both financial aid and real-world experience, FanDuel is setting a commendable example of how corporations can positively impact society.