FanDuel Donates $1M to UNCF for Ohio HBCU Support

FanDuel's Continued Support for Education

In a remarkable act of philanthropy, FanDuel has made a generous donation of $1 million to the United Negro College Fund (UNCF). This significant contribution is earmarked to assist students at ten historically black colleges and universities (HBCUs) located in Ohio. The move underscores FanDuel's commitment to education and its ongoing partnership with UNCF, marking this as their third consecutive annual donation.

Impact on Ohio's HBCU Students

The funds from FanDuel are set to bolster various aspects of student life and learning, including technology access, housing, food security, and tuition costs. By addressing these critical needs, FanDuel is helping to ensure that students from these institutions have the necessary resources to succeed in their academic endeavors. Moreover, FanDuel is not just providing financial support but also opening doors for professional growth through internship opportunities. These internships will offer students invaluable real-world experience and a chance to kickstart their careers.

Celebrating Mobile Sports Betting in Ohio

This donation coincides with a significant milestone for FanDuel—the celebration of one year since the launch of mobile sports betting in Ohio. The company's decision to commemorate this anniversary by supporting local education initiatives demonstrates their dedication to giving back to the communities where they operate.

The Beneficiary Institutions

The list of HBCUs benefiting from FanDuel's donation includes a diverse range of institutions across Ohio: - 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 share of the donation, ensuring that a broad spectrum of students benefits from FanDuel's generosity.

Leadership Reactions

Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, expressed enthusiasm about the ongoing partnership with FanDuel, highlighting the immense value that internship opportunities present for the students. The hands-on experience gained through such programs can be transformative for young professionals embarking on their career paths. Christian Genetski, president of FanDuel, reflected on the company's first year of mobile sports betting operations in Ohio with pride. He reaffirmed FanDuel's pledge to support the HBCU community within the state and emphasized the company's eagerness to aid industrious students across various Ohio institutions.

Conclusion

FanDuel's latest donation to UNCF is more than a charitable contribution; it is an investment in the future leaders of America. By actively supporting educational institutions and creating opportunities for students to gain practical experience, FanDuel is playing a pivotal role in shaping an inclusive and empowered workforce. As the company continues to expand its presence in the sports betting industry, its commitment to social responsibility remains steadfast, demonstrating that success in business goes hand in hand with making a positive impact on society.