FanDuel Donates $1M to Ohio HBCU Students

FanDuel's Generous Donation to Support HBCU Students in Ohio

In an act of generosity and commitment to education, FanDuel has made a significant contribution to the United Negro College Fund (UNCF), donating $1 million to support students across ten Historically Black Colleges and Universities (HBCUs) located in Ohio. This substantial gift marks the third consecutive year that FanDuel has partnered with UNCF, reinforcing its dedication to fostering educational opportunities within the African American community.

Impact on Education and Opportunities

The funds from FanDuel are earmarked for a variety of critical student needs, including technological resources, housing, food security, and tuition costs. By addressing these key areas, FanDuel is helping to alleviate financial barriers that often impede students' academic success. The donation not only underscores the importance of higher education but also ensures that the recipients have the necessary tools to thrive in their academic pursuits.

Moreover, FanDuel's involvement extends beyond monetary support. The company has expressed its intention to recruit interns from these HBCUs, providing invaluable professional experience and opening doors to career opportunities within the sports betting industry. Such initiatives illustrate FanDuel's holistic approach to supporting the educational ecosystem, recognizing that real-world experience complements academic learning.

Celebrating a Milestone in Ohio

The timing of this donation coincides with a significant milestone for FanDuel—the one-year anniversary of mobile sports betting in Ohio. This celebration is marked by giving back to the community and demonstrating FanDuel's ongoing commitment to corporate social responsibility. The company's proactive efforts to contribute to the state's educational landscape reflect a genuine investment in the future workforce and the communities where they operate.

The Beneficiary Institutions

The ten HBCUs benefiting from FanDuel's donation are a diverse group of institutions, each set to receive a portion of the funds to support their student bodies. 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, and University of Cincinnati-Blue Ash College. These schools represent a broad spectrum of educational environments, from larger universities to smaller colleges, ensuring that a wide range of students benefit from FanDuel's philanthropy.

Voices of Appreciation and Commitment

Leaders from both UNCF and FanDuel have expressed their enthusiasm for the ongoing partnership. Maurice E. Jenkins, Executive Vice President and Chief Financial Officer of UNCF, highlighted the value of internship opportunities, stating, "We look forward to continuing our partnership; students benefit so much from internship opportunities." These sentiments were echoed by Christian Genetski, president of FanDuel, who reflected on the company's first year of operation in Ohio: "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."

The shared vision between FanDuel and UNCF is clear—both organizations recognize the transformative power of education and the positive ripple effect it can have on communities. Through financial assistance and the provision of internships, they are actively contributing to the development of the next generation of leaders and professionals.

Conclusion

FanDuel's latest donation to UNCF represents more than just a financial transaction; it is an investment in the future of countless young minds and a testament to the company's values. As FanDuel continues to grow its presence in the sports betting industry, it remains steadfast in its resolve to make a meaningful impact on society, starting with the education of those who will one day lead it.

The partnership between FanDuel and UNCF sets a commendable example of how corporations can play a vital role in supporting education and opening up avenues for students to achieve their dreams. As these ten HBCUs in Ohio receive their share of the donation, there is a renewed sense of hope and opportunity for many, thanks to the generosity and foresight of FanDuel.