FanDuel Group and the Washington Football Team announced today a $1 million contribution to the United Negro College Fund (UNCF). The FanDuel/Washington Football Team Emergency Student Aid Fund will be dedicated to supporting current students enrolled in Virginia’s five Historically Black Colleges and Universities (HBCU). The fund will provide aid grants for those students seeking emergency assistance for technology, housing, food security, tuition and other education-related expenses.
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To celebrate Black History Month and support students at Virginia’s five HBCUs, the UNCF will work with the HBCU institutions to ensure students demonstrating need have access to this aid. Supporting HBCUs and their students at this time stands to bolster the strength of these institutions in the state, broadening their already deep economic impact in the Commonwealth.
“Supporting these institutions and these hard-working students, amidst enormous challenges related to COVID, is the right thing to do,” said Matt King, CEO of FanDuel Group. “As we celebrate Black History Month and recognize the critical role HBCUs play in developing the next generation of leaders in business, academia, and civic participation, our hope is that this investment in students keeps them on the path to realize their academic and personal goals while enrolled at these universities.”
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“HBCUs have produced some of the most accomplished and successful individuals across countless professions. This investment continues to foster the talent at these great institutions and give the scholars of today a chance to achieve their goals and career aspirations,” said Dan and Tanya Snyder, owners of the Washington Football Team.
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“Everyone knows how important HBCUs are to me, and I applaud UNCF’s commitment to partner with us and FanDuel to administer this emergency aid fund with Virginia’s HBCUs. It is critical to support these students,” concluded Doug Williams, Super Bowl Champion and the Washington Football Team’s Senior Advisor to the Team President.
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This contribution is a part of a broader commitment the Washington Football Team and FanDuel share. Both companies have sustained talent strategies that include embracing diversity, driving business growth, and contributing to an inclusive workplace that provides equitable access to opportunities for all.