Industry News | January 4, 2012

Carl’s Jr. Honors Founders With $60K in Scholarships

Carrying on its commitment to advanced education, Carl’s Jr. is pleased to announce the commencement of its 13th annual Carl N. and Margaret Karcher Founders’ Scholarship program.

The scholarship application is now available online, at www.carlsjr.com/promotions. The submission deadline is Feb. 1, 2012.

To honor its late founders, Carl's Jr. is offering $60,000 in scholarships through the Carl N. and Margaret Founders' Scholarship program.

Through the scholarship program, 60 deserving students will receive $1,000 each to the two- or four-year college or vocational school of their choice.

The company founders established the scholarship program to reward hardworking youths. Carl N. and Margaret Karcher started their company as a young married couple in 1941, believing they could earn success through their commitment to faith, service, and hard work.

Now, more than 70 years later, Carl’s Jr. is proud to honor the late founders’ commitment to the community.

“Carl Karcher was not only a great businessman, but also a very compassionate man,” says Andrew F. Puzder, CEO of CKE Restaurants, Inc., parent company of Carl’s Jr. “Carl said, ‘Whenever you’re successful, you owe it to the people in the community.’

“The Founders’ Scholarship program is part of our ongoing efforts to give back to people in the communities throughout the West that have helped Carl’s Jr. succeed over the past 70 years.”

Scholarship winners will be selected based on academic record, school and community leadership and participation, work experience, and future goals. Financial need and other family circumstances also will be considered.

In tough economic times, scholarship programs like this are invaluable to the community. Giving back to hardworking youths in need is part of the core value structure of Carl’s Jr.

Applicants for the Carl N. and Margaret Karcher Founders’ Scholarship must be high school seniors or graduates, age 21 or younger, who are planning to enroll for the first time at an accredited two- or four-year college or vocational school.

Applicants must be residents of the states in which Carl’s Jr. operates restaurants: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Nevada, New Mexico, Oklahoma, Oregon, Texas, Utah, or Washington.

Since the inception of the program in 1999, Carl’s Jr. has granted $510,000 in scholarships. This year’s scholarships will help push that total to nearly $600,000.

Complete information about the Carl N. and Margaret Karcher Founders’ Scholarship application process and a downloadable application are available only on the Carl’s Jr. website, at www.carlsjr.com/promotions.