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Carl's Jr. honors founders through scholarship fund

January 3, 2012

Carrying on its commitment to advanced education, Carl’s Jr.has announced the commencement of its 13^th annual Carl N. and Margaret Karcher Founders’ Scholarship program. The scholarship application is now available online and the submission deadline is Feb. 1, 2012.

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

The scholarship program was established by the company founders 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,” said 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 who 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.

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.

The Carl N. and Margaret Karcher Founders’ Scholarship is administered by Scholarship Management Services, a division of Scholarship America. Employees, affiliates and franchisees of Carl Karcher Enterprises Inc., Scholarship America, affiliated agencies and their immediate families are not eligible to receive a scholarship pursuant to this program.

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