The Cardenas Markets Foundation continues its commitment to supporting the communities it serves by providing $192,000 in scholarship funds to students in the areas where Cardenas Markets operates.
In a press release, the Foundation said that 64 scholarships of $3,000 each will be awarded for the 2023 academic year, reflecting a $15,000 increase in total scholarship funds from the 2022 academic year.
From now through March 9, 2023, eligible students can apply by visiting https://cardenasmarkets.com/scholarships.
The increase in the number of scholarships is due to the results of its 18th Annual Charity Golf Tournament. The Cardenas Markets Foundation raised a record $825,000, primarily to support the scholarship program and its health, child welfare, and hunger relief initiatives.
Recipients will be selected based on their academic qualifications, financial need, leadership attributes, and commitment to serving their local community.
“Founded by a young man who immigrated to the United States and built a successful business for his family, Cardenas Markets embodies the spirit of the American Dream. Today, that legacy continues through the efforts of the Cardenas Markets Foundation Scholarship Program,” said Adam Salgado, President of the Cardenas Markets Foundation.
“We understand that education is key to achieving the American Dream, and we are committed to ensuring higher education remains attainable and within financial reach for local students in the communities where Cardenas Markets operates,” Salgado added.
Last year, the Cardenas Markets Foundation received 266 applications from students residing in the areas where Cardenas Markets operates. To select the 60 students who won scholarships of $3,000 each, they analyzed various factors, such as their academic qualifications, financial need, leadership attributes, and commitment to serving their local community.
The Cardenas Markets Foundation is an independent 501(c)(3) not-for-profit corporation. Founded in 2005 and headquartered in Ontario, California, the organization is noted for its charitable and community engagement efforts that positively impact the lives of the communities it serves.