Crystal Edmonson, Senior Editor – Atlanta Business Chronicle
Chick-fil-A Inc.
Chick-fil-A awards $26.44 million in scholarships in 2024, including to 14 restaurant employees who received scholarships of $25,000 each.
From the Atlanta Business Chronicle.
Chick-fil-A Inc. has served up a record amount of funding for students this year. The fast-food chain announced Monday it awarded $26 million in scholarships for its workers in 2024 — the highest annual investment the company has made in education for employees in more than 50 years.
“Creating greater access to education is one of the best ways Chick-fil-A serves communities,” Andrew T. Cathy, CEO of Chick-fil-A, said in a statement.
“Our long-standing commitment to investing in the future dreams and aspirations of restaurant team members remains at the forefront of Chick-fil-A’s efforts to have a positive impact on the lives of others,” said Cathy, who was on hand to surprise about a dozen employees with their scholarships.
As many as 14 employees received $25,000 each.
More than 14,000 workers in the U.S., Puerto Rico and Canada got $1,000-$2,500 scholarships.
Thousands of restaurant staff applied and were recommended by Chick-fil-A owner operators.
Since 1973, Chick-fil-A has awarded 105,000 employee scholarships worth $191 million. The company said a 2023 survey of recipients showed that 16% were first-generation college students.
Chick-fil-A is one of metro Atlanta’s largest privately owned companies.
It recorded $18.8 billion in companywide revenue in 2022, according to Atlanta Business Chronicle research. That ranked third among locally headquartered private companies.
More than 200,000 employees work in more than 3,000 Chick-fil-A restaurants across its North American footprint, according to the company. Chick-fil-A plans to expand to Europe and Asia by 2030.
More than 200,000 employees work in more than 3,000 Chick-fil-A restaurants across the United States, Canada, and Puerto Rico, according to the company. Chick-fil-A plans to expand to Europe and Asia by 2030.
Thank you for sharing. Your email has been sent.
Loud layoffs aside, the bulk of CEOs and small businesses say they are in hiring mode.
Viking Holdings Ltd. plans to offer 44 million shares priced up to $25 each in an initial public offering.
She’s spent almost 53 years with the company, 14 at the helm.
© 2024 American City Business Journals. All rights reserved. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 4/19/24) and Privacy Policy (updated 12/19/23).
Your California Privacy Rights.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of American City Business Journals.
Ad Choices.