CDK Global and NAMAD Establish "Fueling Careers" Scholarship Program
Helping Build a Pipeline of Minority Talent and Make a Difference in Studentsâ€™ Lives
HOFFMAN ESTATES, Ill.,â€” January 23, 2017 - CDK Global, Inc. (Nasdaq:CDK) announced today that it has established with the National Association of Minority Automobile Dealers (NAMAD) a new scholarship program for ethnic minority high school students of dealership employees who demonstrate financial need and plan to pursue a college education.
The "Fueling Careers" Scholarship Program, funded by CDK Global, will award up to five $10,000 scholarships each year to high school seniors entering an accredited college or university. NAMAD members will have the opportunity to select a dealership employee to participate in the program.
"The Fueling Careers Program is designed to help ethnic minority high s\\chool students get the edge they need to fuel their educations, their goals and their careers," said Tony Graham, chief customer experience officer and co-chair Corporate Responsibility Council at CDK Global. "We are honored to work with NAMAD to create this program that can really make a difference in a young personâ€™s life."
"At NAMAD we strive to build a strong pipeline of future talent for the automotive industry," said Damon Lester, NAMAD president. "CDK Global and NAMAD have a long history of working together to support our minority dealer community, and this program is a very innovative way to identify and grow talent from within our minority dealer body."
CDK Global is initiating the program with a three-year commitment that includes $150,000 in scholarship funding. The initiative demonstrates CDK Global and NAMADâ€™s shared commitment to helping build strong leaders and a strong pipeline of minority talent for the next generation.
The scholarship application and award process will be managed by International Scholarship and Tuition Services, Inc. (ISTS), and award recipients will be selected based upon both academic merit and financial need. Dealership managers with high school students will complete an online application and must satisfy all eligibility requirements. Applications and program information can be found at http://programs.applyISTS.com/FuelingCareers.
About CDK Global
With more than $2 billion in revenues, CDK Global (Nasdaq: CDK) is a leading global provider of integrated information technology and digital marketing solutions to the automotive retail and adjacent industries. Focused on evolving the automotive retail experience, CDK Global provides solutions to dealers in more than 100 countries around the world, serving more than 27,000 retail locations and most automotive manufacturers. CDKâ€™s solutions automate and integrate all parts of the dealership and buying process from targeted digital advertising and marketing campaigns to the sale, financing, insuring, parts supply, repair and maintenance of vehicles. Visit www.cdkglobal.com
About The National Association of Minority Automobile DealersM
The National Association of Minority Automobile Dealers' (NAMAD) objective is to pursue the meaningful presence and participation of minority businesses and diverse employees across all aspects of the automotive economic sector, including:
- Increasing the number of minority-owned dealerships in communities across America.
- Advocating workplace and supplier diversity in the automotive manufacturing environment.
- Supporting minority engagement in the automotive retail sales and service sectors.
We are committed to developing strategic relationships and advocating for the advancement of business policies and practices that ensure diversity and economic parity remain a priority in all aspects of the American automotive industry.
NAMAD is a 501(c)(3) non-profit, tax-exempt organization headquartered in the Washington, D.C. area. For information on National Association of Minority Automobile Dealers visit www.namad.org.
About International Scholarship and Tuition Services, Inc. (ISTS)
Founded in 1985, International Scholarship and Tuition Services, Inc. provides comprehensive scholarship, grant, tuition assistance and tuition reimbursement program management. ISTS is a 100% women-owned company, focused on offering cutting-edge technology and sustainable solutions to corporations, foundations, associations, unions and other scholarship-granting organizations worldwide. For more information about ISTS, visit http://www.applyISTS.com.