On 19 December 1949, Kurt Pfeiffer[de] presented to the reading group "Corona Legentium Aquensis", which he had founded, his proposals for the prize: "We have the honour of proposing annual presentation of an international prize for the most valuable contribution in the services of Western European understanding and work for the community, and in the services of humanity and world peace. This contribution may be in the field of literary, scientific, economic or political endeavour."
The sponsors of the prize, the city of Aachen, refer to Charlemagne as the "Founder of Western Culture", and assert that under his reign, the city of Aachen was once the spiritual and political centre of the whole of what is now western Europe.
Following the presentation of the award to the Italian Prime Minister Alcide de Gasperi in 1952, the International Charlemagne Prize of the City of Aachen has repeatedly sent messages going far beyond Germany and promoting the "unity of Europe".
The sponsors promote that the Charlemagne Prize is not only an expression of gratitude for lasting services for the unity of Europe, but also an encouragement and an expression of hopes and expectations directed towards the future. They quote Kurt Pfeiffer: "the Charlemagne Prize reaches into the future, and at the same time it embodies an obligation – an obligation of the highest ethical value. It is directed at a voluntary union of the European peoples without constraint, so that in their newfound strength they may defend the highest earthly goods – freedom, humanity and peace – and safeguard the future of their children and children's children."
In April 2008, the organisers of the Charlemagne Prize and the European Parliament jointly created a new European Charlemagne Youth Prize, which recognises contributions by young people towards the process of European integration.
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