The Karl Valentin Order was established by the Carnival club Munich Society Narrhalla e.V. on the occasion of its 80th anniversary. It was awarded for the first time in 1973. The Karl Valentin Order commemorates the legendary Bavarian humorist Karl Valentin (1882–1948). According to the foundation's protocol, the medal is awarded to a personality from art, politics, science, literature or sport for a humorous and profound comment or deed, for extraordinary work as an artist or to an outstanding figure in public life. The award ceremony takes place at the beginning of each year as part of the Narrhalla Soirée in the Deutsches Theater Munich. Source: Wikipedia (en)