KSD Nanum Foundation Holds Donation Ceremony for Support Fund of Vulnerable Groups' Self-Reliance Support Project

[Asia Economy Reporter Oh Ju-yeon] The KSD Nanum Foundation of Korea Securities Depository (KSD) announced on the 4th that it delivered a sponsorship fund of 200 million KRW for the 'KSD Mind Connection Support Project' to the executing organization, the Community Chest of Korea, at the KSD Seoul office on the 3rd.

(From right) Lee Myung-ho, Chairman of KSD Sharing Foundation at Korea Securities Depository, Kang Joo-hyun, Head of Gyeonggi Northern Branch of Community Chest of Korea

This project was conducted to support the social and economic independence of vulnerable groups such as people with disabilities, children, and youth, and to improve their quality of life by soliciting and sponsoring a 'customized support project for beneficiaries.' It aims to raise social interest and provide support for vulnerable social welfare areas such as people with disabilities and children and youth leaving facilities, who face difficulties due to the COVID-19 pandemic.

Among a total of 65 institutions that applied through the Community Chest of Korea, five institutions were finally selected after screening: three related to people with disabilities and two related to children and youth. Each selected institution will receive 40 million KRW in sponsorship funds and will carry out customized support projects for the respective beneficiaries until August next year.

Lee Myung-ho, Chairman of the KSD Nanum Foundation, stated, "It is necessary to carefully look after and support our neighbors who are going through difficult times due to COVID-19." He added, "The KSD Nanum Foundation will continue efforts to discover and support blind spots in social welfare in our society."

This content was produced with the assistance of AI translation services.