HDC Hyundai Development Company Employees Donate 150 Million Won from Spare Change Fundraising

[Asia Economy Reporter Yoo In-ho] HDC Hyundai Development Company announced on the 29th that it has donated approximately 155 million KRW collected from employees' spare change donations to organizations including the Green Umbrella Children’s Foundation.

Since 2015, HDC Hyundai Development Company has been collecting the balance under 10,000 KRW from employees' monthly net salaries through the voluntarily participated "Spare Change Sharing Love Practice Campaign."

The company matched the amount donated by employees through a matching grant system, raising a total of approximately 155 million KRW this year.

HDC Hyundai Development Company received recommendations for donation recipients from employees participating in the sharing activities and, through voting, decided to donate the collected funds to 10 organizations including the Green Umbrella Children’s Foundation, Social Welfare Fundraising Association, Takteen Naeil Foundation, Cloth Monkey Movement Headquarters, Small Cultural Community Dasol, Korea Volunteer Culture, Jack and the Beanstalk, Korea Youth Foundation, BF World, and Korea JTS.

This year, to prevent the spread of the novel coronavirus disease (COVID-19), the donation was delivered non-face-to-face without a separate presentation event.

Jo Seok-gon, manager at the Suwon Central I-Park Xi site participating in the Spare Change Sharing Love Practice Campaign, said, "It is especially meaningful that the Green Umbrella Children’s Foundation, which we recommended, was finally selected as the donation recipient through colleagues' votes," and added, "Although it is a difficult time for everyone due to COVID-19, I am grateful that the sincerity of employees has come together to deliver love to neighbors in need."

Meanwhile, HDC Hyundai Development Company is actively promoting social contribution activities, including the "Spare Change Sharing Love Practice Campaign," in line with the group slogan "Belief in a Better Life."

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