Ilju Academic and Cultural Foundation Holds 'Fund Delivery Ceremony for Educational Support Project for Families with Disabilities'

[Asia Economy Reporter Hwang Yoon-joo] Taekwang Group announced on the 13th that it will support 240 million KRW this year for psychological treatment expenses, arts and physical education activity expenses, and more for youth with family members with disabilities, such as parents and siblings. Taekwang Group started the education support project for families with disabilities in 2018, providing 900 million KRW through the Iljoo Academic and Cultural Foundation and 200 million KRW from its media affiliate TRN, totaling 1.1 billion KRW. Over four years, including this year, it will have donated a total of 1.34 billion KRW.

On the 12th, Taekwang Group’s Iljoo Academic and Cultural Foundation held the '2021 Education Support Project for Families with Disabilities Delivery Ceremony' with the Purme Foundation. The event took place in the large conference room on the 4th floor of the Purme Foundation in Singyo-dong, Jongno-gu, Seoul, attended by Iljoo Foundation Chairman Heo Seung-jo and Purme Foundation Chairman Kang Ji-won, along with other related officials.

Taekwang Group’s education support for families with disabilities is now in its fourth year and is a project in partnership with the Purme Foundation to support education expenses for families with disabilities, including parents and siblings. Most welfare programs for the disabled provide direct assistance only to the disabled themselves, and cases like Taekwang Group’s support for the education expenses of siblings and children of disabled persons are rare, except for comprehensive welfare center programs operated by city or county governments, leaving this area largely a welfare blind spot.

This year, as in the previous year, 90 individuals will be selected, including 30 children under 18 with disabled parents and 60 middle and high school students who have disabled siblings. A total of 135 million KRW will be provided as academic support and arts education expenses, up to 2 million KRW per person annually.

Families wishing to apply can do so by April 16 through social welfare institutions (including facilities and organizations), medical institutions, or local administrative agencies capable of case management. Required documents and other details can be found on the Purme Foundation website.

T-commerce ShoppingNT, operated by TRN (CEO Min Taek-geun), a media affiliate of Taekwang Group, has also participated in the 'Iljoo Foundation-Purme Foundation Education Support Project for Families with Disabilities' since 2019, sponsoring 100 million KRW annually for psychological treatment support for 60 individuals.

Heo Seung-jo, Chairman of the Iljoo Foundation, said, "We will continue to do our best to faithfully fulfill our role as a public interest foundation that discovers and supports various welfare blind spots."

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