Chorokbaem Media Accelerates Donation Projects with Affiliates: "Launching Good way with us Hope Fund with Community Chest of Korea"
[Asia Economy Reporter Hyunseok Yoo] Chorokbaem Media is set to actively engage in social contribution by promoting donation projects together with its largest shareholders and affiliates. On the 19th, Chorokbaem Media announced plans to launch the 'Good way with us Hope Fund' through the Community Chest of Korea, jointly funded by its affiliates 'Chorokbaem Company' and 'Wooridle Hubrain' as well as the families of its largest shareholders.
The Good way with us Hope Fund will focus on social contribution projects centered on medical and scholarship programs. Based on donations from Chorokbaem affiliates, the fund plans to expand its projects by receiving additional contributions from individuals and corporations.
A Chorokbaem Media representative stated, "This Hope Fund contribution was made by Chorokbaem affiliates to further expand the donation projects of the Junior Scholarship Association, which has been operated since 2012, led by Chairman Won Young-sik’s family, the first family member of Korea’s Honor Society." He added, "The Junior Scholarship Association has supported students from underprivileged backgrounds not only with tuition but also with living expenses, enabling them to focus on their studies, helping about 30 students annually over more than ten years."
He continued, "The Junior Scholarship Association has provided practical support to scholarship students, including fully covering medical expenses when their family members suffered from serious illnesses. Recently, it fully supported a liver transplant surgery needed by the father of one scholarship student due to cirrhosis," he added.
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Given the growing importance of corporate social responsibility, Chorokbaem affiliates plan to continue supporting vulnerable groups, using this donation project as a starting point, the company explained.
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