Chorokbaem Media Donates 5 Billion KRW to 'Good Way With Us Hope Fund'... "Starting Social Contribution Activities"
[Asia Economy Reporter Yoo Hyun-seok] Chorokbaem Media, together with its affiliates and the family of its largest shareholder, launched the 'Good way with us Hope Fund' and began full-scale social contribution activities by donating to the Seoul Social Welfare Community Chest (hereinafter ‘Seoul Fruit of Love’).
Chorokbaem Media announced on the 28th that it has pledged a donation of 5 billion KRW to ‘Seoul Fruit of Love’ along with its largest shareholder (Chairman Won Young-sik’s family) and affiliates ‘Chorokbaem Company’ and ‘Wooridle Hubrain,’ becoming the 11th nationwide ‘Korean-style Donor Customized Fund.’
The newly pledged ‘Good way with us Hope Fund’ will be primarily used for medical and scholarship projects. Based on donations from Chorokbaem affiliates, additional contributions will be raised from individuals and companies to expand social contribution projects.
At the donation ceremony, Chairman Won Young-sik of Chorokbaem Media was joined by his wife Kang Soo-jin and son Won Sung-jun, who are Family Honorees. Also attending were Kim Sang-heon and Choi Jin-wook, CEOs of Chorokbaem Media; Shin Beom-yong, CEO of Wooridle Hubrain; and Yoon Young-seok, Chairman of Seoul Fruit of Love, among other officials.
On the same day, Chorokbaem Media, along with affiliates Chorokbaem Company and Wooridle Hubrain, also joined as the 21st, 22nd, and 23rd Sharing Distinguished Companies, pledging active participation in creating social value.
Chairman Won Young-sik of Chorokbaem Media said, “Since 2003, we have supported the living expenses of about 20 elderly living alone and single-parent families annually through regular donations to low-income groups. Since 2012, Chorokbaem affiliates have united to expand the donation projects of the Junior Scholarship Association, which has helped about 30 students each year. Going forward, Chorokbaem affiliates will continue to fulfill corporate social responsibility and steadily participate in donations to overcome difficulties in local communities together.”
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Yoon Young-seok, Chairman of Seoul Fruit of Love, said, “This Hope Fund is especially meaningful as it was established through the voluntary participation of Chairman Won Young-sik’s family, the first family honoree society members in Korea, and Chorokbaem Media affiliates. The virtuous donations of companies can bring great hope to neighbors in need within local communities.”
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