Hyundai Motor Company Delivers Support Funds to Outstanding Car Masters and Children of Traffic Accident Victims

'Matching Grant Method' Total 20 Million Won Support for Traffic Accident Victims Delivered by 'Hope VORA'

[Asia Economy Reporter Yu Je-hoon] Hyundai Motor Company, together with outstanding Car Masters nationwide, raised and delivered sponsorship funds to support children of traffic accident victims.

Hyundai Motor announced on the 3rd that it held the 'Traffic Accident Victims' Children Asset Formation Sponsorship Fund Delivery Ceremony' on the afternoon of the 2nd at Hyundai Motor's Yeongdong-daero headquarters. Attendees at the ceremony included Jung Won-dae, Executive Director of Hyundai Motor's Domestic Support Business Division, Choi Jin-seong, Sales Manager of Seodaemun Central Branch, Jo Kyung-soo, Director of Planning Headquarters at Korea Transportation Safety Authority, and Kim Young-jun, Secretary General of the Hope Volunteer Group for Traffic Accident Victims Support.

The sponsorship fund was raised through a matching grant method, where 13 outstanding Hyundai Car Masters voluntarily saved part of their sales commissions amounting to 10 million KRW, and Hyundai Motor added an additional 10 million KRW. The total sponsorship fund of 20 million KRW delivered that day will be used through Hope VORA, established to support traffic accident victims, to provide economic independence foundations such as education expenses, housing costs, and employment funds for children of traffic accident victims.

Meanwhile, Hyundai Motor also raised a fund of 20 million KRW in 2019 through a matching grant method with Car Masters and delivered it to the Green Umbrella Children’s Foundation to support medical expenses for children with rare diseases. A Hyundai Motor official said, "We are pleased to use the sponsorship funds saved this year for neighbors in need, following 2019," and added, "We will continue various sharing activities that can help marginalized neighbors in our society."

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