Blue Nanum Foundation Donates 20 Million Won to Low-Income Youth

[Asia Economy Reporter Hyungsoo Park] The Blue Nanum Foundation, established by KH Group, has awarded scholarships to low-income youth athletes.

On the 24th, the Blue Nanum Foundation announced that it held a scholarship award ceremony for the '2022 Blue Nanum Foundation Sports Dream Tree Scholarship Support Project' at the KH Group headquarters in Nonhyeon-dong, Seoul. The ceremony was attended by Yang Jong-ok, President of KH Sports Team, Ko Jong-su, Vice President of KH Sports Team, and Song Dae-nam, Director of KH Philux Judo Team.

Scholarships were awarded to a total of 20 young athletes: 10 judo dream talents from elementary, middle, and high school levels, and 10 soccer dream talents from the same levels. The recipients were selected based on criteria such as recipients of basic livelihood security, single-parent families, low-income households, achievements in national or city/provincial competitions, and recommendations from school principals.

The Blue Nanum Foundation's Sports Dream Tree Scholarship Support Project had previously focused on low-income judo youth talents until last year. From this year, to expand the scholarship scale, soccer youth talents were also included. A representative of the Blue Nanum Foundation explained, "We expanded the scope and scale of scholarships, which were previously limited to specific sports, to ensure that soccer dream talents do not give up soccer due to difficult circumstances."

The Blue Nanum Foundation is actively engaged in various social contribution activities such as returning corporate profits to society, revitalizing less popular sports, and discovering athletic talents. It has provided 100 million KRW to vulnerable groups and medical staff affected by COVID-19, donated men’s and women’s thermal underwear to Yeonggwang County in Jeollanam-do and Daegwallyeong-myeon in Pyeongchang County, Gangwon-do, and contributed masks to the Seoul Social Workers Association, military units, and school foundations to support community development. In particular, Chairman Bae awarded a total of 500 million KRW in prize money and additional encouragement funds last year to athletes Jo Guham and Ahn Changrim, who won medals at the 2020 Tokyo Olympics.

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