"We Won't Stop for the Next Generation" ... Goseong Wonwoo Scholarship Foundation Donates 25.2 Million Won Again This Year

Park Chang-hong, Chairman of Wonwoo Scholarship Foundation.

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Seryeong] The Wonwoo Scholarship Foundation in Goseong-gun, Gyeongnam, has once again awarded scholarships totaling 25.2 million KRW to local students this year.

On the 14th, 24 students from Gyeongnam Aviation High School, Goseong High School, Goseong Jungang High School, and Chilseong High School each received 300,000 KRW, and 18 university students recommended by town and township heads were given 1 million KRW each.

Chairman Park Changhong said, “Using the profits earned through business management as scholarships for the next generation is the greatest reward,” adding, “Although I am over 80 years old, I will not stop this work and will continue until the end.”

The Wonwoo Scholarship Foundation was established in 1977 by Park Inkyu, the father of Chairman Park, and in 1994 it was officially recognized as a foundation. Brothers Park Changhong and Park Changhak contributed 100 million KRW to start its operation.

The scholarship funds are prepared with additional contributions from Daechang Construction, managed by the brothers, and since its establishment, scholarships have been awarded every year without fail.

On March 25th, Chairman Park Changhong donated 10 million KRW in scholarships to his alma mater, Hoihwa Middle School, and to date, a total of 742.63 million KRW has been awarded to 946 local high school students and 646 university students.

Chairman Park said, “We must expand learning opportunities for students facing economic difficulties and help children grow into important talents for the nation.”

Chairman Park Changhong served as a member of the Gyeongnam Provincial Assembly in its 4th and 5th terms and was recognized for his contributions to youth guidance projects and fostering local talent through social activities, receiving the Presidential Citation and the 2016 Gyeongnam Education Award.

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