The Founding General Meeting of the WooDang Lee Hoe-Young Education and Culture Foundation Supporters Association Held
Over 50 Entrepreneurs Participate... Annual Yeongseok Award and WooDang Award Presented

[Asia Economy Reporter Seo Mideum] The Udang Lee Hoe-young Education and Culture Foundation will hold the inaugural general meeting of its support association on the 10th at the underground Sinheung Military Academy Academy in Namsan Yejang Park.


The support association is composed of businesspeople who take the lead in raising funds necessary for the independence movement history research scholarships and the Udang Award and Yeongseok Award presented by the Udang Foundation. Jo Jun-hee, chairman of the Korea Software Industry Association, proposed the establishment of the support association to help the independence movement history research project, and more than 50 businesspeople participated, making it successful.


Since its establishment as a scholarship corporation in 1984, the Udang Education and Culture Foundation has provided scholarships to descendants of independence activists living in difficult conditions. However, since 2019, considering the government's care for descendants of national merit recipients, the target was changed to university students researching independence movement history.


Seoul City officially opened the newly created Namsan Yejang Park and the Udang Lee Hoe-yeong Memorial Hall at the foot of Namsan Yejang on June 9. Seoul City announced that it demolished the former 'Central Intelligence Agency 6th Bureau' building and the TBS Traffic Broadcasting building, which obstructed the natural scenery of Namsan, and created a green park covering 13,036㎡ (approximately 7,000 pyeong) in their place. Photo by Yoon Dong-joo doso7@

Seoul City officially opened the newly created Namsan Yejang Park and the Udang Lee Hoe-yeong Memorial Hall at the foot of Namsan Yejang on June 9. Seoul City announced that it demolished the former 'Central Intelligence Agency 6th Bureau' building and the TBS Traffic Broadcasting building, which obstructed the natural scenery of Namsan, and created a green park covering 13,036㎡ (approximately 7,000 pyeong) in their place. Photo by Yoon Dong-joo doso7@

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The Yeongseok Award was established to honor the devoted patriotism of Yeongseok Lee Seok-young, a leading wealthy figure of his time, who invested his entire fortune after the Gyeongsul National Humiliation to establish and operate the Sinheung Military Academy. It awards exemplary businesspeople in social service activities. The Udang Award was established to inherit the spirit of independence activism of Udang Lee Hoe-young.


Chairman Lee Jong-chan said, "The spirit of the independence movement is the most precious heritage in our history and the prototype of the national spirit we aspire to," adding, "Taking the founding of the support association as an opportunity, we will promote various programs to spread the spirit of the independence movement and raise historical awareness."



The Udang Foundation plans to recruit Chairman Jo Jun-hee and Chairman Song Byung-jun of Com2uS Group as directors at the general meeting to be held at the end of November.


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

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