Gwangyang City Children's Care Foundation Supports One Instrument Per Child Arts Education

Opened the First Foundation Steering Committee Meeting of 2022 and Discussed 2023 Projects and Fund Management Plans

[Asia Economy Honam Reporting Headquarters, Reporter Heo Seonsik] The Jeonnam Gwangyang City Children’s Care Foundation (hereinafter referred to as the Care Foundation) announced that it held the first steering committee meeting of 2022 on the 15th at the Multipurpose Room of the Childcare Comprehensive Support Center.

The steering committee meeting, attended by Chairman Kang Yongjae and seven other members, discussed the agenda scheduled for the board meeting in December in advance and gathered various opinions related to the foundation’s operations.

The main topics included reporting on the achievements of the 2022 projects and the current status of the 4.8 billion KRW fund, as well as discussing the 2023 project plan (draft) and fund management measures in response to the interest rate hike.

In particular, due to the base interest rate increase, it was decided to prematurely terminate the existing low-interest fixed deposits of 3.7 billion KRW and adopt a fund management plan that guarantees high-interest returns.

Additionally, the meeting explained and discussed 14 project plans (requiring 1.364 billion KRW), including the new 2023 projects: the “One Instrument per Child Arts Education Support Project” and the “24-Hour Childcare Support Service Project.”

The “One Instrument per Child Arts Education Support Project” is a program that purchases musical instruments to support childcare facilities in the region so that every child in Gwangyang City can experience playing a musical instrument for the first time in their life. It also appoints and dispatches instructors and supports their fees.

Especially, the “Creativity Boost, AI Robot Assistant Teacher Support Project,” planned to be promoted in its second phase this year, is a project that supports customized education so that children can experience AI-based robots and have them act as assistant teachers. It has shown high satisfaction in childcare settings.

Chairman Kang Yongjae said, “Since the foundation was established five years ago, a certain amount of funds must be secured continuously and stably to carry out projects. Going forward, we will analyze the effectiveness to prevent precious donations from being wasted, improve any issues, and promote the content and achievements of the projects well so that more citizens can empathize with the necessity of the foundation.”

Director of Education and Childcare Lee Hwayeop said, “Although public interest in the Care Foundation has somewhat declined recently, we will increase communication opportunities such as public forums to diagnose past achievements and challenges, creating an atmosphere for the Care Foundation to restart. We will continue to discover and promote necessary childcare policies outside the institutional framework with citizens’ consent.”

Asia Economy Honam Reporting Headquarters, Reporter Heo Seonsik hss79@asiae.co.kr

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