Kim Byung-joon, Chairman of the Community Chest of Korea, emphasized establishing an ethical management promotion system and strengthening its social role through innovative growth on the occasion of the 25th anniversary of its founding.


Kim Byung-jun, Chairman of Sarangui Yeolmae, Announces 'Ethical Management and Innovative Growth' View original image

On the 8th, Chairman Kim stated at the proclamation ceremony held at the Community Chest of Korea headquarters in Jung-gu, Seoul, "We will establish an ethical management promotion system to ensure that a fair and transparent culture of sharing is established and spread," adding, "Through innovative growth, we will strengthen the social role of the Community Chest of Korea as the nation's leading sharing platform and become the most trusted institution by the public."


On this day, the Community Chest of Korea declared this year as the inaugural year of practicing ethical management and announced its ethical management framework. The foundation of ethical management is built on principles such as ▲participation and decentralization of authority ▲autonomy and social responsibility ▲transparency and openness ▲trust and cooperation. Next year, the organization plans to stabilize ethical management by internalizing ethical management, discovering best practices, establishing a monitoring system, and activating a regular audit system.


It will also pursue innovative growth. Marking its 25th anniversary, the organization aims to lay the groundwork for an era of 1 trillion won in fundraising and strengthen its role as a social asset leading private welfare. It has identified 15 innovation tasks across four major areas: ▲spreading a culture of donation in daily life ▲enhancing the function of proposing social issues and consulting ▲resolving welfare blind spots and enhancing the social value of distribution projects ▲building an innovative organizational system for future leaps, and has prepared detailed implementation plans for these tasks.



Founded in 1998 under the Community Chest of Korea Act, the Community Chest of Korea is the largest legally authorized specialized fundraising and distribution institution in the country. Last year, its annual fundraising amount was 792.5 billion won. Attendees at the proclamation ceremony included Chairman Kim, Kim Jae-rok, head of the Seoul branch, Hwang In-sik, Secretary General, Kim Hyung-cheol, director, Park Young-sook, executive committee member of the distribution division, Park Yong-hoon, head of the Incheon Community Chest of Korea office, and Kim Soo-mi, co-chair of the labor-management council.


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

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