Binggrae Public Interest Foundation Awards Scholarships to Descendants of Independence Patriots

Payment of 60 million KRW to 45 people
Selected upon recommendation from the Ministry of Patriots and Veterans Affairs

Binggrae Public Interest Foundation announced on the 26th that it held the 2023 Scholarship Award Ceremony for Descendants of Independence Patriots hosted by the Ministry of Patriots and Veterans Affairs and awarded a total of 60 million KRW to 45 scholarship recipients.

Scholarship recipients and officials are posing for a commemorative photo at the scholarship award ceremony for descendants of independence activists hosted by the Binggrae Public Interest Foundation.
[Photo by Binggrae Public Interest Foundation]

The scholarship recipients were selected upon recommendation by the Ministry of Patriots and Veterans Affairs from among the descendants of independence patriots who devoted themselves to the country’s independence. Previously, to commemorate the 100th anniversary of the March 1st Movement and the establishment of the Provisional Government of the Republic of Korea, Binggrae Public Interest Foundation signed a business agreement with the Ministry of Patriots and Veterans Affairs in 2019 and has been conducting the scholarship program for descendants of independence patriots annually.

Through the first scholarship program, 135 descendants of independence patriots received a total of 180 million KRW in scholarships, and during the second scholarship program period, 225 recipients were awarded 300 million KRW. Over the course of 8 years through the first and second scholarship programs, a total of 360 people will be supported with scholarships amounting to 480 million KRW.

Binggrae Public Interest Foundation was established in February 2011 by Binggrae with the purpose of promoting a culture of donations among individuals and corporations, and to develop more active public interest activities through the systematization and efficiency of Binggrae’s social contribution programs. Chairman Kim Ho-yeon of Binggrae showed special interest in independence patriots and initiated the scholarship program for their descendants.

Chairman Kim, the grandson-in-law of Baekbeom Kim Gu, established the Kim Gu Foundation by donating his private assets, and has been actively involved in various support projects for independence patriots through his roles as chairman of the Lee Bong-chang Memorial Association, vice chairman of the Baekbeom Kim Gu Memorial Association, and director of the Independence Hall. In recognition of these contributions, he received the Patriots and Veterans Culture Award from the Ministry of Patriots and Veterans Affairs (currently the Ministry of Patriots and Veterans Affairs).

A representative of Binggrae Public Interest Foundation stated, "We will continue the scholarship program so that the noble spirit and will of the independence patriots are remembered and that feelings of gratitude and respect can spread widely."

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