KSD Nanum Foundation of Korea Securities Depository Launches Self-Reliance Support Project for Vulnerable Groups

Selected 5 Projects Through Public Contest
Plan to Support Each with 50 Million KRW

The Korea Securities Depository KSD Nanum Foundation announced on the 27th that it plans to support five selected projects with 50 million KRW each through a public contest process for self-reliance support projects targeting vulnerable groups.

Through the self-reliance support projects for vulnerable groups, the KSD Nanum Foundation has appointed the Community Chest of Korea as the project operating organization to discover and support customized projects aimed at strengthening the self-reliance foundation of vulnerable groups and resolving welfare blind spots.

Through this public contest, the KSD Nanum Foundation selected one project supporting people with developmental disabilities, one project supporting foreign migrant workers, and three projects supporting the new middle-aged generation. The foundation plans to sponsor each selected project with 50 million KRW and conduct the projects for one year, with the possibility of up to three years of support based on performance evaluation if the project outcomes are excellent.

Since 20019, the 'Maeumi-eum Public Contest Project' has continuously supported a total of 14 projects with an accumulated amount of 970 million KRW.

Lee Sun-ho, Chairman of the KSD Nanum Foundation, stated, "We will continue to explore various support measures for vulnerable groups and strive to fulfill corporate social responsibility."

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