Binggrae Public Welfare Foundation Awards 60 Million Won in Scholarships to Descendants of Independence Patriots

Payment to 45 Recipients at the 2024 Award Ceremony

Binggrae Public Interest Foundation held the 2024 Scholarship Award Ceremony for Descendants of Independence Patriots in collaboration with the Ministry of Patriots and Veterans Affairs, awarding scholarships totaling 60 million KRW to 45 students this year.

On the afternoon of the 24th, officials are taking a commemorative photo at the '2024 Independence Merit Descendants Scholarship Award Ceremony' held at the Baekbeom Kim Gu Memorial Hall located in Yongsan-gu, Seoul.
[Photo by Binggrae Public Interest Foundation]

The scholarship recipients were selected through recommendations from the Ministry of Patriots and Veterans Affairs among the descendants of independence patriots who devoted themselves to the country's independence. 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 2018 and has been conducting the scholarship program for descendants of independence patriots annually. Through the first scholarship program, 135 descendants received a total of 180 million KRW in scholarships. During the second scholarship program period, scholarships totaling 300 million KRW will be awarded to 225 students. Over the course of the first and second scholarship programs, a total of 360 students will receive 480 million KRW in scholarships over eight years.

Binggrae Public Interest Foundation was established in February 2011 by Binggrae to promote a culture of donations among individuals and corporations, and to systematize and enhance the efficiency of Binggrae’s social contribution programs for more active public interest activities. The scholarship program for descendants of independence patriots began from the long-standing interest and efforts of Kim Ho-yeon, chairman of Binggrae, who is the foundation’s founder, in promoting independence movement projects. Chairman Kim, the grandson-in-law of Baekbeom Kim Gu, personally donated funds to establish the Kim Gu Foundation, and has actively supported various independence patriot support projects through roles such as vice chairman of the Baekbeom Kim Gu Memorial Association, chairman of the Lee Bong-chang Memorial Association, and director of the Independence Hall of Korea.

A representative of Binggrae Public Interest Foundation stated, "We hope that the scholarship award ceremony held in this meaningful year marking the 105th anniversary of the March 1st Movement and the establishment of the Provisional Government of the Republic of Korea will serve as an opportunity to remember the noble spirit and will of the independence patriots who devoted themselves to the nation, and to spread gratitude and respect." They added, "We will continue the scholarship program steadily to widely promote the value of honoring patriots."

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