Public-Private Partnership Neighbor Aid 'Bucheon On (溫) Maeum Fund' Launches
The public-private partnership neighborhood assistance project in Bucheon-si, Gyeonggi Province, called the 'Bucheon On(溫)Maeum Fund,' has been launched.
On the 28th, the city held the launch ceremony for the 'Bucheon Onmaeum Fund' at the Small Theater of Bucheon Art Center with fundraising organizations, social welfare facility workers, and the Dong Community Security Council, the city announced on the 31st.
At the event, the city announced the fund promotion plan and signed a business agreement for project implementation with the Gyeonggi Social Welfare Community Chest, Bucheon Hope Foundation, and Bucheon City Social Welfare Council.
On the 28th, the launch ceremony of the 'Bucheon On(溫) Heart Fund' is being held at the Small Theater of Bucheon Art Center. 2025.3.28 Provided by Bucheon City
View original imageThe Bucheon Onmaeum Fund is a public-private cooperative welfare resource system with publicness and transparency aimed at solving local welfare issues, improving upon the existing one-time and charity-centered neighborhood assistance methods. The donated funds will be shared with private social welfare facilities and related organizations and will be used transparently and efficiently through public contest projects for single-person households, welfare blind spots, multicultural families, and more.
The city plans to form a fund operation council with fundraising organizations and private experts to discuss the direction of fund usage and strengthen transparency and fairness through disclosure of the donation execution process and a systematic management system. Donor appreciation will also be enhanced. Customized presentation ceremonies will be prepared for each donor, and performance reporting sessions and sponsorship day events will be held to share the results of the use of donated funds.
This year, through a fund contest worth about 200 million KRW in the first half of the year, the city plans to promote various projects to solve welfare issues in the Bucheon area in cooperation with the private sector.
Hot Picks Today
If They Fail Next Year, Bonus Drops to 97 Million Won... A Closer Look at Samsung Electronics DS Division’s 600M vs 460M vs 160M Performance Bonuses
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- [Breaking] KOSPI Surges Over 8%, Breaks Through 7,800 Points
- Taiwan Unveils Bold Plan: Monthly Allowance for Children Under 18 to Tackle Low Birth Rate
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Jo Yong-ik, mayor of Bucheon, said, "The 'On(溫) Store,' which gave hope to the 'ramyeon credit youth' recently reported in the media, was a project promoted with private donations," adding, "We will actively strive to ensure that second and third Onstore projects can emerge through the newly launched 'Bucheon Onmaeum Fund.'"
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.