Hyundai Motor Chung Mongkoo Foundation Holds Korea-Japan Foundation Exchange Event

Sharing Cases and Operational Strategies of Public-Interest Foundations in Both Countries

The Hyundai Motor Chung Mongkoo Foundation announced on the 16th that it held the Korea-Japan Foundation Exchange Day on the 15th at Ondream Society in Myeongdong, Jung-gu, Seoul.

The foundation organized this event to establish a sustainable basis for cooperation between private public-interest foundations in Korea and Japan, and to share examples of public-interest activities and operational strategies of major foundations from both countries.

Key officials from major Korean foundations attended the event, including the Hyundai Motor Chung Mongkoo Foundation, Community Chest of Korea, KDB Nanum Foundation, Seoul Scholarship Foundation, Shinhan Financial Hope Foundation, Asan Nanum Foundation, Korea Foundation, and Haengbok Nanum Foundation. From Japan, about 60 participants were present, including representatives from the Nippon Foundation, Japan Foundation, Toyota Foundation, and ETIC.

The Hyundai Motor Chung Mongkoo Foundation held a Korea-Japan Foundation exchange event on the 15th at Ondream Society in Myeongdong, Seoul. Officials attending the event are taking a commemorative photo. Photo by Hyundai Motor Chung Mongkoo Foundation

The event featured presentations on the development process and major challenges faced by Korean public-interest foundations, as well as sessions sharing the history and institutional characteristics of Japanese public-interest foundations. In addition, representatives from each foundation introduced their philosophies and business operations, providing an opportunity for in-depth information exchange and discussion.

The Japanese side introduced the structure and role of the "Japan Foundation Center" as a cooperation hub among public-interest foundations, presenting new insights and challenges for the Korean public-interest ecosystem.

Jung Moosung, Chairman of the Hyundai Motor Chung Mongkoo Foundation, stated, "This exchange marks a valuable first step for public-interest foundations in Korea and Japan to deeply understand each other and seek forward-looking cooperative relationships," adding, "I hope today's exchange will become the starting point for joint prosperity in Northeast Asia and, furthermore, a leading example of social innovation in Asia."

Tone Hideo, Program Director of the Toyota Foundation, said, "Through this exchange, it was a meaningful opportunity to gain a deep understanding of each other's philosophies and experiences," and expressed hope for continued exchange and cooperation in the future.

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