KUBS News

Yangyoung Foundations donates twenty million won for KUBS scholarship
Dec 26, 2018
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Yangyoung Foundations donates twenty million won for KUBS scholarship

Passionate affection of KUBS alumni towards the university and students continues to go on. On December 26 (Wed) 15:00, there was a donation ceremony for Yangyoung Foundations (Board President=Mr. Sangha Kim) which donated twenty million won to KUBS.
 
 
 
General Manager of Yangyoung Foundations Mr. Sunghoon Hong (Executive MBA 1st class), KUBS Dean Jae Wook Kim, Vice President for Development and External Affairs Byung Hyun Yoo, Associate Dean Joong Hyuk Kim attended the ceremony. The ceremony had the following order of events: △Deed of covenant delivery △Certificate of donation delivery △Appreciation plaque delivery △Group photos and △Confabulation. This scholarship fund donated by the Yangyoung Foundations will be used for academic scholarship for students in the future.

General Manager of Yangyoung Foundations Mr. Sunghoon Hong showed his pride and warm heart towards the school and juniors by saying “There are many students who cannot solely strive hard on their studies, but KUBS manages scholarship that even supports their living expenses, which I think is magnificent.” 

KUBS Dean Jae Wook Kim showed his gratitude by saying “I would really like to appreciate the Yangyoung Foundations for providing donations for students with love and affection, and I believe it is significant to directly convey my compliments with this opportunity”.
 
 
Yangyoung Foundations have been donating to KUBS since 2006, and a total of 82 students have been receiving support by over 280,000,000 won of cumulative contributions.

Yangyoung Foundations was established in 1939 by Mr. Yeonsoo Kim, the younger brother of Mr. Seonsoo Kim who founded Korea University, and is the first private education foundation in Korea. It has been supporting 9,141 students and 480 professors for their scholarship and research funds since 2006, honoring Mr. Sanghong Kim (Department of Commercial Science-Class of 1941)’s wish, the third son of Mr. Yeonsoo Kim.