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Donation Programs

Donation Program

The Korea Foundation is

on the forefront in introducing Korea to the international community and making friendship withpeople around the world through the promotion of Korean studies abroad, cultural exchange,public diplomacy, publication and media programs. As a messenger to show Korea to the world, theFoundation is committed to playing the social role of Korea's representative public diplomacyorganization.

Your contribution makes Korea greater.

Program Overview

The Korea Foundation enhances international understanding of Korea by providingsupport to and thereby making Korea-related programs more active at overseas universities,institutes, museums and libraries. Requests for support from around the world, however, are beyondthe Foundation's current financial capacity. Individuals or companies are, therefore, most welcometo join the Foundation in its efforts by making a donation.

General Donation

Donations made without any specific designation for their usage are allocated to theFoundation's various international exchange programs.

Designated Donation

When donors specify certain projects, organizations or countries to support, theFoundation implements the projects and takes follow-up measures on behalf of donors. In this case,an agreement is signed among donors, beneficiaries, and the Foundation to specify the three parties'obligations and rights. Acknowledgement of the donation is made in accordance with donors' wishes.

Designated Donation Cases

  • Establishment of professorship entitled "Yoon Se Young Professor of Korean History" at HarvardUniversity, U.S. (SBS Culture Foundation)
  • Development and publication of Korean language textbooks for Vietnamese, Kazakh, Indonesian andMongolian speakers (Kookmin Bank)
  • Renovation of Korean gallery at Los Angeles County Museum of Art and the Museum's acquisition ofcontemporary Korean artworks (Amorepacific Corporation)
  • Establishment of endowment for Korean studies programs at University of Michigan, U.S. (LeeUn-hyung)
  • Establishment of Korea Chair at Brookings Institution, U.S. (SK Corporation)
  • Scholarship for Korean Studies Department students, Dalat University, Vietnam (Family of theLate Professor Oh Jong-ho)

Benefits of Donation

As Korea's representative public diplomacy organization, the Korea Foundation enjoyspublic confidence at home and abroad. Donors can expect a high level of credibility, transparencyand effect of donations from start to follow-up when they donate through the Foundation, rather thandonating directly to beneficiaries, because of the Foundation's long history of work experience,networks and specialization. In addition, donors are entitled to receive tax benefits for theirdonations through the Foundation in pursuant with tax regulations as it has been designated as alegal contribution organization. Those who want to make a donation but are not well informed or findit hard to decide can participate in international exchange activities through the Foundation'sGeneral Donation Program.

How to Donate

Donation Procedure

Application
Submission of program application after consultation
Screening
Acceptance decided after review of donation purpose and use
Tripartite
Agreement
Conclusion of agreement among donor, beneficiary, and KF
Donation
Acceptance
Acceptance of donationand issuance of receipt
Donation Use
Use of donation for designated program
Report
Report on donation program to donor

Program Application

Those who wish to donate are asked to submit an application for the Donation Program after consultation with the Foundation's program coordinator.

It takes an average of two months to conduct necessary measures, including screening and agreement conclusion, to deliver donations. Donors are, therefore, requested to submit an application for the Foundation's Donation Program at leasttwo months prior to their desired date of donation to beneficiaries.

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