Korail Welfare Foundation Launches 100 Million Won Social Contribution Grant

Five Outstanding Organizations to Be Selected Preference Given to Projects Utilizing Railway Infrastructure

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By Kim Kwang-soo
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null - Seoul Economic Daily Finance News from South Korea

The Korea Railroad Corporation (Korail) Welfare Foundation will conduct a "Social Contribution Project Grant Program" totaling 100 million won ($72,000), the foundation announced Thursday.

The grant covers projects in child and youth welfare, support for the socially vulnerable, and cultural welfare for regional cultural development. Projects utilizing railway infrastructure such as stations and trains will receive preference.

Social welfare facilities, institutions, and organizations nationwide are eligible to apply. Five outstanding organizations will be selected through a review process, with each receiving up to 20 million won. Applications will be accepted via email until the 8th of next month.

In last year's inaugural grant program, selected projects included the "Train Travel for Mobility-Impaired Passengers" program by the Saha-gu Disabled Comprehensive Welfare Center in Busan and the denture support program by the "1% Welfare Foundation" in Siheung, Gyeonggi Province.

"We will work with capable organizations to develop tangible social contribution models that leverage both tangible and intangible assets of the railway," said Park Hwa-young, acting head of Korail's Human Resources Management Division.

Original reporting by Kim Kwang-soo for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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