donation Archives | Be Korea-savvy
BTS Fans Donate to Foundation for Comfort Women

BTS Fans Donate to Foundation for Comfort Women

SEOUL, Nov. 16 (Korea Bizwire) — Fans of Korean boy band sensation BTS have started making donations to comfort women victims from the Japanese colonial era. According to the “House of Sharing” in Gwangju, Gyeonggi Province, over 130 separate donations totaling 3.5 million won have been wired to the foundation’s bank account since November 8, [...]

Tree Adoption Project Contributes to Restoration of Mountain Range Ecosystem

Tree Adoption Project Contributes to Restoration of Mountain Range Ecosystem

BONGHWA, Oct. 26 (Korea Bizwire) — Baekdudaegan National Arboretum (BDNA) and Tree Planet are distributing trees for adoption as part of a push to protect and restore the ecosystem of the Baekdudaegan Mountain Range. The BDNA announced on Thursday that the adoption project, which began in early October, raised 10 million won in just ten [...]

Min Yu-ra Claims She Did Not Benefit from Crowdfunding Donations

Min Yu-ra Claims She Did Not Benefit from Crowdfunding Donations

SEOUL, Jul. 23 (Korea Bizwire) — Min Yu-ra and Alexander Gamelin, the ice-skating duo who participated in the 2018 Winter Olympics in Pyeongchang as an ice dancing pair, have released conflicting statements about the reasons surrounding their sudden fallout. In a statement released by Min’s father last week through her agent, he alleged that he [...]

Korean Middle Class Comparatively Stingy with Charitable Donations

Korean Middle Class Comparatively Stingy with Charitable Donations

SEJONG, Jun. 18 (Korea Bizwire) — According to Statistics Korea, the percentage of household expenditures devoted to charitable donations from middle-income families was lower than that of poorer families, which means middle class families spent more money on themselves compared to those of lower economic status. The average amount of money donated to “non-profit organizations” [...]

Conglomerates Cut Back on Charity Donations Despite Better Profits

Conglomerates Cut Back on Charity Donations Despite Better Profits

SEOUL, Nov. 29 (Korea Bizwire) — Charity donations by leading conglomerates have shrunk more than 13 percent in 2017 from last year despite business profits fattening their pockets, data showed Wednesday. Donation cuts by Samsung Group were the most striking, according to the data provided by corporate management tracker CEO Score. Samsung Electronics reduced its [...]