In order to realize 『Social Contribution 』, the corporate idea, Bummyong Scholarship Foundation was established in April 1990. During the period from 1997 to 2002, the Foundation supported 5 billion won for the regional development. Activities include scholarship and educational program, service and welfare activities to regional community, South-North handicapped walking meet and supporting the Christian Social Welfare Hall.

1. Date of establishment : April 13, 1990
2. Address : Bummyong Bldg, 70-3, Yangjae-dong, Seocho-gu, Seoul
3. Chairman : Kim Myong-won
4. Contributed asset : 541,000,000 won
5. Business objective : Scholarship
6. Performance : Scholarships paid 113,000,000 won (between 1997 and June 2003)
7. The foundation was established to contribute to the development of regional community, the social responsibility of Chairman who has always dreamed about the welfare projects during normal times. The welfare projects include the helping of child household heads and the handicapped children, educational support, and providing scholarships to middle and high schools and universities.

With operation fee aid to educational institute centered, we have been providing various research expenses and supporting academic activities for Pohang university of science and technology, Hanyang university, Inha university. etc and donating textbooks and equipmentsto farming and fishing villages and information equipment to elementary shcool (branch school)

In July, 2000, we completed construction of the training facilities (3 lodging facility , seminar room, dining room)
in Pyongchang educational admistration, Kang won province.