Buhmmyung scholarship Foundation is established in 1990 with private funds of chairman, Myung Won Kim, and the donation of retired executives and Buhmwoo. The foundation supported the scholarship for university students and research expenses from establishment. From donation for the child household heads of 30 high school students in cooperation with Korean Social Welfare Funds, we have expanded the province. Since 1999, we have selected 39 unfortunate high school students of farming and fishing villages in cooperation with educational administration and provided all the tuition for them from entrance to graduation.

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 4,400,000,000 won (Total 241 People Support, Since 1990)
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 equipments to farming and fishing villages and information equipment to elementary school (branch school)

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