Sharing 1% is a beautiful habit

You don't need a big start. You can share the smallest things in your life.

How to make your own Donor-advised fund

The process is quite simple. In an individual's case, a donor-advised fund can be made with 10,000 U.S. dollars or more. In a corporation's case, a consultation is needed.

• 1) Donation Consultation
• 2) Choice of Donation Amount, Title, etc.
• 3) Written Agreement
• 4) Donate and Receive a Receipt for Tax Deduction
• 5) Resister as a Donor, Honorable Reception
• 6) Introduction of Stories in the Foundation PR Material (including homepage)
• 7) Additional Management (such as additional donations)
• 8) Report of Distribution

Leadership Giving

Donors & Funds

The BF's goal is to share efficiently and effectively. If you want to participate in solving the fundamental problem in our society, if you want your donation to be given to those who really need it, if you want to be the subject of the constant donation, if you want to be updated on how your money was spent, and if you want to experience donation along with your family and friends, we recommend you to make a donor-advised fund in your name with the BF.

It would be great to have your name put up along with the other donators who made donations of, instead of celebrating their 70th birthday, a bundle of money that they had their hands on for the first time in their life, a national annuity, their property, or in their demise child's name.

The donor-advised fund will remain along with one's name and become an everlasting oasis of the society, which will participate in making the future generation a rich one.

Grandmother Kim Gun-Ja fund

Grandmother Kim Gun-Ja, who was a sex slave under Japanese rule, donated all of her assets to the Beautiful Foundation, saving only enough for funeral costs. With her donation, the "Grandmother Kim Gun-Ja Fund" was established to support college tuition for orphans. This was the first fund established in the Beautiful Foundation.

Hara Welfare Foundation fund (Hara Fund)

Ms. Seo Mi-Suk, who established Hara Welfare Foundation to support under privileged children and handicapped people, closed her private foundation and donated its assets to the Beautiful Foundation, establishing the "Hara Fund." She made this choice in order to support more people without the regular operational costs of a foundation.

Jung Hee-Kyung your sunshine fund

Ms. Jung Hee-Kyung, a business owner and leader of a cultural foundation, decided to made a donation instead of holding her 70th birthday party. Thus, the "Your Sunshine Fund" was established. This fund supports medical check ups and costs for low-income single mothers.

You Moo-Chong library for philanthropy fund

Respected businessman You Moo-Chong established a fund to build a philanthropic library and support staff education for the systemic creation of a philanthropic culture in Korea. The You Moo-Chong Library for Philanthropy is the first library specializing in nonprofit fundraising and operations in Korea. The underlying philosophy of the library comes from Mr. Yoo: "To support welfare directly is important. However, if the staff become more skilled and educated, one can become ten, and ten can become one hundred."

Baseball player Song Jin-Woo fund

Song Jin-Woo was a baseball player who set up a new record in Korean baseball history with a total of 210 wins, who promised to promote a fund for the disabled children. Since his record, he donated 500,000 won each time he made a win. Later on, Hanwha Eagles(Baseball Team) also donated 500,000 won each time they won which now sums up to 10,000,000 won in total.
Song Jin-Woo promised to continue donating each time he won and with the fund so far, he hopes to support a welfare work for the disabled children. Song Jin-Woo, who had shown constant concern for the disabled children, explained that "it would have been difficult to set up a new record without the help of the comrades or the fans." He continued to explain that he made donations to "thank those who have been of great help, and to make the new record a meaning one.

Monk Oh-Kyung's lotus flower

Monk Oh-Kyung donated the money he saved while he was the Chief Monk in the Bub-Ryun Temple to the BF in request of using the money to research and develop the succeeding property culture. In the name of Lotus Flower Fund, it will be used for the research and promotion of donation culture of succeeding property.
"Life is void where one can end life empty handed. Succeeding properties can bring misfortune to the child, bad enough to turn siblings into enemies. Possession of one's isn't their own, it is only right that they return to the society. After I left home I had much troubles about the society. The biggest one was about the succeeding property. At a funeral, those who weren't wealthy would moan over the dead while those who were wealthy looked bloodthirsty. As I look at America's succeeding property culture compared with Korea's, I noticed that it is what makes America a developed country. I only hope that one's property will be of good use to others."
Compared with the developed countries' succession culture, Koreans find a way to evade tax and leave more property to the future generations. Lotus Flower Fund will try and promote a clean succession culture, which will spread along with the Inheritance 1% Sharing Campaign.

Tae Pyung Yang CEO Seo Seong-Hwan Beautiful world fund

The founder of Amore-Pacific (a Korean cosmetics company), lamented Seo Seong-Hwan, donated his 74,000 stock shares along with all the dividend the company made in 2003 which sums up to nearly 5 billion won. Seo Seong-Hwan, since the foundation in 1945, has improved the quality of life of many people. He was a CEO who improved the social status of women by educating them, as well as supporting those who had low income by donating a partial of the company's profit.
Seo Seong-Hwan's donation plays a big role in the Korean society since most of the high class leaders are stingy when it comes to donating.
His donations supported low-income single mothers to start their own business in the name of "Hope Store." There are 200 Hope Stores so far, and with their donations and 1% interest rates more and more Hope Stores are soon to open.

Fund investor Lee Chae-Won's share fund

A 10 year donation has been promised by the royalty of "Lee Chae-Won's Value Investment," a book about fund investor Lee Chae-Won's 20 years worth experience. This fund is to be used for the future generation.
"It is easier said to be done. I planned to donate all of the royalty even before I wrote the book but thanks to the publisher ECON, it is my honor to donate to BF. I think that I can keep sharing since BF's system allows multiple people to constantly donating." Said Lee Chae-Won.
Also, to the question why he promised to donate for 10 years constantly he answered, "By making good use of my ability, it would be great to constantly increase the amount of donation for 10 years and support those who are in need."
One must think how this long-term fund can be of use at the year 2018.

Park Young-Mi fund

Lamented Park Young-Mi, who died while giving birth to her second baby at the age of 38, donated all her insurance money to the BF.
After much discussion with her family, the Park Young-Mi Fund was made.
The Park Young-Mi Fund will be used to eliminate poverty in memory of Park Young-Mi, who worked for a social welfare organization.

MackMuGaNe-DaeJangBu fund (Bold and spirited teenagers Fund)

A team of 6th graders from an alternative school in Kyung-Ki province was set up. These children said that they were inspired by Son Sung-Il, who raised a fund by pilgrimaging the country(2,200km). They walked to school and practiced hiking in order to climb the Mt. Jiri which is challenging even for an adult. Even so, we ask them if it wasn't hard.
"If we didn't have a goal in our minds, we would have given up in the middle. But by the thought that our climbing the mountain can be of help to others we couldn't possibly give up!"
They are the first children civilian fundraisers of BF. Civilian fundraisers refer to people who raise funds using their unique methods. With the goal of Mt. Jiri in mind, they raised 100 won per 1km.
The total amount of MackMuGaNe-DaeJangBu Fund reached 39,534,917 won (…USD) in 2013 by the total participation of 157 “bold and spirited” donors since 2007.

Kyobo Dasomies' Life-saving fund

Kyobo and BF made a contract to support premature babies. The 5-year plan supports the low income class with a baby either less than 37 weeks old or less than 2.5kg. Each month 10 families are supported with 50% of the hospital fee and at 5million maximum.
Also, by creating a website, it is planned to give information about the birth and raising up of premature babies, hospitals, related support programs as well as provide community service.
There are campaigns to promote government policies to support the premature babies as well as concerts, fund raising, birthday parties for them. There also will be public hearings on how to revise the current law and examples of support cases.
The Kyobo Dasomies' Life-saving Fund cooperative project between Kyobo and BF provides treatment fee to the families of premature babies and allows them to grow into a healthy adult, which hopefully will change the social perception toward them.

Public interest lawyers fund

Behind the democratization of Korea stands talented lawyers who gave up their welfare to side with the powerless. The Foundation’s Public Interest Lawyers Fund exists to support such lawyers. The fund supports such lawyers' activities and allows more nonprofit public interest lawyers to play a role in the society.
Lawyers are normally criticized for using their specialty against the weak and the poor. However, lawyers such as Cho Young-Rae and many more human rights lawyers have fought against them and shown justice. The human rights lawyers who have fought against dictatorship have expanded. As more and more civilian organizations strive public good, these lawyers' help is compulsory, and to meet the demand the increase in the number of nonprofit public interest lawyers is required.
GongGam is made up of such lawyers who offer free legal service to various NGOs for the protection of human rights of minorities and marginalized groups.
Created in 2003, the Fund for Nonprofit Public Interest Lawyers was used to help the legal activities of lawyers at GongGam for 9 years, and was transferred to the Human Rights Law Foundation, GongGam (http://kpil.org) which was spun off from BF and newly founded on December 2012.

Purpose of the corporate social responsibility program

Partners

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Grantmaking process

Areas & Spotlight funds

Selected funds of the Beautiful Foundation

Here are some highlights of the two hundred-plus funds that are operated by the Beautiful Foundation.

A Letter from a mother

Empowering single mothers through microcredit

Through Hope Stores, the Beautiful Foundation assists low-income single mothers by providing them with loans to start their own businesses. Hope Stores are supported by the Foundation through the Beautiful World Fund and the CSR efforts of other corporations. These companies provide the funds, as well as necessary skills and administration consultation for the new businesswomen. Single mothers in financial difficulty can apply for a 40 million won (roughly 40,000 dollars) loan and the accompanying enterprise support programs.
The initial fund of the Hope Stores program was donated in the memory of Seo Seong-Hwan, the founder of Amore-Pacific, a cosmetics company. Mr. Seo’s family created the ‘Beautiful Fund,’ a bequest of 5 billion won (roughly 5 million dollars) in stock shares to be used to help single mothers.
From beginnings primarily in food-service, the Hope Stores have diversified to include taxi car enterprises, recycling services, and even a car contour restoration business. Up to date, over two hundred business start-ups have been funded by the Hope Store program. The early start-ups have started to stabilize, providing economic security for the single mothers and their families.
The Beautiful Foundation has helped about 200 single mothers to start up their own business from 2004 through nowadays.