The Binggrae Foundation announced that it held a scholarship award ceremony for 94 students at the Baekbeom Kim Gu Memorial Hall in Yongsan, Seoul, in collaboration with the Ministry of Veterans Affairs. A total of 150 million won in scholarships was distributed on July 29.
The scholarship recipients were selected from the descendants of independence heroes and national heroes (uniformed service members) based on recommendations from the Ministry of Veterans Affairs. The ceremony included remarks from two student representatives.
Since signing a memorandum of understanding with the Ministry of Veterans Affairs in 2018, marking the 100th anniversary of the March 1st Movement and the establishment of the Provisional Government of the Republic of Korea, the Binggrae Foundation has continued its scholarship program for descendants of independence heroes. Over the past nine years, it has provided a total of 720 million won in scholarships to 509 recipients.
Last year, the annual scholarship amount was increased from 60 million won to 150 million won, and starting this year, the program has been expanded to include descendants of national heroes (uniformed service members).
The Binggrae Foundation, established in 2011 with contributions from Binggrae, is a public interest corporation. The scholarship program for descendants of independence heroes was initiated by Kim Ho-yeon, chairman of Binggrae, who has shown a commitment to promoting the legacy of the independence movement. Kim, the grandson-in-law of Baekbeom Kim Gu, has established the Kim Gu Foundation and serves as vice president of the Baekbeom Kim Gu Memorial Association, president of the Lee Bong-chang Memorial Association, and a board member of the Independence Hall.
A representative from the Binggrae Foundation stated, "We have expanded the scholarship program to include descendants of national heroes this year, and we will continue to carry on the legacy of independence heroes and national heroes for future generations."
Independence heroes are those who dedicated themselves to restoring national sovereignty during the Japanese colonial period, while national heroes are individuals who contributed to or sacrificed for the nation, including fallen soldiers and those who died in service.
* This article has been translated by AI.
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