Booyoung Group Donates 10 Billion Won to Support Air Force Bereaved Families

Booyoung Group announced on the 1st that it donated 10 billion KRW to the Air Force Sky Love Scholarship Foundation at the Seoul Air Force Hotel to commemorate the 70th anniversary of the Korean War armistice.

(From the third left) Lee Hee-beom, Chairman of Booyoung Group, Lee Joong-geun, Founder of Booyoung Group, and Jung Sang-hwa, Chief of Staff of the Air Force, are posing for a commemorative photo with officials at the donation ceremony for the Air Force Sky Love Scholarship Foundation. / Photo by Booyoung Group

On this day, Booyoung Group Chairman Lee Hee-beom met with Air Force Chief of Staff Jung Sang-hwa to deliver the donation, conveying the wishes of the founder, Chairman Lee Joong-geun, to "use it for living support funds and scholarships for Air Force bereaved families."

The Sky Love Scholarship Foundation was established in 2010 to support the children of Air Force pilots who died in training so that they can grow up with pride and integrity.

Chairman Lee Joong-geun, a former Air Force member, was once mentioned as being disqualified from the Aviation Soldier School in 1961 due to his tall stature (186cm). This was due to the modest social atmosphere at the time. During his 5 years and 6 months of military service, he always thought of repaying the cost of the two meals he was provided each time and sought to contribute to the Air Force whenever possible.

He has been donating to the Air Force Sky Love Scholarship Foundation since 2018 and serves as the president of the Air Force reserve group Rokapis, playing a role as a bridge between reservists and active-duty personnel while supporting the Air Force.

Chairman Lee Hee-beom said, "On the occasion of the Month of Patriots and Veterans, I remember the sacrifices of the fallen pilots who gave their lives for the country, and I hope that their children grow into outstanding talents with pride in their patriotic spirit."

Air Force Chief of Staff Jung Sang-hwa expressed, "We sincerely thank Chairman Lee Joong-geun and Booyoung Group for their generous donation," adding, "We will make good use of the scholarship funds to honor the chairman’s spirit of giving."

So far, Booyoung Group has taken the lead in social contributions for love of the country, including delivering comfort goods to boost the morale and welfare of military unit soldiers and promoting a correct understanding of history. Booyoung Group, which practices Environmental, Social, and Governance (ESG) management activities, has donated over 1 trillion KRW to society to date.