Purpose of Establishment

Purpose of Establishment

The Asan Nanum Foundation is a public welfare foundation established in 2011 to commemorate the 10th death anniversary of Hyundai Group’s founder Asan Chung Ju-yung.

The Asan Nanum Foundation, a public welfare foundation established in 2011 to commemorate the 10th anniversary of the death of Hyundai Group founder Asan Chung Ju-yung, encourages young entrepreneurs through various educational and cooperative programs. In all its efforts, the Foundation is guided by the belief that youthful passion and energy move society forward.

Since its inception, the Foundation’s focus has been on the nation’s youth. Programs are specifically tailored to provide guidance and opportunities to those who demonstrate great potential to move society forward with their innovative ideas, not only in the realm of business but also in the social sector.

The Asan Nanum Foundation is dedicated to facilitating the dreams of all members of society, fostering the next generation of entrepreneurs who will work actively for a brighter future, and helping and encouraging all young people to achieve their dreams.