2013 Annual Report - Korean American Scholarship Foundation

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AN N UA L R EPO RT 201 3
The Korean American Scholarship Foundation
www.kasf.org
Chairman’s Message
Sang Nam Lee, M.D.
Chairman
KASF - National Board of Directors
It has been an honor to serve KASF as chairman of the National Board of Directors for the
past two years. I sincerely thank you for your support and deeply appreciate your active
participation in the common cause of our organization.
I am pleased to report that the state of the Korean American Scholarship Foundation is
healthy and growing. In 2013, we awarded scholarships to 270 students from seven regional
chapters for a total amount of $439,050—a record high to date in the amount of scholarships.
We added five new chair scholarships in 2013 for a total of 11 in the last two years. Despite
unfavorable market conditions, our endowment remains at $3.6 million.
The Legacy scholarship campaign was launched in early 2013 with an endowment fund
goal of $10 million by 2020. I feel that there is a great opportunity to achieve this ambitious
amount through the many potential donors in the Korean community. Although we have
obtained some personal commitments, we should continue our collective efforts in all
regional chapters until this goal is achieved.
The recently established Southwestern Regional Chapter is stable and is expected to grow
stronger with new leadership this year.
Many issues and tasks still lie ahead of us. For example, we need timely website updates,
strategic plans, placement of policies and procedures, a paid executive director at the
national office, and a strategy for growing together despite regional differences. I am
confident that with our tradition of mutual cooperation and support, we should be able to
resolve these challenges by working together.
Again, it has been a privilege to serve as chairman alongside our dedicated volunteers.
I would like to welcome our next chairman, Augie Lee, and wish him the best.
1
KASF Mission
The Korean American Scholarship Foundation (KASF) is a non-profit, volunteer-managed organization
established to help meet the financial needs of Korean-American students seeking higher education.
Specifically, the foundation seeks to:
1. Assist Korean American students in pursuit of their academic and personal achievement,
2.Encourage their community and civic service as an integral part of their leadership development, and
3.Nurture a sense of pride and confidence in Korean cultural heritage and tradition.
KASF Leadership
2013 National Board Executive Directors
Committee Chairs
Executive Team
Chairperson
Vice Chair
Executive Director
Chief Financial Officer
Sang Nam Lee
Augie Lee
Leonard Kim
Hyun Sue Lee
Investment
Scholarship
Organization
Web
Yoonsoo Park
Frank Lee
Sungsu John Kang
Steve Yun
Regional Chapter Presidents and National Board of Directors
Eastern Regional Chapter
established in 1969
Sang Kim President
Leonard Kim
Yoonsoo Park
Steve Yun
Patrick Lee
Western Regional Chapter
established in 1985
Gloria Lee President
Ruth Chung
Sun Hee Lee
Frank Lee
Yongwon Kim
Southern Regional Chapter
established in 1992
Kristina Kim Co-President
Hak-Keun Chang Co-President
Moon Hee Kim
Michael Park
Sandra Lee
2
Midwestern Regional Chapter
established in 1993
Edward Rim President
Young H. Han
Augie Lee
Hyun Kim
Northeastern Regional Chapter
established in 2001
Jay Lee President
Sungsu John Kang
Bok Lim Choi
James Lee
Hyun J. Nam
Mideastern Regional Chapter
established in 2003
Jong Dae Kim President
Youngho Kim
Southwestern Regional Chapter
established in 2012
Nam Il Kim President
Charlie Cha
Midwestern
Northeastern
Mideastern
Eastern
Southern
Western
Southwestern
5 Types of Scholarships
CHAIR SCHOLARSHIPS are established through a
one-time donation of $25,000 or more by individuals or
corporations. KASF will pay $1,000 in perpetuity in the
name of a given Chair Scholarship.
DESIGNATED SCHOLARSHIPS are established by
contributions of $1,000 or more and awarded each year of
the contribution.
LEGACY SCHOLARSHIPS are established through
bequest donation by friends of KASF who express their
appreciation and everlasting support for our mission by
naming KASF as beneficiary
of a will, life insurance, trust or estate planning.
GENERAL SCHOLARSHIPS are funded by KASF
fundraising activities.
HIGH SCHOOL ACHIEVEMENT AWARDS are
offered by some of KASF regional chapters for high school
students. Selection is based on outstanding achievements
in music, arts, sports, community and social services, and
leadership. Each receives $500.
3
New Chair Scholarships for 2013
Eastern Regional Chapter
Sun-Young Hwang Chair Scholarship • Donated by Mrs. and Dr. Young Dahl Song
Young-Dahl Song, a 76-year-old former East Carolina University political science professor, and
his wife Jeol-Ja Kim, 71, a retired medical doctor, made a generous $73,000 donation to the Korean
American Scholarship Foundation’s Eastern Region in 2013.
The scholarship trust was named after Mrs. Song’s mother and will be called the Sun-Young Hwang
Memorial Scholarship. This was not the first time Dr. Song and Mrs. Song have donated; in 1998 Dr.
Song donated to establish the Song, Chee Myong Scholarship, named after his father.
The couple’s gifts are the biggest individual endowment for the eastern region of the Korean American Scholarship Foundation. Dr.
Song endowed this scholarship to cherish the memory of his wife’s mother, who raised seven children and also put them through
college after his wife’s father was kidnapped by North Koreans during the Korean War. The couple hopes that students can be
educated and achieve their dreams through this scholarship.
Dr. Song came to study in the United States in 1960, thanks to a Rotary Club of Georgia scholarship. “We just gave back what we’ve
received,” he said. “We got to where we are because of education, so we want to use our donation to help raise the next generation.”
Dr. Song graduated from Yonsei University and earned a Ph.D. from the University of Pennsylvania. He served as a professor at East
Carolina University from 1967 to 1997. His wife graduated from Ewha Womans University, immigrated to the United States in 1966
and worked as an anesthesiologist for 33 years.
Sun Kyung & Young Whan Park Chair Scholarship • Donated by Mrs. and Mr. Young Whan Park
One of the founding members of the Korean American Scholarship Foundation (KASF), Mr. Young
Whan Park, and his wife, Mrs. Sun Kyung Oh, donated $25,000 to the KASF Eastern Region to
establish a Chair Scholarship.
Mr. Young Whan Park served as KASF’s Eastern Region President from 1985–87 and as chairman
of the national board of directors in 1992. As he arranged for the scholarship, Mr. Park mentioned
his own experience of receiving scholarships as a college student in Ohio and how desperately
he needed the scholarships to complete his studies. While he was initially planning to create a
Chair Scholarship as part of his will, he changed his mind in favor of making the donation earlier with his wife to assist the next
generation of Korean-Americans.
The lump sum donation of $25,000 will be used to award the Sun Kyung & Young Whan Park Chair Scholarship to a student studying
architecture, theology or social work.
Mrs. Park, who retired after working at the World Bank for 30 years said, “To establish a righteous society, my husband and I agreed
that education is the most important thing.” Mrs. Park is the daughter of Chun Suk Oh, a former Korean Minister of Education. She
graduated from Ewha University where she was elected as May Queen and taught at Ewha Middle School before coming to the States.
Mr. and Mrs. Park have been on the board of directors of KASF since it was founded in 1969. Mr. Park counts among his many
contributions to KASF a series of articles chronicling the history of the organization in The Korea Times in 2007.
4
Soon Ock & Chin Moon Kim Chair Scholarship • Donated by Dr. Chin Moon Kim and Mrs. Soon Ock Paik
Dr. Kim, Chin Moon and Mrs. Paik, Soon Ock of Falls Church, VA donated $50,000 to the Korean
American Scholarship Foundation Eastern Chapter in November 2013. Dr. Kim, who is 86-years-old,
said that all the great work that KASF is doing convinced he and his wife that they could trust their
donation to this organization, and that it would be used for a good cause.
Even though they have two sons, they wanted to donate the money to the community rather than
giving it to their sons. Dr. Kim and Mrs. Paik expressed their strong desire to donate to KASF every
year and even increase the amount, if possible.
Mrs. Paik said that they realized that they are in their 80s and this is the time they need to organize their finances, even though their
investments are not significant. They were impressed that the KASF organization is run by all volunteers and there is no overhead for
any donated money, and they decided that KASF is the perfect organization for their donation.
Dr. Kim graduated from medical school at Seoul National University and came to the US in 1958. He did his residency in Louisville,
Kentucky and opened his practice as a pediatrician in Fairfax, VA in 1968, and practiced until he retired 20 years ago. Mrs. Paik
graduated from Seoul National University’s college of education and worked as a high school teacher in Jinhae, Korea before coming
to the US with her husband. They have two sons and both of them are physicians.
Dr. Kim and Mrs. Paik’s donation will allow KASF to establish two new chair scholarships. ‘Kim, Chin Moon and Paik, Soon Ock
Scholarship’ of $2,000 will be awarded each year to Korean-American scholars.
Mr. Sang Kim, KASF ERC president, thanked Dr. Kim and Mrs. Paik for their generous donation and promised that KASF will
redouble its efforts to its mission of giving scholarship money to students in financial need.
Mideastern Regional Chapter
Chull Victor Kim Memorial Chair Scholarship • Donated by Dr. Youngho Kim
Established by Past President of MERC, Dr. Youngho Kim to honor his youngest son, Chull Victor
Kim, who passed away suddenly due to his illness at age 34.
Victor was actively involved with youth activities as a volunteer for many years such as in KASF,
Korean Community Center, and Korean language camp.
5
Financial Report
Statement of Financial Position • For the Year Ending December 31, 2013
Assets
Current assets
Cash and cash equivalents
Investments
Total current assets
Property and equipment
Furniture and fixtures
Leasehold improvement
Property and equipment at cost
$591,372
3,336,631
3,928,003
9,547
47,032
56,579
Less: accumulated depreciation
(56,579)
Total assets
$3,928,003
Liabilities and Net Assets
Liabilities
Total liabilities
Net assets
Unrestricted
Temporarily restricted
Permanently restricted
480,503
3,447,500
Total net assets
3,928,003
-
Total liabilities and net assets
$3,928,003
Statements of Activities and Changes in Net Assets • For the Year Ending December 31, 2013
Revenues
Chair scholarships
Designated scholarships
General scholarships
General contribution
Support from directors
Fundraising activities
Investment Income (loss), net
Interest income
Unrestricted
$227,621
10,654
91,963
26,109
233,573
187,168
218
Temporarily Restricted
$-
Permanently Restricted
$125,000
-
Total
$125,000
227,621
10,654
91,963
26,109
233,573
187,168
218
Total Revenues (losses)
777,306
-
125,000
902,306
550,675
-
-
550,675
74,674
145,651
-
-
74,674
145,651
771,000
-
-
771,000
$6,306
$-
$125,000
$131,306
474,197
-
3,322,500
3,796,697
$480,503
$-
$3,447,500
$3,928,003
Expenses
Program services
Scholarships
Supporting services
General and administrative
Fundraising expense
Total Expenses
Change in Net Assets
Net Assets - Beginning of year
Net Assets - End of year
6
Schedule of Functional Expenses • For the Year Ending December 31, 2013
Program services
Scholarships
Advertising
Bank charge
Banquet
Delivery and freight
Golf Tournament
Insurance
Meeting expense
Miscellaneous expense
Office and committees expense
Outside service
Plaques
Printing & reproduction
Professional service
Public relation and promotion
Rent
Taxes and licenses
Telephone
Travel
Website expense
Supporting services
Chair
Scholarship
awards
Designated,
General & other
scholarship awards
Total
General and
administrative
Fundraising
Total
Total Expenses
$223,500
-
$327,175
-
$550,675
-
$9,177
334
224
872
23,458
1,197
1,586
5,670
794
4,013
5,000
5,034
581
1,385
13,850
1,500
$3,560
88,928
37,813
800
400
3,649
1,737
7,532
1,232
-
$12,737
334
88,928
224
37,813
872
23,458
1,997
1,986
9,319
2,531
11,545
5,000
5,034
1,232
581
1,385
13,850
1,500
$550,675
12,737
334
88,928
224
37,813
872
23,458
1,997
1,986
9,319
2,531
11,545
5,000
5,034
1,232
581
1,385
13,850
1,500
$223,500
$327,175
$550,675
$74,674
$145,651
$220,325
$771,000
Regional Performance
Total Amount Awarded
College/Graduate School
High School
College / Graduate School
Number of Applications
US Citizen/Permanent Resident
Korean National Student
Undocumented
Korean War Veteran Descendants
Number of Recipients
US Citizen/Permanent Resident
Korean Foreign Student
Undocumented
Korean War Veteran Descendants
Key Metrics
% Awarded vs Total Applicants
% US/Perm vs Total Recipients
Avg Award Amount Per Recipient
High School
Number of Applications
Number of Recipients
WRC
$126,000
$126,000
$0
NERC
$117,400
$116,500
$900
ERC
$116,000
$108,500
$7,500
SRC
$48,000
$47,000
$1,000
MWRC
$21,500
$21,000
$500
SWRC
$24,000
$24,000
$0
MERC
$9,900
$9,900
$0
Total
$462,800
$452,900
$9,900
166
114
30
22
161
127
34
148
99
35
3
11
76
68
8
89
50
27
5
31
12
19
24
24
695
494
153
30
11
50
35
8
7
55
43
12
52
38
12
42
38
4
21
22
13
19
6
13
9
9
248
191
62
7
2
61%
32%
$1,263
38%
100%
$1,100
36%
77%
$1,826
0
0
36
21
2
30%
70%
$2,520
34%
78%
$2,118
35%
73%
$2,087
55%
90%
$1,119
24%
105%
$1,000
0
0
3
3
19
15
2
2
12
1
7
Regional Activities
Eastern Regional Chapter
ERC Golf Tournament Success
On the first of June 2013, KASF ERC hosted its annual fundraising golf tournament. This year’s tournament was sponsored by
Morgan Stanley. The tournament had a great turnout of 119 participants and 32 sponsors. The generosity of participants helped
KASF achieve its goal of raising $10,000.
ERC 2013 Banquet
KASF ERC’s 44th Annual Scholarship Awards Banquet was held at the Hilton McLean Tysons Corner Hotel on September 22, 2013
represented the exciting culmination of a year’s worth of hard work.
The two main speakers of the night, Dr. James Kim from Harvard University and Danna Kim from Virginia Tech, shared their stories
in their inspirational speeches. Dr. James Kim gave the scholarship recipients his secrets to success as he experienced it in his academic
endeavors. Danna Kim opened up to the audience by showing her appreciation for her parents and the hardships they had to endure in
the past.
The students received much more than a monetary donation—they received an investment of support from countless Korean
Americans who are all behind them in their pursuit for success. Although the students may have expected to walk out of the banquet
with only a scholarship in their hands, they in fact left with the continuing support of everyone from the scholarship foundation.
8
Northeastern Regional Chapter
NRC Scholarship Award Banquet
The Northeastern Regional Chapter held their annual
scholarship award banquet on September 7, 2013 with 380
students, parents, donors and guests attending the ceremony
and enjoying the festivities. In 2012 we provided $104,900 to
55 students, but in 2013 we awarded $117,400, an increase of
12%, to 58 students.
The keynote speaker of the award ceremony was Dr. Philip Kim,
a professor in the physics department of Columbia University,
who almost won the Nobel Prize in 2010. In his inspirational address, he shared his experiences with the cultural differences and
similarities in the US and Korea, and emphasized the effectiveness of Korean cultural heritage and how it works in the US and around
the world.
We have chosen The Andrew Kim Foundation as the donor of the year. The Andrew Kim Foundation was founded in the memory of
Andrew Kim who perished in the World Trade Center on 9/11/2001 and has been making substantial donations every year to KASF
and many other causes.
New York and New Jersey Open House
We opened our doors wide to reach a broader public in our region and let them know about KASF and its mission. NERC had two Open
Houses last year: May 16 in NJ and May 30 in NY. We invited guests and potential donors to the Open House and explained what we
have done so far and how they could support and join us. Our particular focus was on introducing and promoting the concept of the
Legacy Scholarship. In the NY Open House, Dr. Sang Nam Lee, the National Board Chairman, came all the way from Washington, DC
to personally present the idea and background of the Legacy Scholarship to guests and newspaper reporters in attendance.
Golf Outing
The Northeastern region held a very successful fundraising golf outing event on May 15, 2013. The number of guests exceeded 100
and raised $27,000. This event was very effective not only for raising scholarship funds but also for promoting and publicizing the
cause and activities of KASF in general.
9
Southern Regional Chapter
SRC 2013 Fundraiser Concert
In April 2012, KASF SRC had its annual fundraiser concert at Korean Community Presbyterian Church in Duluth, Georgia with over 200 guests in attendance.
Our guests, donors, and members were entertained by the Peachtree Quartet, an
elegant ensemble formed by members of the Atlanta Symphony Orchestra. Ms.
Yang Yoon Kim, Peachtree Quartet’s viola player, helped conclude our concert
program with beautiful Korean music which touched the hearts of many of our
guests.
In June 2013, KASF SRC held its first date and silent auction, which was executed
with the goal of promoting our organization to young professionals who may
become our members and/or donors. With the help of generous business owners
who donated their goods and the help of eligible bachelors and bachelorettes,
we were able to auction over 60 items and 23 dates with eligible bachelors and
bachelorettes. All the dates were sponsored by a restaurant which gave a $50 gift card to every date winner. It was a very successful
event received lots of media attention and was attended by 150 guests.
In August 2013, we awarded 43 students with scholarships, for a total amount of $48,500. Over 150 guests and members attended the
banquet at the Marriott at Century Center in Atlanta, Georgia. Entertainment was provided by Ms. Jin Kim, a vocalist and a previous
KASF scholarship recipient. Our keynote speaker was Mr. BJ Pak who is a state representative in the State of Georgia. Mr. Pak shared
his life story and the challenges and the obstacles he had to overcome, as well as the importance of giving back to the community.
In September 2013, KASF SRC held our annual golf tournament at Heritage Golf Course. Many board members gathered early to
prepare lunch and snacks for the 80+ golfers who attended this fundraiser. The post-tournament dinner was sponsored by Merrill
Lynch, and we are proud to say that this was the first time that our
chapter’s dinner was sponsored by a corporation.
Our 2013 golf tournament was made even more special with the
attendance of several Korean War Veterans, who were recognized
for their selfless acts. We also celebrated the beginning of our new
scholarship program—Scholarships for Descendants of American
Korean War Veterans—which is being sponsored by the Chu Family
Foundation starting in 2014.
10
Western Regional Chapter
Introduction of the Junior Board
KASF WRC created a Junior Board committee consisting of past and current scholarship recipients who are now outstanding young
professionals. The board hopes to create a swift transition for future young professionals into leaders of the Korean community.
Focusing on commitment, community service, and leadership abilities, we requested students and graduates who are willing to learn
and share their input about increasing fundraising opportunities and expanding KASF-Western’s exposure to successful students in
need of financial aid. We will be selecting around six applicants to join our Junior Board in the beginning of 2014.
Connecting through Facebook
With our goal to connect quickly and swiftly with our targeted customers through social media, we decided to regularly post on our
newly created Facebook page for our Western Region. Every Thursday we upload a short post on subjects like scholarship deadlines,
Junior Board membership, networking opportunities, and events. We have opened up our Facebook wall for our Facebook followers
to post on subjects like networking and mentorship opportunities. We have made our Facebook space as a way for connecting alumni
and mentors to our prospective scholarship recipients.
Seminar held at KASF Office
On August 24, 2013, KCSC held an annual orientation seminar for the new and
upcoming group of interns. KCSC, otherwise known as the Korean Coalition of
Students in California, is a high school based leadership internship group that strives
to give back to the community by hosting safe and fun events for other high school
students.
Remarkable Success for the 23rd Annual Golf Tournament
The 23rd Annual Golf Tournament was held on July 17, 2013 at the Strawberry Farms
Golf Club in Irvine. Many people enjoyed a round of golf with close friends and
acquaintances after which they participated in a silent auction and dinner program.
With over 114 players and 15 volunteers, we were able to raise over $70,000—the largest
fundraising effort achieved, thanks to many corporate and individual sponsors as well as
in-kind donations.
A Heartwarming Annual Awards Luncheon
Our 28th Awards Luncheon was held on September 28, 2013.
More than 120 people including donors, recipients, and guests
gathered to celebrate this year’s accomplishments and to
recognize and award 50 scholarship recipients. Before the actual
luncheon program, we held a mentorship program introducing
our Junior Board. The program started out with a short video
highlighting KASF’s past and current accomplishments as well
as the future vision of the organization.
11
Testimonials
To the Korean American Scholarship Foundation
I cannot express enough gratitude towards this organization that works so diligently to enable individuals like myself to
pursue higher education. That this foundation acts as a non-profit organization exemplifies its selflessness and sincere
interests in opening the doors for those who are financially in need. I am extremely blessed to have been a recipient of
such generosity.
There are countless individuals who, in the months preceding college, stare fearfully at the costs that are attached to
higher education. Whether it be private or public, education and its fiscal demands has become quite a scare for many.
And quite frankly, many people seem to simply back down from the challenge, as they see no support to lean on in the
midst of such scholarship.
The effect that scholarship foundations such as this one has is powerful and liberating. Knowing that there are financial
pillars to lean on in one’s endeavor to pursue higher education eases the anxiety and the hardship. Simply stated, higher
education is a distant dream that will never be fulfilled for many without organizations such as the Korean American
Scholarship Foundation.
Knowing that a foundation has backed my collegiate endeavors drives me to more diligently pursue my studies, aspire
for greatness, and dream to new heights. Knowing that there are people who are willing to lift me over the hurdles that
come with any endeavors is absolutely empowering. In this case, the ultimate product is a body of effected Korean
youth that dares to venture further and further towards greatness.
Again, I would like to simply thank you for the new adventures that you enabled for me. I cannot even begin to imagine
what my situation would be like devoid of your generosity. Thank you for your organization and so freely extending it
to those who are in need of assistance.
Sincerely,
Benjamin Lee
2013 Scholarship Recipient
Dear Scholarship Donor,
My name is Hyosang (Mark) Kim and I am a current first year law student at Stanford Law School. I am honored to
receive the Korean American Scholarship Foundation Western Regional Scholarship. Your generosity enabled me to
embark on legal education at this great institution.
I was born in South Korea and was adopted by my American parents in Virginia in 2004 when I was twelve years old.
My adoptive parents warmly and wholeheartedly raised and educated me. I attended the University of Virginia and
majored in biology.
Although I majored in science, I was interested in law issues, especially biotechnology patent law. I started off my
experience with an internship at DukWon Patent Law Firm in Seoul, South Korea and furthered my experience with
an externship at the United States Patent and Trademark Office. Along with these experiences, I also interned at the
Student Legal Services at my undergraduate institution and also at U.Va. Licensing & Ventures Group (the technology
transfer branch).
My undergraduate study, various patent related experiences, and a new journey on legal study were possible thanks
to many generous scholarship donors like you. I cannot express my gratitude enough to thank you in allowing
me to continue my journey. One of the many reasons why I chose Stanford Law School is its great intellectual property
law curriculum and faculty. I am blessed and thankful for being here and I know that it is only possible thanks to
your generosity.
During the summer before my first year of law school, I took and passed the patent bar. And I am planning to take
intellectual property law courses as they become available. I am excited about all the resources and opportunities
provided to me. Your scholarship helped me not to miss these precious moments.
Thank you again for your kindness and generosity.
Sincerely,
Hyosang (Mark) Kim
12
Dear KB Kim & M Chung, friends of Korean American Scholarship Foundation
My name is Jihoon David Kim. I would like to take this opportunity to express my gratitude for your generous donation.
I am one of the recipients of your support and am very grateful for your heartwarming assistance.
On December 13, 2004, I had a snowboarding accident and broke my neck at the cervical 5 level resulting in quadriplegia.
I did not understand the details of the injury that I was hoping to walk out of the rehabilitation hospital within three
months, but that never happened and shattered the hope of my family and friends.
Even after the spinal cord injury, I have gone through various physical and emotional challenges; however, the love of
God, family, friends, and people like you were the strength to get up in the morning and make the best out of what I
already had in my life.
I want you to know how far I have come since the accident. In 2011, I graduated from UC Denver with a BA Psychology
and a minor in Sociology. I earned an MA in Pastoral and Spiritual Care at Iliff School of Theology Denver in June 2013.
Currently, I am enrolled in an MDIV at Denver Seminary. From March 2012 to January 2013, I was a volunteering chaplain
at Littleton Adventist Hospital and Porter’s Adventist Hospital. It was heartbreaking to see patients struggling, but
being a chaplain and praying with patients and their loved ones was rewarding and humbling experience.
I am a part time student pastor at Antioch Baptist Church in Aurora, Colorado. After the MDIV at Denver Seminary, I am
praying for God to lead me to study a Ph. D. program. Experiencing the power of God’s touch in the midst of suffering, I
feel that God is leading me to pursue the ministry of pastoral care and sense that the MDIV at Denver Seminary and Ph.
D. would be great asset and resource to help other in various needs to listen and emphasize with them.
Your support helps me to study, be prepared, motivates me to pursue my goals, and strengthens me to live a positive
life. Your desire to help people in needs makes differences, encourages and inspires me to be like you. My prayer goes
out for your relationship with God, family, friends, others, and God’s blessing.
Sincerely,
Jihoon David Kim
13
List of Chair Scholarships
KASF National Board
2000
Year
Chair Scholarship
Donor
1985
Pohang Iron Steel (NB)
Posco
1990
Korean Air (NB)
Korean Air Line
ERC - Eastern Regional Chapter
Chair Scholarship
Donor
1985
Kyu Sup Chung
Amb. Kyu Sup Chung
1986
Stanley S. Lee
Mr. Stanley Lee
Myon Soon Jean
Dr. & Mrs. Jay Khim
Sin-Ran Ji & Eun Ja Kim
Dr. & Mrs. Chul Ho Kim
Korean Churches in Greater
Washington
Korean Churches in
Greater Washington
Il Hwa Lee
Ms. Sook Ja Lee
1987
1988
1989
Hak Kyung Chang
Mr. Chin Woo Chang
Jung Sook Chung
Mrs. Eui Soon Chang
Sung Woo Lee
Mr. & Mrs. Robert S. Lee
1990
Gehwan Choi
Mrs. Young Ho Lee Choi
1991
Ryun Ho Kim
Dr. & Mrs. Ryun Ho Kim
1992
1997
2000
14
2002
Year
Benjamin Souh
Mr. & Mrs. Benjamin
Souh
Eui Baik Chung
Dr. & Mrs. Eui Baik
Chung
Keun Oak Lee
Dr. & Mrs. Sang Nam Lee
Tongyang Nylon
Tongyan Nylon/ In Sang
Song - CEO
2003
2004
2005
2006
Kimok & Sung Hui Chung
Dr. & Mrs. Do Hyun
Chung
LG USA
President Charles Koo
Chong Sun Chay
Mr. & Mrs. Chong Sun
Chay
Samsung Advanced Institute
Dr. Kwan Rim
Soon Kyum Lee
Mrs. Stephanie Kim
Byung Keun & Pyong Ran Choi
Mr. & Mrs. Byung Keun
Choi
Soo Nam Han Memorial
Dr. & Mrs. Sung Kil Moon
Myoung Ho & Yun Kong
Mr. & Mrs. Myoung Ho
Kong
Sun Yung Kim
Mr. Sun Yung Kim
Doo Hyung Chung
Mr. Yu Sok Kang
Joshua & Elizabeth Kim
Mr. Sang Kim
Jean Whan Kim
Dr. & Mrs. Theodore Kim
Dwight & Amy Im
Dr. Dwight Im
Yun & Kim Foundation
Mr. Steve and Jina Kim
Ung Soo & Silmo Kim
Dr. Ung Soo Kim
Hwang Hae Do Min Association
Mr. Myung Ki Min
Elder Chang Ho Do & Na Ok Baik
Memorial
Mr. Chang Ho Do
Hanju & Soonja Lee
Dr. & Mrs. Hanju Lee
Yong Bo Hong & Sun Ju Kim
Mr. Yong Bo Hong
Jung Kap & Sung Sook Hahm
Memorial
Dr. Hahm
Yeun Tae & Mrs. Soon Hee Kim
Mr. Yeun Tae Kim
Kyung Jin Oh Memorial
Mrs. Il Ho Kim / Mr.
Brandon Oh
Joo Ho Choe
Mr. Joo Ho Choe - Woo
Sung Construction
Hyung Kyu Woo
Mr. Chang Choon Woo
Byung Hwa Jo & Hwang Gum Park
Mr. Byung Hwa Jo
Samsung Electronics America
Samsung / Mr. Bo Soon
Song
Yong Gul & Wanda K Park
Mr. Yong Gul Park
Chung Choon Young Foundation
Soon Young Rhee Park
Mrs. Helen Park Hahm
Mrs. Choon Young
Chung
Yang Baek
CEO/Korea Nong San Yong Hak Park
2008
Rev. Moon Hyuk Kang
Dr. & Mrs. Eui Baik
Chung
Keun Young Jang
Mrs. Haeng Nam Paik
2009
Open Door Presbyterian Church
Rev. Yong Hoon Kim
Athletic (Annual Golf Tournament)
KASF-ERC
Dae Hyun Ko
Mr. Dae Hyun Ko
Pai Chae High School Alumni
Pai Chai HS / Young A Ha
Mike Yu Shik Kim Memorial
Mr. Tae Hwan Kim
Cinthia Kim
Dr. Jeong Hoon Kim /
Yurie Systems
Il Ho Kim Memorial
Mr. Brandon Oh
Kum Ock Lee Foundation
Mr. Nae Won Lee
YoTaik Song
Dr. & Mrs. Yo Taik Song
Ambassador Jack
Chee Myong Song
Dr. & Mrs. Young Dahl
Song
Korean Economic
Institute
Hyung Soon & Hee Hyun
Mr. & Mrs. Sung Bin Im
Ki Chul Ko
Mrs. Yong Soo Ko
Sun Young Hwang
American Wheat Mission Inc.
Rev. Taik Jung Chung
Dr. and Mrs. Young-Dahl
Song
Wol Rye Kim
Mr. & Mrs. Shawn Boo
Yoon Soo & Dyu Hyun Park
Dr. & Mrs. Yoonsoo Park
Soon Ock & Chin Moon Kim
(2) Chair Scholarships
Dr. Chin Moon Kim &
Mrs. Soon Ock Paik
Whayoung Cho Lee
Dr. & Mrs. Sang Nam Lee
Sun Kyung & Young Whan Park
Mrs. and Mr. Young
Whan Park
Ok Bong Chung
Dr. & Mrs. Eui Baik
Chung
2007
2011
2012
2013
MWRC - Midwestern Regional Chapter
2008
Tae Jin & Min Ok Kwon
Mr. & Mrs. Tae Jin Kwon
LG Electronics
LG Electronics, USA
Year
Chair Scholarship
Donor
1993
Kwang Sun Choi
Mr. Kwang Sun Choi
2009
LG Electronics
LG Electronics, USA
Soon Kyum Rhee Memorial
Stephanie Kim
2010
Pamela Chu Memorial
Mr. & Mrs. Kenneth Chu
Hyun Jae Ihm Scholarship
Mr. & Mrs.Hyun Jae Ihm
2012
Jae Woo Kim Memorial
Mrs. Kim, Jae Woo
Myung Soon Lee Memorial
Mr. & Mrs. Kevin Keun
Moo Lee
Choon Hee Chang Memorial
Mr. & Mrs. Kee Nam
Chang
Kew Sun Chai
Mr.& Mrs. Kew Sun Chai
1995
MERC - Mideastern Regional Chapter
Year
Chair Scholarship
Donor
2002
Kew Sun Chai
Mr. & Mrs. Kew Sun Chai
2003
Chang Soo Choi
Dr. Chang Soo Choi
Dr. Wook & Soon Ja Kim
Dr. & Mrs. Wook Kim
Chull Victor Kim Memorial
Dr. Youngho Kim
Kew Sun Chai
Mr.& Mrs. Kew Sun Chai
BP Amoco scholarship for Kew Sun
Chai
BP Amoco/ Matching for
Mr. Chai
Hyorae Lee
Dr.& Mrs. Soo In Lee, MD
2002
Ji Yong Lee
Mr. & Mrs. Ji Yong Lee
SRC - Southern Regional Chapter
2003
Nam Hee Kim Memorial
Mr. & Mrs. Jin Hwan Kim
Year
Chair Scholarship
Donor
Jong Ku Kim
Mr. & Mrs. Jong Ku Kim
1992
Moon Chul Han
Dr Mrs Moo Hee Lee
Myung Sik Jwon
Dr.& Mrs. Yoon Tae Kim,
MD
1993
Bang Sil An
SRC Benefit Concert
1994
Soo Im Kim
The Yong Kun Kim family
Shin Jung Presbyterian Church
Shin Jung Presby Church
Grace Oh & Taewon Yi
SRC Benefit Concert
Dung Jae Lee
Mr Mrs Dung Jae Lee
Dr.& Mrs Yong Kun Kim
Dr Mrs Yong Kun Kim
Dr Mrs Jae Hyun Kim
Dr Mrs Jae Hyun Kim
Dr Mrs Kee Jo Kim
Dr Mrs Kee Jo Kim
Kay Kim Realtor
Ms Kay Kim
Dr Mrs Byung Kun Chang
Dr Mrs Byung Kun Chang
Korean Churches Council of Atlanta
KCCA
Mr Mrs Joong Sik Cho
Mr Mrs Joong Sik Cho
Hamilton Methodist Church
HMC
Dr. & Mrs. Woo Baek Choi
Dr Mrs Woo Baek Choi
Dr Mrs Ye Soon Kim
Family and friends of YSK
Prof and Mrs Hung Won Jun
Family Of HWJ
Mr Mrs Jong Kook Eun
Family of JKE
StephenJ Moon
Family and friends of SJM
2011
Dr Mrs Young Jin Lee
Dr Mrs Young Jin Lee
2012
Dr. and Mrs. David and Jane Chu
Chu Family Foundation
2004
2005
Byong Uk Chung
Dr. & Mrs. Byong Uk
Chung
2007
Juiet Rim
Mr. & Mrs. Edward Rim
2013
1996
NERC - Northeastern Regional Chapter
Year
Chair Scholarship
Donor
2001
Patriot Hak Soo Park Memorial
Mr. & Mrs. Yong Chan
Lee
Joann & Chong Suk Lee
2002
2003
2004
2005
2006
2007
Mr. & Mrs. Chong Suk
Lee
Tae Jin & Min Ok Kwon
Mr. & Mrs. Tae Jin Kwon
LG Electronics
LG Electronics, USA
Kyobo Life
Kyobo Life Insurance
Rev. Stephan Sungbo Kang
Memorial
Mr. Sungsu John Kang
Jay Lee & Gus Lippman
Ms. Jay Lee & Mr. Gus
Lippman
Kun Jae Won & Kyung Sook Chae
Mr. & Mrs. Kun Jae Won
Byung Kook & Hae Sook Lee Chair
Scholarship
Mr. & Mrs. Byung Kook
Lee
Jae Oh Park
Mr. Jae Oh Park
William Y. & Linda H. Kim
Mr. & Mrs. William Kim
William Y. & Linda H. Kim
Mr. & Mrs. William Kim
Anonymous
(Anonymous)
Pamela Chu Memorial (#1)
Mr. & Mrs. Kenneth Chu
Pamela Chu Memorial (#2)
Mr. & Mrs. Kenneth Chu
LG Electronics
LG Electronics, USA
Dr. Baik Hyun & Sook Ja Kang
Mr. & Mrs. Baik Hyun
Kang
LG Electronics
LG Electronics, USA
2004
2005
2006
SWRC - Southwestern Regional Chapter
Year
Chair Scholarship
Donor
2012
Jonathan Yi Memorial
John Yi
15
List of Chair Scholarships
WRC - Western Regional Chapter
Year
Chair Scholarship
Donor
1986
Dae Bo Kim
Dr. & Mrs. Duk Soo Kim
1987
Myung Han Kim
Mr. & Mrs. Keith Kim
Kwi Sun Kim
Dr. & Mrs. Luke Kim
U.S. Magnetics
U.S. Magnetics
Keun Sik Kim
Dr. & Mrs. Insoo Kim
In Sook Chang
Mr. & Mrs. Leo Hahn
Sarah Choi
Mrs. Sarah Choi/Setwart
Kim
1988
1989
Husky Han
Mr. & Mrs. Husky Han
1994
Seung Il Song
Dr. & Mrs. Seung Il Song
1997
Duk Ryong Yun
Dr. & Mrs. Scott Yun
1998
Jung Won Kim
Mr. & Mrs. C.J. Kim
Steve Y. Kim
Mr. & Mrs. Steve Kim
Woul Young Chu
Mr. & Mrs. Jaemin Chang
Young Hoon Kang
Mr. & Mrs. Sung Yong
Kang
Chi Soo Youk
Mr. & Mrs. Jaemin Chang
Hana Financial
Hana Financial/Sunnie
Kim
Hyon Chough
Ms. Hyon Chough
Dong Kyu Lim
Mr. Mrs. Dong Kyu Lim
1999
2000
Rosalind Okhee Yang
Mr. Eddie Byummo Yang
2001
Steve Koh
Mr. & Mrs. Steve Koh
2002
AT& T
AT& T
Dong Kyu Lim
Mr.& Mrs. Dong Kyu Lim
HLA-A2
Dr. & Mrs. Minsik Park
Soon Woo Yi
Mr. Soon Woo Yi
Jae Kwan Park
Mrs. Ann Park
2003
2005
16
Yong Kyu Yi
Mr. & Mrs. Yong Kyu Yi
2006
Dong Sun Lim
Mr. John Lim
2007
Hwa Kyung Park
Dr. & Mrs. Minsik Park
Sung Woon & In Hwa Kim
Dong Il Jang/Mr. SW Kim
KB Kim & Myungso Chung
Mr. KB Kim
Hyon Chough
Ms. Hyon Chough
2008
Jamison Services, Inc
Drs. David & Miki Lee
2009
Sara Lee
Mr. & Mrs. Nam Lee
Korean American Scholarship Foundation Regional Offices
KASF National Office
1952 Gallows Road, Suite 310
Vienna, VA 22182
feedback@kasf.org
Eastern Regional Chapter
1952 Gallows Road, Suite 310
Vienna, VA 22182
erc@kasf.org
Mideastern Regional Chapter
24666 Northwestern Highway Service Drive
Southfield, MI 48075
merc@kasf.org
Midwestern Regional Chapter
379 Hollow Hill Drive
Wauconda, IL 60010
mwrc@kasf.org
Northeastern Regional Chapter
472 11th Street, Room #202
Palisades Park, NJ 07650
nerc@kasf.org
Southern Regional Chapter
1500 Chipping Court
Rosewell, GA 30076
src@kasf.org
Southwestern Regional Chapter
14759 Kellywood Land
Houston, TX 77079
swrc@kasf.org
Western Regional Chapter
3540 Wilshire Blvd., Suite 920
Los Angeles, CA 90010
wrc@kasf.org
www.kasf.org
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