[김범수發 소셜임팩트 ②] Chairman Kim Bum-soo seems to present the ‘5 trillion won foundation’ through a donation

Beomsu Kim, Chairman of Kakao.  Provided by: Kakao
Beomsu Kim, Chairman of Kakao. Provided by: Kakao

[미디어SR 이승균 기자] While Kakao Chairman Kim Beom-soo declared that he would donate 5 trillion won worth of assets to solve social problems, attention is paying attention to the social problems he paid attention to and how to solve them.

As Chairman Kim Bum-soo contributes trillions of assets, the donation method he chooses is expected to have a great influence on corporate social contribution development and the donation culture of high-income owners.

On the 8th, Chairman Kim expressed his heart in a New Year message sent to Kakao Volunteers and employees of affiliates, saying, “I made a pledge to donate more than half of my assets to solve social problems while living in the future.”

In this message, Chairman Kim emphasized, “We will solve many social problems that people are having difficulties with our own problem solving method.”

Chairman Kim said, “I started thinking about how to use it concretely,” and “I will find and support people to solve social problems in areas that are difficult for Kakao to access.”

Accordingly, experts in the field of social contribution are observing that Chairman Kim will donate funds necessary for social contribution projects through the foundation, and directly conduct projects and investments through the foundation.

Professor Kim Jin-woo of Hankuk University of Foreign Studies said to the Media SR on the day that Chairman Beom-soo Kim’s future donation, “Korea has not activated other systems such as public interest trust, so there are not many options for large domestic donors. For this, the foundation will be utilized.”

In fact, Chairman Kim has served as the chairman of the Kakao Impact Foundation established in 2018. The Kakao Impact Foundation has implemented projects such as ‘100up’ and’Project 100′, a collective intelligence platform that solves problems based on the definition of social problems and participation of a large number of people.

Unlike other companies that include a large number of executives and employees on the board of directors, the Kakao Impact Foundation attracted attention by comprising social entrepreneurs, creators, and venture experts as board members.

According to the IT industry, Chairman Kim recently reportedly plans to create a shared office space where young people and experts can gather. Given such movements, Chairman Kim is expected to form a pool of experts similar to the Kakao Impact Foundation to define social issues and make investments to resolve them.

The financial resources required to resolve the problem are expected to be gradually sold out through equity contributions, etc., in part when necessary. Experts predict that Chairman Beomsoo Kim will utilize the donation through an existing foundation or a new foundation.

Tae-gyu Park, an emeritus professor at Yonsei University, told Media SR, “As Chairman Kim decided not to just donate, but mobilize his own experience and knowledge to solve the problems of Korean society, it seems that he will work through his foundation.” It will be a milestone in the culture.”

A Kakao official pointed to Media SR, “There are no special changes in the operation of the existing foundation yet,” and “The specific implementation plan is currently under consideration, and it is expected to be confirmed after sharing opinions with the employees.”

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