From right: S-Oil President Ryu Yul, Mapo Scholarship Foundation President Park Hong-seop and Mapo-gu Office head Yoo Dong-gyun pose for a photo at a donation ceremony at the Mapo-gu Office in western Seoul on Thursday. (S-Oil)
S-Oil, one of the four major oil refineries in South Korea, donated 50 million won ($43,600) to the Mapo Scholarship Foundation at a ceremony held at the Mapo-gu office in western Seoul on Thursday, according to the company.
Since 2017, S-Oil has provided scholarships to underprivileged students living in Mapo-gu through the Mapo Scholarship Foundation as part of its corporate social responsibility program dubbed “Sunshine Sharing Campaign.”
“During this difficult time of the coronavirus outbreak, S-Oil hopes its sunshine scholarship could be of help to students. S-Oil will continue its CSR activities and contribute to the well-being of local communities,” S-Oil President Ryu Yul said.
This is not the first time S-Oil has provided financial support to disadvantaged students this year.
In June, S-Oil delivered 280 million won to 114 students from Sundukwon orphanage at the company’s headquarters in Mapo-gu as part of its “Dream Scholarship” program.
Launched in 2016, the scholarship program has donated a total of 1.48 billion won to 600 students.
By Kim Byung-wook (firstname.lastname@example.org)