A U.S.-based non-profit organization said Thursday that it will unveil a monument that commemorates the 1950-53 Korean War at a public park in San Francisco.

The dedication ceremony will take place on Aug. 1 at the Presidio of San Francisco that faces San Francisco National Cemetery, according to the Korean War Memorial Foundation (KWMF) based in the city.

Founded in June 2010, the KWMF has been paving the way to set up a permanent memorial to commemorate the Korean War and the sacrifices made by those that fought in the bloody conflict.

The KWMF said the entrance of the elliptical monument will be decorated with two stone walls, each inscribed with the national flags of South Korea and the United States.

At the bottom of the entrance will be a round bronze panel that praises the accomplishments of the 21 countries that fought in the three-year conflict under the United Nations banner.

The highlight of the monument is a black stone wall standing three meters in height, which chronicles the events and historical lessons of the Korean War. Around the monument will be sculptures and benches that are inscribed with the names of Korean War veterans, their families and donors.

The South Korean Ministry of Foreign Affairs has emphasized the significance of monuments in foreign countries as memorials of the cooperation and friendship among South Korea and the international community.

The organization has raised funds for the monument since 2010, and held a groundbreaking ceremony on July 11, 2015. As of the end of March 2016, total donations amounted to $3.6 million, including $2.5 million from a non-profit foundation and individual and corporate donors. The city of San Francisco also contributed $110,000.

Among the biggest corporate donors are world largest mobile handset maker Samsung Electronics and FedEx, which contributed

$150,000 and $50,000, respectively, to the building of the monument. (Yonhap)