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Lotte Samdong Welfare Foundation

Lotte Samdong Welfare Foundation
Company overview
  • Company name
    Lotte Samdong Welfare Foundation
  • Executive Director
    Shin, Young-ja
  • Date of
    December 4, 2009
  • Major business
    Non-profit social welfare foundation
  • Address
    21F, Lotte Bldg., 30, Eulji-ro, Jung-gu, Seoul, Korea
  • Phone
  • Fax
About us

Lotte Samdong Welfare Foundation was established according to the intention of Chairman Shin, Kyuk-ho in Lotte Group as he wanted to contribute to the development and welfare business in his hometown Ulsan. The name ‘Samdong’ is originated from the place name Samdong-myeong, Ulju-gun, Ulsan Metropolitan City, which is the hometown of Chairman Shin. According to the purpose of its establishment, the foundation promises to exert consistent efforts for the social welfare business of various local communities in Ulsan area, including support for the socially and financially challenged class, assistance of social welfare related facilities and organizations, and cultural and welfare support for local residents.

Main Business
  • - Support the socially neglected class (Support the children of families without parents, free medical service for the elderly, etc.)
  • - Support facilities/organizations (Support for the food market and silver center, etc.)
  • - Support culture/welfare for residents (Support for the children’s and youth musical concert, parties for community elders, etc.)