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KAIST School of Computing Unveils 'KRAFTON Building,' A Symbol of Collective Generosity
< (From the fifth from the left) Provost and Executive Vice President Gyun Min Lee, Auditor Eun Woo Lee, President Kwang-Hyung Lee, Dean of the School of Computing Seok-Young Ryu, former Krafton member and donor Woong-Hee Cho, Krafton Chairman Byung-Gyu Chang >
KAIST announced on May 20th the completion of the expansion building for its School of Computing, the "KRAFTON Building." The project began in June 2021 with an ₩11 billion donation from KRAFTON and its employees, eventually growing to ₩11.7 billion with contributions from 204 donors.
Designed as a "Pay It Forward" space, the building aims to enable alumni to pass on the gratitude they received from the school to their juniors and foster connection. Byung-Gyu Chang, Chairman of KRAFTON and a KAIST alumnus, expressed his joy, stating, "I am very pleased that the first building created by alumni donations within KAIST is now complete, and I hope it will continue to be a space for communication, challenges, and growth that connects to the next generation."
The completion ceremony, held today at 3 PM in front of the KRAFTON SoC (School of Computing) Building at KAIST's main campus, was attended by over 100 people, including Chairman Byung-Gyu Chang, KAIST President Kwang-Hyung Lee, and Dean Seok-Young Ryu of the KAIST School of Computing.
The building's inception dates back to June 2021, with an ₩11 billion donation from the gaming company KRAFTON and its current and former members, dedicated to nurturing future software talent at KAIST. Four alumni, including KRAFTON Chairman Byung-Gyu Chang, who graduated from the KAIST School of Computing, were the first to pledge donations. This initial act inspired more participants, leading to ₩5.5 billion in individual donations from a total of 11 people. KRAFTON Inc. then matched this amount, bringing the total donation to ₩11 billion.
Since 2021, KRAFTON Inc. has operated a "Matching Grant" program, a donation culture initiative driven by its members. This system allows the company to match funds voluntarily raised by its employees, aiming to encourage active social participation and the creation of social value among its members.
Following this, another 11 KAIST alumni from Devsisters Inc., famous for the Cookie Run series, joined the donation effort. This wave of generosity expanded to include a total of 204 participants, comprising graduates, alumni professors, and current students, acting as a catalyst for the spread of a donation culture within the campus. To date, approximately ₩11.7 billion has been raised for the expansion of the School of Computing building. Furthermore, small donations, including those from alumni and the general public, have continuously grown, reaching over 50,000 instances from 2021 to May 2025.
The funds raised through donations were used to construct a 2,000-pyeong (approximately 6,600 square meters) building for individuals who, like Chairman Byung-Gyu Chang, will unleash their potential and become global leaders. The building was named "KRAFTON SoC (KRAFTON SoC)," and KRAFTON Inc. has further pledged additional donations for the building's maintenance over the next 10 years.
The newly completed KRAFTON Building is a six-story structure. From the second floor up, it features research labs for 20 professors and graduate students to freely pursue their research, along with large lecture halls. The first floor is designed as a meeting place for current students, alumni, and seniors, serving as a space to remember those who came before them.
The four lecture halls on the first floor are designated as "Immersion Camp Classrooms." During the summer and winter sessions, these rooms will be used for intensive month-long courses focused on improving coding and collaboration skills. During regular semesters, they will be utilized for other lectures.
Additionally, to support the physical and mental well-being of those weary from study and research, the building includes a small café on the first floor, a fitness center on the second floor, a Pilates studio on the fifth floor, and a soundproof band practice room in the basement.
Dean Seok-Young Ryu of the School of Computing explained, "The motivation for this wave of donations began with gratitude for the excellent professors and wonderful students, the free and open communication, the comfortable acceptance of diversity among various members, and the time when we could fearlessly dream. We cannot fully repay those who provided us with such precious time and space, but instead, this will be a 'Pay It Forward' space, a space of connection, where we share this gratitude with our juniors."
Alumnus Byung-Gyu Chang shared, "KAIST is more than just an academic foundation for me; it's a meaningful place that helped me set the direction for my life. I am very happy that this space, born from the desire of KRAFTON's members and myself to give back the opportunities and learning we received to the next generation, is completed today. I hope this space becomes a small but warm echo for KAIST members who freely communicate, challenge themselves, and grow."
< Congratulatory speech by alumnus Byung-Gyu Chang >
President Kwang-Hyung Lee stated, "The KRAFTON SoC, the expanded building for the School of Computing, is not just a space; it is the culmination of the KAIST community spirit created by alumni, current students, and faculty. I sincerely thank everyone who participated in this meaningful donation, which demonstrates the power of sharing and connection."
< Commemorative speech by President Kwang-Hyung Lee >
On a related note, the KAIST Development Foundation is actively promoting the "TeamKAIST" campaign for the general public and KAIST alumni to meet more "Daddy Long-Legs" (benefactors) for KAIST.
Website: https://giving.kaist.ac.kr/ko/sub01/sub0103_1.php
2025.05.21 View 8769 -
Krafton Matches Alumni Donations to Raise 11 Billion KRW for SW Developers
Alumni donations from the School of Computing, including Baemin and Devsisters, continue to grow
Alumni from the KAIST School of Computing who are current and former developers at the leading game company Krafton, established by KAIST alumna Byung-Gyu Chang, made an agreement to help raise 11 billion KRW during a ceremony on June 4. The funds raised in the matching grant will be used to nurture software developers.
Krafton Chairman Chang donated 10 billion won last January. His donation inspired other alumni working at Krafton as well as its former developers. Eleven KAIST alumni raised 5.5 billion KRW in two months and discussed the matching grant idea with Chairman Chang.
The Krafton matching grant ceremony was attended by President Kwang Hyung Lee, Provost and Executive Vice President Seung Seob Lee, Vice President for Research Sang Yup Lee, Head of the School of Computing Sukyoung Ryu, Krafton Chairman Byung-gyu Chang, and KAIST alumnus from Krafton Seung-woo Shin. Other alumni donors including Krafton CEO Changhan Kim joined the ceremony online.
Krafton CEO Changhan Kim said, “Just as our alma mater played an important role in growing our company, we hope that our donation could help support good developers. This will not only help our company, but advance our industry.”
KAIST and Krafton also signed a business agreement to foster competitive developers. Krafton said it plans to continue giving back to society through the matching grant program.
Head of the School of Computing Sukyoung Ryu thanked Chairman Chang and alumni who took part in the fund raising, saying, “To take the lead in rapidly changing computer technology, we desperately need more top students, faculty members, and facilities. We need more resources and infrastructure for interdisciplinary research.”
The School of Computing has seen significant growth recently. Its number of undergraduate students has increased from 450 in 2016 to more than 900 in 2021. With this donation, the school will expand its current buildings to provide diverse educational and mentoring programs in more spacious facilities.
Seung-woo Shin (Class of ’92), who joined Krafton’s matching grant, said, “I have always been thankful for the people I met and what I learned at KAIST. I was moved by the idea of giving back to the school.”
Seong-jung Ryu (Class of ’97) said, “This donation reminded me of the good times I had back then. I thought it was crucial that the department’s facilities be extended, so I naturally wanted to take part.”
Alumni donations, especially from the School of Computing, have also continued to grow more recently. Woowa Brothers Corp. CEO Beom-Jun Kim, the developer of the meal delivery app ‘Baemin’ donated 100 million KRW in April. Baemin became the most used app in the country during the COVID-19 pandemic.
He explained, “I have been thinking about ways to give something to the next generation, rather than ‘paying back’ those who helped me in the past.”
Encouraged by Baemin’s donation, alumni couple Ha-Yeon Seo and Dong-Hun Hahn from the School of Computing and eleven alumni engineers working at Devsisters Corp. also followed suit.
2021.06.09 View 17864