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Anonymous philanthropist donates 5.5 billion won to KAIST
An unnamed philanthropist donated a large sum of money to KAIST to be used as funds for the school"s development. On September 6th, the donor met with President Suh to donate a sum of 5.5 billion won to the school for the development of science and technology. A KAIST representative announced that the donor did not want to be named and that he was greatly impressed by President Suh"s and KAIST"s efforts towards reformation. The philanthropist wanted the donation to be used for research funds and financial aid. President Suh said that "KAIST was deeply thankful and that it would work harder to show fulfill the donor"s wishes" and that the money would indeed be used for research and the students. This was the 6th largest donation since the start of President Suh"s post in July 2006. Since 2006, the accumulated KAIST development fund has increased 30 times, from 5.9 billion won at the end of 2006 to 180 billion won in September 2012.
2012.09.24
View 6730
A senior couple donated their fortune to KAIST, hoping their contribution to be used for the development of science and technology in Korea.
A couple living in Kyunggi Province, Chun-Sik Cho (86) and Chang-Gi Yoon (82), donated to KAIST a 10 billion won worth of real estate. The couple thought about giving away their fortune since retirement and finally made up their mind after becoming to know about their neighbor’s good deeds. The neighbor, Byung-Ho Kim, gave KAIST a 30 billion won worth of real estate last year. Influenced by Mr. Kim’s donation and their long-cherished wish to help others in need, the couple decided to transfer the ownership of their land to KAIST. They hoped that their contribution to be used for the development of science and technology in Korea. The couple, who survived through the Korean civil war in the early 1950s, recalled their old days, “We made through a harsh and difficult life right after the war. Everyone was poor and had nothing to wear or eat. We literally had to eat all sorts of grasses that were green on the ground. All of us had to work really hard to get out of despair resulted from the colonization of our nation by Japan and the subsequent civil war.” Mr. Cho added, “The development of science and technology in our nation really propelled the overall advancement of our society and helped to make today’s success that is enjoyed by the current generation of our nation. It is our greatest hope that our contribution will add a small help in our nation’s efforts to further advance the development of science and technology. I would like KAIST to do just that with our donation.” KAIST announced a plan to use their contribution for the establishment of a new graduate school specialized in green transportation and the development of related technology, called Green Transportation Graduate School. The university will name the new graduate school after the couple’s name in recognition of their goodwill. The Green Transportation Graduate School will host academic programs and conduct researches related to the future transportation that is based on a renewable energy source and provides answers to the current energy problems faced by mankind. Multidisciplinary and convergent studies will be implemented through collaborations between academia, governments, and industries. In the past four years, KAIST has witnessed a dramatic increase in the number and amount of donations received from all corners of Korean society and from around the world since President Nam Pyo Suh took the university’s top administrative office in 2006—1,004 in 2006; 2,158 in 2007; 3,091 in 2008; and 3,324 in 2009. Major contributions since 2006 30 billion Won by Moon-Sul Chung in July 2001 10 million USD by Byiung-Joon Park in September 2007 2.5 million USD by Neil Pappalardo in November 2007 57.8 billion Won by Geun-Chul Ryu in August 2008 30 billion Won by Byung-Ho Kim in August 2009
2010.07.07
View 10983
President of Israel visited KAIST on June 9, 2010.
President of Israel, Shimon Peres, visited KAIST today on June 9, 2010 to witness the development of science and technology in Korea and explore ways of establishing collaboration and cooperation with industries and universities between Korea and Israel. President Peres led a delegation consisted of the Israeli Mister of Industry, Trade, and Labor, the Minister of Communication, and 60 business leaders from the top companies in the security, infrastructure, communication, high-tech, and water industries. Upon their arrival to the campus, the Israeli delegation was greeted by KAIST’s humanoid robot, “HUBO,” and then moved to its branch campus, IT Convergence Campus, for a ride of Online Electric Vehicle (OLEV) that has been developed by KAIST. The OLEV receives the necessary power through the cable lines buried underground, so it can be provided with a constant and continuous supply of electricity while running or stopping. Between roads and OLEVs is nothing but space. There is no electrical wires intricately crossed underbody of the electric car or above the road. The pick-up equipment installed beneath the body of the electric car collects magnetic fields created around the underground cables, which then converts the filed into electricity. The OLEV’s wireless, non-contact charging system made it possible for a battery currently used for hybrid or pure electric cars on the market to be smaller and cheaper. President Peres expressed a great interest in the technology applied to the OLVE, quoting, “the OLEV system is indeed very impressive.” He talked about efforts being made in Israel with respect to the development of electric cars. The country plans to replace the conventional transportation system with electric cars by constructing a network of battery exchange stations and roadside charge points which allow the cars to be charged whenever they are parked. “Despite the different approach taken by the two nations for the development of electric cars, I believe that transforming the automobile industry from combustion engine to electric system is the right direction we should all follow. Without addressing the current transportation system that heavily dependent on natural resources, we will not be able to promote “green growth on a global scale,” added President Peres. In addition to electric cars, President Peres took up a considerable portion of his time to exchange ideas on how to expand cooperative relations between universities in Korea and Israel, specifically in the area of space, biotechnology, nanotechnology, high-tech, renewable and alternative energy, and the EEWS initiatives that have been implemented by KAIST to find answers to global issues such as climate change and depletion of natural resources. The EEWS stands for energy, environment, water, and sustainability. In response, the president of KAIST pledged to set up a stronger and greater tie with research universities in Israel, particularly called for more collaboration between KAIST and Technion-Israel Institute of Technology. Also, the Israeli delegation had a tour for several Korean research and development centers in Daedeok Innopolis, located in the City of Daejeon, which is the 2nd largest science and research complex in Korea. Shimon Peres, the 9th president of Israel, held many of important government positions in Israel, among other things, Prime Minster and Minister of Defense. He won Nobel Peace Prize in 1994, together with Yitzhak Rabin and Yasser Arafat for the conclusion of a peace agreement, Oslo Accords, between Israel and Palestine Liberation Organization.
2010.06.09
View 15062
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