“We’ve made a real effort to save our money, but can’t spend it all just on ourselves. Please use it to foster talented students in the field of science, who will enrich our country,” said donors at the donation ceremony held today on campus.
A married couple in their 70s donated their real estate, worth approximately USD 6.41 million, to KAIST on November 16, 2015. Seung-Woong Lee, the husband, and Jeong-Ja Cho, his wife, turned over three properties, including buildings in Seoul and Uijeongbu, to the university.
The couple made a promise to themselves to return their assets back to the Korean society since the beginning of their marriage life. They decided that KAIST was the institution with the most potential to contribute to Korea’s growth. This spring they took that step.
The Lee couple said, “We strove to be frugal to gather such a sum of money. We engaged in all sorts of jobs after we left for Seoul from the countryside when the nation was impoverished.”
Mr. Lee said, “On one snowy winter day, I was riding a bicycle on my way back home. Then I saw a restaurant and, at that moment, I yearned for a bowl of soup in such cold weather. But I just rode past because the whole family could eat with the money that I would spend for the soup.”
Ms. Cho said, “At the beginning, I was rather unhappy with my husband’s very frugal personality. But as time passed, I noticed I had become just like him.” She added, smiling, “I often wandered around the market to get even the smallest discounts, and the shops sometimes refused to sell me the goods.”
Their assets are the result of that work ethic and humility. The couple said, “Today is definitely the happiest day of our life because we would keep our promise. We hope that KAIST will foster outstanding talents in the field of science and technology, students who will advance our nation in the future.”
President Steve Kang of KAIST said, “I would like to express my most sincere gratitude toward to this generous couple who have donated their lifetime assets so willingly to KAIST. Their invaluable support will surely become our springboard to continuously pursue our excellence in science and technology.”
In the picture from left to right are Ms. Jeong-Ja Cho (wife), Mr. Seung-Woong Lee (husband), and President Steve Kang.
“KAIST Space Institute will present a new paradigm for space research and education, foster creative talents, and become a space research center to lead the advancement of national space initiatives” (KAIST President Kwang-Hyung Lee) < Vision Declaration Ceremony Photo during Space Research Institute Opening Ceremony > KAIST (President Kwang-Hyung Lee opened the ‘Space Institute’, which brings together all of KAIST’s space technology capabilities to re
2024-09-30Stretchable displays, praised for their spatial efficiency, design flexibility, and human-like flexibility, are seen as the next generation of display technology. A team of Korean researchers has developed a stretchable display that can expand by 25% while maintaining clear image quality without distortion. It can also stretch and contract up to 5,000 times at 15% expansion without any performance degradation, making it the first deformation-free stretchable display with a negative Poisson's rat
2024-09-20< Photos from KAIST-POSTECH Science War (photographed by Student Junhyeok Park of KAIST Freshman Course) > The future leaders of science at KAIST and POSTECH (President Seong Keun Kim) held their annual science and sporting event at POSTECH for two days from September 20th to 21st. The 'KAIST-POSTECH Science War (hereafter KA-PO War)' is a festival consisting of science and sports games and various side events to promote exchange and cooperation between the two universities. It is als
2024-09-19< (From left) Professor Jimin Park of the Department of Chemical and Biomolecular Engineering and Dr. Inho Kim, a graduate of the Department of Materials Science and Engineering > KAIST (represented by President Kwang-Hyung Lee) announced on the 13th of September that Professor Jimin Park from KAIST’s Department of Chemical and Biomolecular Engineering and Dr. Inho Kim, a graduate from the Department of Materials Science and Engineering (currently a postdoctoral researcher at Ca
2024-09-13< Photo. Scholars gatheres for NRF Information Session at Chung Keun Mo Hall > KAIST’s International Office, headed by Vice President Soyoung Kim, successfully organized the ‘NRF Information Session for International Scholars’ on September 11, 2024, in collaboration with the National Research Foundation of Korea (NRF). The event was held at KAIST’s main campus to enourage the international scholar’s active participation in research projects and suppor
2024-09-13