Hyundai endowment fund
announces funding round for
this year

1 minute of reading

Founded at the end of 2006, the Hyundai Endowment Fund has distributed CZK 15.5 million over eight years, supporting 105 projects aimed at protecting the environment and supporting civil society, education, human rights protection and improving public access to decision making. The Board of Directors of the Fund consists of representatives of Hyundai Motor Manufacturing Czech, the Moravian-Silesian region and the Frank Bold Organisation and Soil for Life.

Last year, the endowment fund supported a total of 15 projects dealing with, for example, clearing litter from pedestrian access routes to Lysa Mountain, planting a shrubbery barrier to prevent animals from running on to the road, or rescuing waterlogged localities and restoring pools in the Beskydy mountain region, enabling life and reproduction rare amphibians.

“The Endowment Fund is run by an independent board of directors, but since the fund is named Hyundai and draws funds from our manufacturing facility, I am truly pleased that the fund has taken hold and supports useful things in nature and society,” said Dongwoo Choi, President of car manufacturer HMMC. The Hyundai Endowment Fund has announced a new appeal for grant requests 2016, in which non-commercial organisations can apply for funding for their projects.  The scope of the fund is geographically limited to the districts of Frýdek-Místek, Nový Jičín and Karviná, where the project must be implemented. Each individual project can apply for a contribution of up to CZK 500000 and the deadline for submitting applications is 11th April 2016. Details can be found on the Foundation’s website: www.nfh.cz. If you have an interesting project that meets the criteria, then do not hesitate to contact us because there are funds available and the chance of success is high.