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Pony Chung Foundation builds the future by supporting innovation and challenge.

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Extraordinary Affection towards Fundamental Studies

Building on the desire of Honorary Chairman Se-yung Chung that one can only raise competitiveness when the fundamentals are firmly established, Pony Chung Foundation has been promoting academic research projects to support the development of humanities since 2007.

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In 2013, Pony Chung Foundation
expanded the fields of the Young Scholar
Grant, formerly called ‘Academic Grant’,
to all of the humanities and liberal arts,
and expanded the qualification to Korean
Ph.D. holders who earned their degree
within the last 5 years

  • since 2009

    Started supporting
    humanities and history
    research

  • Number of Recipients35

    Extensive support
    for fundamental studies

  • Accumulated Grant1.2billion KRW

    40 million KRW of research
    fund 10 million KRW
    of publishing fund

Selection Process and Grants

Every May, Pony Chung Foundation opens a public contest for the academic funding of research projects. After a document screening process and one-on-one interview, the two most outstanding researchers are selected as final recipients. They are each supported with 40 million KRW as research fund and maximum 10 million KRW as publishing fund. Every February, Pony Chung Foundation holds a yearly banquet to share the research performance of the year’s recipients.

  1. July
    Online Notice
  2. August
    Application Deadline
  3. September
    Document Screening
  4. October
    Interview
  5. November
    Final Recipients
    Announced
  6. February
    Grant Award Ceremony
    &Research Kickoff
  7. August
    Midterm Review
  8. February
    End of Study
    & Yearly Banquet

Recipient Interview

New dreams and challenges,
liberal arts is at the core.

"It is not an easy decision to keep up such efforts as a profit-seeking organization. I believe, however, that these are the efforts that truly elevate the cultural dignity of a nation and a company. I sincerely hope that more companies provide support, just like the Foundation and Hyundai Development Company, to scholars of fundamental studies.”

– 2011 Academic Grant Recipient,
Professor Kyung-hyun Min
(Department of History, Korea University)

I provide a new view,
interpretation, and evaluation
about reactionism.

“I’m honored to receive support from Pony Chung Foundation when I was starting research after completing my Ph.D. degree. I was planning to expand my research theme based on my Ph.D. thesis, and I was able to realize this as I was selected as a recipient of the Young Scholar Grant. This will be a great stepping stone for my research.”

– 2015 Young Scholar Grant Recipient,
Ha Ji-young Ph.D.(Korean Language and Literature,
Ewha Womans University Graduate School)