Miral Welfare Foundation and Hanwha to provide up to 5 million won in medical expenses for children with disabilities and rare diseases

[Financial News] Miral Welfare Foundation, together with Hanwha affiliates, will provide up to 5 million won per child in medical expenses for low-income children in South Korea with disabilities or rare diseases.
According to Miral Welfare Foundation on the 11th, it held a donation handover ceremony for “2027 Monthly Sip” at THE PLAZA Seoul, Autograph Collection, in Jung District, Seoul, on the 9th, and received 250 million won in project funding from Hanwha Machinery & Service Holdings (Hanwha M&S) and its affiliates.
Support will continue through October next year. Each month, the foundation identifies cases of children in need of medical-expense support and recommends them to participating companies, which then select the recipients. The program aims to help children continue treatment and rehabilitation when they need it and ease the medical-cost burden on their families.
“Monthly Sip” operates on a matching-grant basis: the company adds a set amount to donations voluntarily collected by employees. The name reflects the aim of providing urgently needed help to children who need medical-expense support, just as a sip of water can offer relief when someone is very thirsty.
Hanwha M&S, Hanwha Semitech and Hanwha Foodtech joined the program for the first time this year. Including the existing participants—Hanwha Galleria, Hanwha Hotels & Resorts, Hanwha Vision and Ourhome—a total of seven companies are taking part. Project funding rose by 50 million won (25%) from 200 million won this year.
Now in its third year, the program has provided medical-expense support to 56 children with disabilities or rare diseases over its first two rounds. Cumulative donations, including the amount handed over this time, total 550 million won.
A Hanwha M&S representative said, “I hope the small acts of care from each employee will come together to give children the opportunity to receive treatment at the right time and give families the breathing room to prepare for tomorrow.”
Jeong Hyeong-seok, standing representative of Miral Welfare Foundation, said, “We will continue to provide medical-expense support diligently so that the contributions we have received can make a practical difference to children with disabilities or rare diseases and their families.”
[email protected] Jang In-seo Reporter