Sangmidang Holdings expands food bank support, to provide 20 vehicles by 2030
- Input
- 2026-11-11 08:54:35
- Updated
- 2026-11-11 08:54:35
[Financial News] Sangmidang Holdings is expanding its food bank support program, which it has maintained for the past 28 years.
According to industry sources on the 11th, the Happy Foundation, a social welfare foundation affiliated with Sangmidang Holdings, donated two refrigerated box trucks for food deliveries to KOREA Foodbank, run by the Korea National Council on Social Welfare, on the 10th. The trucks were delivered with 4,000 loaves of bread loaded inside. They will be deployed in Busanjin District, Busan, and Gyeryong, South Chungcheong Province.
The cumulative total has reached 12 vehicles since the foundation signed an agreement with the food bank in October 2022 and began donating delivery vehicles. The Happy Foundation plans to donate eight more by 2030, bringing the total number of vehicles supported to 20.
Sangmidang Holdings’ vehicle support program was launched to improve food delivery conditions at local food banks and help ensure the reliable delivery of donated food. Through about 440 local hubs nationwide, the food bank distributes donated food and household goods to vulnerable groups.
As of the first half of this year, the value of food donated to the food bank by Sangmidang Holdings’ affiliates and franchisees since 1998 has totaled 343.9 billion won. This accounts for about 10% of all donations to the food bank and is the largest amount donated by a food company in South Korea.
About 1,200 businesses nationwide currently participate in food sharing, and average annual donations over the past five years have amounted to about 17 billion won.
This stems from Chairman Hur Young-in’s philosophy of social contribution. He has emphasized, “I learned the value of sharing by watching my father, who started a bakery business, share bread with neighbors in need,” and, “Sharing food is a great happiness.”
Chairman Hur Young-in said, “I will continue to work to help make our society warmer and healthier.”
[email protected] Kim Seo-yeon Reporter