|Name||킴보재단 Kimbo Foundation|
|Address||8949 Buffalo Ave Rancho Cucamonga, CA 91730 usa|
|Biography||Cofounder of Kimbo Foundation. Previous owner of Kimbo Color Lab in San Francisco. The company was closed after 50 years of successful business.|
|Mission||The mission of The Kimbo Foundation is to recognize and encourage students who show exceptional academic achievement and leadership potential for the Korean community, and to provide them with financial support in their endeavour to study.|
|History||The Kimbo Foundation was established in June 1987 by Mr.Geon Yong Kim(1922-2009), who was an early Korean immigrant to the United States (1957). His career as a teacher in Korea and his love for God and the Korean community, prompted his establishing The Kimbo Foundation, a nonprofit public benefit corporation.
The foundation awarded scholarships to 5 students with the total amount of $5000.00 in the first year of 1988. Since then scholarship amount has grown to $198,000.00 in 2010. The total recipients by year 2010 are 1,432 students, and the total amount contributed to the scholarship is $1,923,500. The foundation also provided scholarships to the students in South Korea during the financial crises. The foundaton also funded 10 Korean-Chinese students each year in China during 2001-2008. The foundation has been one of the largest and oldest scholarship foundations in the United States for the Korean community.
The Korea Daily in San Francisco hosted all of the scholarship events until 1998. From year 1999 The Korea Daily in LA also hosted scholarship events for Southern California students along with The Korea Daily in SF. Reputable judges were selected from the Korean community. From the year 2008 Kimbo Scholorship offers nationwide coverage through The Korea Daily's 6 branches including LA, SF, NY, Chicago, Atlanta and Washington D.C.. This extended coverage intends to find students nationwide who show outstanding academic achievements and who are in financial need.