Community Chest gets more donations

The Community Chest of Korea raised 369.2 billion won ($322.6 million) in 2011, an 8.7 percent increase from the previous year, the public welfare foundation said Monday.

Corporate donations jumped 10.2 percent to 250.8 billion won and individual contributions increased 5.8 percent to 118.4 billion won.

The foundation has granted 319.3 billion won to 25,000 social welfare facilities, allocating 68.1 billion won for children, 29 billion won for the elderly and 25.2 billion won for the disabled.

The rest of the fund will be used for this year’s projects.

(jungho1991@gmail.com)