2011 WT Foundation Annual Report

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The Work Together Foundation has been issuing annual reports

since 2007 in order to help citizens and officials understand

our activities and outcomes. The fifth edition contains efforts

and outcomes the WT has undertaken in 2011 with a focus on

activities related to improving the sustainability of society and

individuals. It also introduces our nationwide and international

partners who share and support our vision through various

projects and businesses.

Work Together Foundation

Vision and Mission2011 Main Issues

{ 2011 Domestic Projects }Job CreationSupport for Social EnterprisesReducing Unemployment Rates of Recent GraduatesVitalizing Local CommunitiesFundraising & CampaignsResearch & Publications

{ 2011 International Projects }International Cooperation and NetworkingSmile Together PartnershipAsian Social Entrepreneurs Summit (ASES)

Business PerformanceFinancial PerformanceOrganizational GovernanceThe WT’s HistoryMain Office Staff

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Mission

Core Values

Vision and Mission

Vision Our vision is to create a sound society by resolving social polarization

and creating sustainable jobs.

Creating decent jobs for the people

Lowering unemployment rates of a diverse constituency and

reducing social polarization

Incubating and promoting social enterprises

Strengthening the social safety net

Supporting the capacity building of the civil sector and developing

human resources

Passion Justice

We support vital social values with courage and wisdom.

Creativity

We find innovative solutions with an open mind and new ideas.

We aim to be a private think tank, offering highly qualified information and alternative paths to reliable employment.

Specialty

We seek authenticity through continuous communication.

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Since 2011, the Work Together Foundation has been operating its Smile Together Partnership,

a project that supports the establishment of social enterprises and gives operational assistance to alleviate poverty and unemployment faced by people

in developing countries.

Through its support of social enterprises, the Work Together Foundation suggested a path to fundamental and sustainable solutions to unemployment and poverty

issues, positioning itself as the pathfinder.

In addition, the WT will host the 3rd Asian Social Entrepreneurs Summit,designed to support networking and cooperation among Asian social

entrepreneurs, showing their potential strength.

The outstanding work of the WT is now going beyond Korea, reaching abroad.

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2011Main Issues

04 Conduct basic research on alternative social safety net models

for unstably employed youths

Expand the G-Market College Tuition Support Project to a

combined fundraiser with the Community Chest of Korea

05 Spread social enterprises in Cambodia, Philippines, Laos, and

other countries

Host the Asian Social Entrepreneurs Summit (ASES)

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Improving of the office area and setting up the WT library

Offering training courses and seminars related to each person’s

position

Offering foreign language courses for international capacity

building

Making efforts to develop a personnel rating

07 Continuously and actively promote the WT in the press and

launch promotional campaigns

Seek out and use medium, such as SNS, mobile applications and

e-books, that take full advantage of technological advances to

promote the WT

Develop an integrated support system to build DB

Actively publish the WT-created books

01 Based on strengthened expertise, support the social enterprise

establishment and endorsement

Foster new and creative social entrepreneurs based on

accumulated know-how and experience

Run two incubating centers that develop young social enterprises

Expand corporate matching to consistently support social

enterprises

Provide business consulting, assist in pioneering new markets,

and help distribute and promote products

Procure additional funding from the Smile Microcredit Bank and

further expand loans on social enterprises

02 12 new projects were developed and implemented in 2011

Continuously propose new projects to major corporations,

public corporations, and local governments

03 Through the Community Chest of Korea, seek ways to expand

broadcast fundraisers on SBS etc.

Seek ways to collect special funding for youths, college

students, and the handicapped

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Based on the accumulated know-how of assisting and supporting social enterpriese,

the WT expands its outstanding work to reach abroad, establishes various partnership and diversifies the

project funds and fields. All of the outstanding works of the WT will be the

cornerstone for its stepping up.

Establish Asia’s best comprehensive support system for social enterprises

Promote new business projects and constantly suggest new ones

Diversify routes of financial resources and develop special types of funding

Propose effective solutions to problems faced by youths such as college tuition support

Expanding Interna-tional cooperation and networking

Innovate human resources infrastructure and development schemes such as employee training

Establish systematic promotion plans for the Work Together Foundation

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{ 2011 Domestic Projects } Job Creation

Support for Social Enterprises

Reducing Unemployment Rates of Recent Graduates

Vitalizing Local Communities

Fundraising & Campaigns

Research & Publications

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Supporting a Social Enterprisenear Abandoned Mines inKangwon ProvinceThe foundation has contributed

to creating alternative jobs and a self-suffi-cient energy supply in an abandoned mine region in Kangwon province, thanks to sup-port from the Kangwon Land since 2008. In 2011, the foundation supported the estab-lishment of a social enterprise called Local E&R that manufactures wood pellets and distributes wood pellet boilers.

Wood pellets are a type of wood

fuel, generally made from com-

pacted sawdust or other waste

from sawmills and other wood

product manufactures.

Job Creation2011 Domestic Projects

The Work Together Foundation creates sustainable employment models

with the cooperation of corporations, the government and NGOs for

people excluded from public welfare or employment programs. The WT

especially works to create jobs for the vulnerable, including women and

the elderly, and to improve the quality of the jobs available to them.

Supporting LH CommunityBusiness Social EnterpriseStartupsThe foundation supports com-

munity-based social enterprise startups with sponsorship from the Korea Land & Housing Corporation in the public rental housing districts where vulnerable groups of people, such as single-parent families, North Korean defectors and multicultural families, are gathered.

Five districts were selected in-cluding Ik-san, Chung-ju, Hwa-seong, Ul-san and Won-ju in 2011 through a business plan competition. Thirty-nine people were newly employed and 173 people were offered a job training course through the project.

Community business social enter-

prises are a new type of social en-

terprise which are run and man-

aged by residents of the local

community, create jobs and offer

social services.

Job Creation2011 Domestic Projects

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Support for Social EnterpriseEstablishment, Certification andOperationThe foundation was officially des-

ignated by the Ministry of Employment and Labor as an integral social enterprises sup-port organization from 2007 to 2010, provid-ing consulting for the establishment and certification of social enterprises, as well as accounting and management.

In 2011, based on our accumu-lated know-how in the field of social enter-prise, the foundation was designated by the Seoul Metropolitan Government as the of-ficial organization monitoring the certifica-tion of social enterprises in Seoul.

Capital Loans for SocialEnterprisesSince 2003, the foundation has is-

sued credit loans to social enterprises with a fund for the sustainable growth of social enterprises facing economic difficulties es-tablished by the Smile Microcredit Bank, the Ministry of Employment and Labor and the WT. Business consulting services are also provided to social enterprises receiving loans.

Support for Preliminary Social EnterprisesThe foundation intensively sup-

ported preliminary social enterprises for their sustainable growth through new prod-uct development, training and facility in-vestment with funds from the following WT partners: British American Tobacco (BAT) Korea, the Kangwon Land, Korea Plant Ser-vice & Engineering (KPS), Korea Eximbank, Boeing Korea, Hyosung, LG Electronics and the LG Electronics Labor Union.

Support for Social Enterprises2011 Domestic Projects

Support for Social Enterprises2011 Domestic Projects

As a mode of alternative employment, the foundation supports social

enterprises which provide social services and create jobs in various

ways such as by offering business consulting, promotion opportunities

and human resource development. The foundation also runs social

enterprise incubating centers to discover potential social enterprises

and nurture them through accumulated experience and know-how.

Social Entrepreneurs CapabilityBuildingThe foundation operates a variety

of programs to train social entrepreneurs to become professional managers who under-stand and practice the core values of so-cial enterprise. It does this through a social entrepreneurs training program, university curriculum in social entrepreneurship, and scholarships. In 2011, an Academy for So-cial Entrepreneurs, SK Sesang School Acad-emy and Sungsil University Venture Acad-emy were hosted by the WT.

Social Enterprise Support throughEncouraging Ethical ConsumptionThe Hyundai Home Shopping Dis-

tribution Support Project for Social Enterpris-es and the Mapo District Social Enterprises Promotion Festival were held in order to give social enterprises opportunities to expand their distribution channels and to promote their enterprises. The Good-hearted Con-sumption 365 Campaign has been also carried out to ask consumers to practice healthy consumerism.

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Social Networking Center‘The Hope Center’In its efforts to abate unemploy-

ment among young people, the foundation has been taking various approaches since 2006 to help young people seeking alterna-tives for finding work. The WT has developed alternative policies and presented social issues through research, training programs, forums, and round-table discussions, with experts in unemployment and young job-seekers themselves participating.

The programs implemented in 2011 are the Wiggling Planning Group and the Independence Media Workshop. In addition, the Hope Center suggested the establishment of a mutual aid association based on a survey. Its purpose is to address the weak social safety net and the unmet goals of young people.

Social Venture Incubating CenterThanks to a contribution from the

Life Insurance Social Project Committee and Kyobo Life Insurance, the third floor of the Work Together Foundation office building has been converted into the Social Venture Incubating Center, providing ten selected social ventures with space for office use, back-office task assistance, training and promotion opportunities, expert coaching and network expansion.

Nurturing Young Social EnterpreneursThe Work Together Foundation

was designated as one of the operation organizations for ‘Nurturing Young Social Enterprenerus Project’ by the Korea Social Enterprise Promotion Agency in 2011, estab-lishing the Yang-cheon Incubating Center to support preliminary social entrepreneurs

Reducing Unemployment Rates of Recent Graduates2011 Domestic Projects

Reducing Unemployment Rates of Recent Graduates2011 Domestic Projects

In order to address the problem of youth unemployment, a variety

of projects are being executed in the interest of helping youths find

solutions by themselves. We develop special programs for unemployed

graduates while helping to build the infrastructure needed to create

jobs for them. As one of our alternative solutions to this problem,

we actively seek out and support social ventures which showcase

innovative ideas and creativity.

and providing a integral incubating pro-gram based on accumulated know-how.

The Social Venture CompetitionThe Social Venture Competition

has been held by the Ministry of Employ-ment and Labor since 2009 to seek out and support social ventures which showcase innovative ideas and creativity. The WT played a central role in the organizing pro-cess by carrying out key tasks such as pro-viding nationwide PR, arranging prizes to be awarded to outstanding contestants, setting up screening criteria, providing mentoring methods, and organizing the final contest, which, overall, has contributed to elevating general interest in social ventures.

Supporting School Tuition for Undergraduate StudentsTo break the vicious circle of

young people who have to do part time work under poor conditions to pay for their high school tuition, the foundation carried out a project supporting school tuition for 30 un-dergraduate students and providing school loans for 1,000 undergraduate students from low-income families with the sponsorship of G-market. Along with financial support, an alternative internship program was provid-ed for young people who wish to have work experience.

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Supporting for After-schoolProgramThe WT has carried out an after-

school program for children in low-income families to provide them with educational and cultural services and good educational programs with sponsorship from the Shin-han Bank and Mapo-gu Office since 2010. In 2011, the I Fun Creativity Media Class by The Youth I Friend Foundation, a preliminary social enterprise, and the Leadership and Creativity Skill Learning through Playing Pro-gram by the Central Women’s Association were selected as after-school programs de-signed to improve the creativity and leader-ship skills of local children.

Supporting for Local ChildrenCenter and Study RoomThe Mirae Asset Hope Book Cafe

Project, which installs book cafes in local children centers or study rooms, and the LH Rental Housing Residence Study Room Sup-porting Project, which makes study rooms in public spaces in public rental housing residences, were carried out to help local children to grow into fine youths under the better educational condition.

Vitalizing Local Communities2011 Domestic Projects

Vitalizing Local Communities2011 Domestic Projects

The WT works to build a solid foundation where local entities within

each community, such as local residents, NGOs, companies and

local governments, can discuss and try to solve the employment and

welfare problems within the community. The WT also suggests various

experiments and business models, enabling local residents to vitalize

the local economy and the community by themselves.

Remodeling an Eco-friendlyPlayground ProjectWith the sponsorship of the Korea

Land & Housing Corporation, old and dan-gerous playgrounds were turned into safe eco-friendly and playgrounds through re-modeling, allowing children to play safely and local people to take a rest.

Caring Service for theUnderprivilegedWith the sponsorship of the Korea

Land & Housing Corporation, the Foundation provided the underprivileged in Cheonan city with a care service through the Cheo-nan Caring Social Service Center. 77 jobs were created through the project.

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SBS Hope TV; BroadcastingFundraisingWe have been running a joint

fundraising program with six renowned, nongovernmental organizations in Korea through SBS Hope TV since May 2009. During this one-year period, over 3,000 individuals have made donations through this fundrais-ing program, and there were 550 additional individual donors in 2011.

This meaningful sum of individual contributions is used to help, through spe-cial agencies and social enterprises, chil-dren and youth with economic difficulties, so that they will be able to support them-selves in their adulthood.

Light a Lamp‘Light a Lamp’ is a project de-

signed to encourage the self-reliance of youths from low-income or unemployed households, planning and implementing various projects with children and youth specialized agencies.

In 2011, the foundation provided school uniforms to a total of 320 students in collaboration with 43 organizations and se-lected two children and youth specialized agencies and six social enterprises to en-courage the self-reliance of youths.

Fundraising and Campaigns

2011 Domestic Projects

Fundraising and Campaigns

2011 Domestic Projects

The Work Together Foundation was established with civil funds collected

during the financial crisis of the late ‘90s. In continuation of the efforts

made to tackle the issues of mass unemployment triggered by the

financial crisis, we were giving a boost to our engagement through the

collection of civil donations starting in 2009. The funds raised are used to

create jobs and support the unemployed, low-income households with

children, and youth in economic and social need.

The Work Together Foundation’s accumulated experience and know-

how in implementing projects and managing the fund, networking

with useful and practical resources and utilizing professional human

resources maximize the value of donations collected from our individual

contributors.

The Mania Giving CircleIn 2009, the Mania Giving Circle,

formed by fans of Seo Tai-Ji, signed an agreement with the Work Together Founda-tion to carry out a project to support youths from low-income households.

Since 2010, it has been sup-porting the Yoojasalon, a social enterprise which links young people who always stay at home with the world through the music.

The Mania Giving Circle is a new fundraising method, by which donors are able to choose the projects and the people who benefit from them. It takes innovative approaches to its nonprofit activities by in-corporating and utilizing not only monetary resources but also the knowledge, skills and experience of its participants, allowing more effective and efficient practices.

KB Dreaming of the Youth ProjectThe foundation has carried out

this project with the sponsorship of the KB Kookmin Bank since 2010, hosting a career camp to help youths discover various types of future jobs and provide them with vaca-tional training in various fields.

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Specialized ResearchThe WT has been conducting re-

search on social issues faced by society, especially regarding the recent graduate unemployment problem, job creation, the securing of a social safety net and the vital-ization of social enterprises. Based on this re-search, the WT offers alternative policy sug-gestions for social issues to the government and new strategies to solve the problems. In 2011, “Research on Developing an Al-ternative Social Safety Net Model for Young People,” “Research on the Trends of the Ko-rean Cooperative Federation Sector and its Possibility of Being Linked with a Social Enterprise” and “A Study on the Methods to Find the Real Condition of Social Enterprises and the Formation of Lists of Research” were published.

Research and Policy DiscussionForumThe WT supports policy research

related to social enterprises and employ-ment, linking the outcomes to projects which are being implemented. In addition, policy discussion forums were held to publish the outcomes of the research and to discuss the social issues faced by society. In 2011, the Policy Discussion Forum was held in com-memoration of the 8th anniversary of the WT’s founding. An international symposium with the theme of “the change of social se-curity law and welfare policy in 3 East-asian countries” was held, co-organized by the Korea Researching & Consulting Institute on Poverty, the Law Center of Kookmin Univer-sity and The Korean Association of Social Security Law.

Research and Publications2011 Domestic Projects

Research and Publications2011 Domestic Projects

Issuing of ProfessionalPublications and Source BooksIn order to share the outcomes of

projects and research done by the founda-tion and to provide information on world-wide trends related to social enterprises and employment policy, the WT has been publishing series of books, source books and translations.

Since the Institute of Policy and Strategy Research was established

within the foundation in 2006, it has been carrying out various projects

in the form of research, publication and domestic/international

exchanges. We analyze new paradigms in the labor market and

propose perspectives and alternative policies based on them.

We conduct realistic research and policy development about the

changing environment for the unemployed poor.

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{ 2011 International Projects } International Cooperation and Networking

Smile Together Partnership

Asian Social Entrepreneurs Summit (ASES)

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International Cooperation Introducing the projects of the WT and the trend of Korean social enterprises by meeting international social entrepreneurs or researchers visiting the foundation Hosting the information session for a busi-ness plan competition for social enterpris-es supported by the Toyota Foundation in Japan

International Capacity Buildingfor Domestic Social Enterprises

Offered translation service for domestic social enterprises (Touch 4 Good, the So-cial Venture Incubating Center, the Korea Heritage Center, the Korea Housing Wel-fare Association and Art Stage ‘San’) �� Introducing news and trends of interna-tional social enterprises through translation (updating on www.sehub.org on a monthly basis) Translating and publishing foreign books on social enterprise and social economy into Korean (Volume 1: Nothing Ventured, Nothing Gained / Volume2: Community Business Financing Manual)

International Cooperation and Networking

2011 International Projects

International Cooperation and Networking


We contribute to the construction and actualization of an Asian social

entrepreneurship network through various activities such as organizing

international symposiums, raising funds, acquiring advanced practices

from abroad, and introducing the Korean social entrepreneurship model

to the international community.

We introduced the model, the status of social enterprises of Korea,

and its supporting system externally, and tried to encourage the role of

Korean social entrepreneurship, especially in Asia. To attain a continuous

network of social entrepreneurs and related professionals, we laid out

a foundation of collaboration programs and conferences with other

intermediaries supporting social enterprise. Moreover, we tried to provide

a business field—specific database which details problems social

entrepreneurs face, along with the attempted solutions.

‘Bridge,’ A Language Translation Pro-bono Group

‘Bridge’ is the official translation volunteer group of the Work To-

gether Foundation, launched in July 2009 with the purpose of linking the

world to social enterprises through different languages. Aside from the tra-

ditional translation volunteering, it introduces both local and international

social enterprises and acts as a “bridge” to build practical cooperative sys-

tems by providing different language translating services.

Public Relations for International Communications

Updating home pages (English / Japanese / Chines)

Updating social networking services Publishing the WT Online Newsletter (Eng-lish / Japanese)

Publishing a report on the 2nd ASES (Ko-rean / English)

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Since 2011, the Work Together Foundation has been promoting its Smile

Together Partnership (STP), a project that supports the establishment of

social enterprises and operational assistance in developing countries.

Through the project, it has been working to alleviate poverty faced by

children in various developing countries. In addition, STP attempts to

support the creation of employment opportunities that respect the local

culture while maintaining its sustainability. Through social enterprises,

STP strives to provide employment for parents so that their children can

receive better care at home. It also supports social enterprises that

provide employment and educational opportunities for youths who

have to work, allowing them to take their first step in society.

PrinciplesWe are seeking projects with fol-

lowing principles: A project physically based in a local com-munity and working with residents

A project nurturing leadership in local peo-ple

A project which created a sustainable business model without harming the local community

Evaluation Criteria Clarity of social purpose and the social problem that needs to be solved Feasibility or actual establishment of social enterprises that aim to provide solutions for impoverished children Possibility of providing direct support to im-poverished children Networking with the local community Enterprise sustainability even after support from the Work Together Foundation

Institution’s ability to conduct the enter-prise responsibly Effective budgeting and ensuring transpar-ency

The Details of the ImplementationFinancial support:

On average $30,000 (USD) for a fiscal year (from $20,000 to $200,000 for each project)

Non-financial support: Business consultancy services with the uGET program of the School of Manage-ment at Yonsei University and pro-bono business consultants Pro-bono professional consultancy servic-es from the business industry Connecting business field related resources and networks for facilitating further support

uGET Project

The Work Together Foundation has been cooperating with Yon-

sei University for the undergraduate Global Experience Team project (uGET

Project) since 2009. This project is designed to give students opportunities

to broaden their global perspective and experience through conducting

projects and research overseas.

The Work Together Foundation has sent uGET project groups to

the sites where the Smile Together Partnership projects are going on for con-

sultation. The outcome of the uGET project is maximized through the collab-

oration with the WT’s professional pro-bono business management and ac-

counting consultants. The outcome of the research and consulting through

the uGET Project is implemented and adopted in practice.

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Vang Vieng, Lao P.D.RThe WT Foundation supports the

establishment of Café ZoomSun for the Phoudindaeng Youth Center to manage and operate in Vang Vieng, Laos. The operation of Café ZoomSun by the Phoudindaeng Youth Center generate jobs for youths in the poverty-stricken region of Vang Vieng. In

Siem Reap, CambodiaThe WT Foundation opened the

Lotus Hope Beauty and Hair Center in 2011 as a part of the Smile Together Partner-ship projects in Siem Reap, Cambodia in cooperation with Lotus World. The Lotus Hope Beauty and Hair Center attempts to

Towerville, the PhilippinesThe WT Foundation established

the CAMP Sewing Center in Towerville in co-operation with CAMP Asia in order to sup-port refugees forced to move from homes that were demolished by inhumane govern-ment policies or natural disasters. The center

help poor children, especially girls, to be-come self-reliant by offering cosmetology training programs. Furthermore, we hope for it to grow into a sustainable and self-reliant center by providing beauty services to local residents and generating revenue.

addition, it will propel the center to become self-reliant financially and structurally as the generated revenue is going back to oper-ating the center. We envision growing more competent young leaders who can contrib-ute to their society and fostering economic development.

offers sewing training programs to Towerville women. It generates revenue by operating jobs and prepares the trainees to enter the workforce. The participating women benefit from working at home, which allows them to take care of their children.





Phnom Penh, CambodiaThe WT Foundation helps to run Ban-

teay Prieb, a job training center for the disabled, by providing consistent and structured job training programs to the disabled and youths. Through the Smile Project Partnership, we hope to help Banteay Prieb to become self-reliant and sustainable. In order to do so, we support the

establishment and operation of the CraftPEACE Café. The establishment of the CraftPEACE Café would generate more jobs for the Banteay Prieb trainees. All the earnings from the CraftPEACE Café will go back to operating Banteay Prieb; hence, it becomes self-reliant and creates more jobs and for the disabled and youths.

Project Title

Expected Outcomes and Influence

Establishment of the CraftPEACE Café under the management of Banteay Prieb to create more jobs for the disabled and youths and to help them become self-reliant

��Promote the financial self-reliance of families with disabled members��Create more jobs for the disabled by fostering their participation and en-hancing work-site safety

Improve the quality of life and drinking water, and enhance mobility

Project Details ��Support the establishment and operation of the CraftPEACE Café to generate revenue and jobs��Provide wheelchairs and housing to the disabled and youths

Partner Jesuit Service Cambodia

Project Title Establishment of Café ZoomSun under the management of the Phoudindaeng Youth Center to bring up more young leaders

Project Details ��Support the establishment and operation of Café ZoomSun to generate revenue and jobs��Support child education and raise the standard of living

Partner AVAN Korea


�� Create more jobs for unemployed people Improve the quality of life of deprived and vulnerable villagers

Project Title Establishment of the CAMP Sewing Center to relieve poverty for Towerville refugees

Project Details Support the establishment and operation of the CAMP Sewing Center to create jobs for women in Towerville Provide support for child care and school meals for undernourished children

Partner CAMP Asia


Build a model for relieving poverty in Asian countries through social enterprises Generate revenue and create more jobs, which in turn attempts to relieve poverty Reduce number of children suffering from undernourishment and a lack of child care

Project Title Establishment of the Lotus Hope Beauty and Hair Center to help poor children, especially young girls, become self-reliant

Project Details ��Provide cosmetology training to poor children at the Lotus Hope Beauty and Hair Center ��Attempt to generate revenue by providing beauty services to local residents

Partner Lotus World


�� Stabilize household economic conditions and increase the number of self supporting individuals

Shift Cambodian’s negative perception on hairdressers by providing Korea’s advanced cosmetological techniques

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2008 The First ASESDate October 28, 2008 (Tuesday) ~ October 30, 2008 (Thursday)Venue Olympic Parktel, Seoul, South KoreaTheme We are Social Entrepreneurs in ASIA�Organizers Work Together Foundation, National Council of Social Enterprises in Korea, Korea Health Cooperative Federation, the Hope Institute, Hankyoreh Economic Research Institute, Global Links Initiative, SVP Tokyo, ETIC

2010 The Second ASESDate November 29, 2010 (Monday) ~ November 30, 2010 (Tuesday)Venue Seoul KyoYuk MunHwa HoeKwan�Theme Asian Poverty and Social Entrepreneurship, a Wave of Change in Asia Organizers Work Together Foundation, Seoul Foundation for Arts and Culture, National Council of Social Enterprises in Korea, Social Enterprise Network, The Hope Institute, Institute of Sustainable Development





The Asian Social Entrepreneurs Summit (ASES) aims to empower Asian

social entrepreneurs as community organizers and innovators and

to help Asian social enterprises find practical ways to collaborate in

order to improve society. We try to provide a business field—specific

database, which details problems social entrepreneurs face and the

attempted solutions. This database also highlights the best practices

for social enterprises in Asia through the biannual Asian Social

Entrepreneurs Summit.

VisionPromote cooperation and ex-

change among social entrepreneurs who share the cultural and geographical bond of being of Asian and create sustainable so-cial enterprises in Asia

Mission��Based on mutual understanding of the unique geographical, economic, and cul-tural situations within Asia, it strives to cre-ate a cooperative system of social entre-preneurs and establish an infrastructure for transactions inside the system.

Assist Asian social entrepreneurs and create synergy by increasing mutual ex-change

Break away from only using social enter-prises from developed areas, such as the US and EU, as models, and share indepen-dent and original Asian social enterprise models and their results

Develop Asian social enterprises accord-ing to Asia’s socio-cultural and geographi-cal characteristics

2012 The Third ASES�Date July 3, 2012 (Tuesday) ~ July 4, 2012 (Wednesday)Venue Jeollabukdo, Jeonju, Korea�Theme Creating Solidarity among Asian Social Enterprises and an Environment that Promotes Sustainable Growth�Hosts and Organizers Work Together Foundation, the Ministry of Employment and Labor, the Jeonbuk Provincial Government, Korea Social Enterprise Promotion Agency

ASES Website www.asiases.org

Business Performance

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Creation of Decent Work 2,627jobs (direct or indirect employment)

2007 2008 2009 2010 2011

5,656 10,291 15,437 17,370 19,997

Number of Jobs

(accumulated total / unit: job)

Providing Social Services 19,117people

(patient and children care, education, meal service, etc.)

2007 2008 2009 2010 2011

160,620 393,263 1,167,966 1,593,813 1,612,930

Number of Beneficiaries

(accumulated total / unit: person)

Raising and Expanding Social Capital

1,206,500,000 won

(expenses for business operation, equipment purchase, rent, etc.)

2007 2008 2009 2010 2011

23 46 53 71 85

Number of Loans

(accumulated total / unit: case)

2007 2008 2009 2010 2011

202,800 561,300 678,300 860,300 980,950

Total Amount of Loans

(accumulated total / unit: KRW 10,000)

Integral Support for Social Enterprises

8,661,503,862 won

(expenses for business operation, equipment purchase, rent, etc.)

2007 2008 2009 2010 2011

131,800 862,000 1,945,400 2,811,000 3,677,150

Grant for Social Enterprise

(accumulated total / unit: KAW 10.000)

Human Resource Development and Capacity Building for Social Entrepreneurs

5,280 people

(academies, workshops, coaching, etc.)

Academy Workshop Mentoring Coaching Training

5,449 7,810 1,906 2,568 12,468

Time Spent by Sectors

(unit: hour)

Support Fields

(Total: KRW 8,661,503,862 / 100%)

Support for social enterprises’ growthKRW 3,808,682,916

44%

Capital loan for social enterprisesKRW 2,116,997,728

24%

Support for social enterprise startupsKRW 1,492,553,370

17%

Support for social venture fosteringKRW 406,707,761

5%

Capacity building for social entrepreneursKRW 836,562,087

10%

Financial Performance

Revenue

Revenue 2010 2011

Based on accounts as of 31st of December, 2011

100% Human InvestmentThe Work Together Foundation invest

all of your donations in starting up new projects and supporting them.

Fundraising 9,472,087,285 10,365,910,496

Bank interest/earning 3,431,926,585 3,095,606,444

2,413,078,963 4,167,975,194

15,317,092,833 17,629,492,134

(unit: KRW)

(unit: KRW)

Carried over from the last account, etc

Total Revenue

Expenses Based on accounts as of 31st of December, 2011

All administrative expenses are borne by the Foundation from bank

interest and earnings

34 35W

ork

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(Total: Expenses 12,959,896,155 / 100%)

Planning for job creating businesses

23.7%

Support for the unemployed families

(domestic)

6.0%

Support for the unemployed families

(abroad)

2.0%

International cooperation

0.3%

Campaign

0.9%Support for social enterprises (business consultation, training)

26.0%

Youth unemployment projects

11.2%

Regional network building

0.1%

Support for capital loan for social enterprises

16.3%

Research and policy development

1.2%

Administration

12.3%

Planning for job creating businesses 3,069,851,467 Support for the unemployed families (domestic) 774,115,289

Support for the unemployed families (abroad) 257,820,835

International cooperation 33,845,891

Campaign 113,240,346

Support for social enterprises

Youth unemployment projects 1,452,760,810

Regional network building 17,223,589

Support for capital loan for social enterprises 2,116,997,728

Research and policy development 154,427,941

Administration 1,597,130,548

Total Expenses 12,959,896,155

Budget Items 2011

3,372,481,711

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Organizational Governance

Organization Chart

Board of Directors Chairman

Song, Wol-JooChairman of the Good Hands for

Global / Former Director of General

Affair Dept., Jogye Order of Korean

Buddhism

Executive Director

Lee, Sae-JoongChairman of the Korea Green

Foundation / Former Director of the

Community Chest of Korea

Directors

Choi, Jong-Tae Chairman of the Economic and Social

Development Commission of Korea /

Professor of the Emeritus of the Business

School at Seoul National University

Lee, Kwang-Taek Professor of the College of Law at

Kookmin University / President of The

Korean Association of Social Security Law

Kim, Jung-Sook

President of the Korean National

Council of Women

Park, In-Gu

President of the Korea Food Industry

Association / Former Vice-chairman of

the Dongwon Corporation

Chin, Dong-Soo Former Chairman of the Financial

Services Commission

Kim, Jae-Cheul President of the Board of MBC,

Munhwa Broadcasting Corporation

Yang, Sang-Woo President of the Board of Directors of

Hankyoreh Press

Lee, Woo-Hoe Vice-president of the S-Tec System

Corporation

Park, Han-Yong

Vice-president of the POSCO

Corporation

Kim, Young-Bae

Vice-chairman of the Korea Employers

Federation

Cho, In-Kuk Vice-president of the KEPCO, Korea

Electric Power Corporation

Auditor

Lee, Jeong-HeeCertified public accountant / Vice-

director of Deloitte Touche Tohmatsu

Anjin LLC.

Lee, Kyung-WooAttorney at law, Chief partner of Hanul

Professional Law Corporation

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General Affairs Team Public Relations Team Donor Relations Team

Planning Team Strategy Team International Affairs Team

Start-up Support Team Growth Support Team Incubating Team

The Institute for PolicyResearch

Steering Committee

Executive Director

Chairman of the Board

Board of Directors

Secretary General

Auditor

LH Community

Social Enterprise Establishment

Support Center

Social ㅍㅍ Venture

IncubatingCenter

Operation Support Dept.

Planning &

Strategy Dept.

Social Enterprise Support

Dept.

Steering Committee Chairman

Choi, Jong-TaeChairman of the Economic and Social

Development Commission of Korea /

Professor of the Emeritus of the Business

School at Seoul National University

A member of full standing




Researchers

Chang, Hong-Geun

Research Fellow of the Korea Labor

Institute

Heo, Shik Professor of the Dept. of Economics,

College of Social Sciences at Chung-

Ang University

Hwang, Ki-Don Research Fellow of the Korea

Employment Information Service

Kim, Hye-Won Professor of the Korea Kyowon University

Koh, Hyung-Myun Professor of the Dept. of Social Welfare

at Seoul Digital University

Kim, Jun-Cheol Executive Director of the Deloitte

Touche Tohmatsu Anjin LLC.

Lee, Won-Jae Head of Research of the Hankyoreh

Economic Research Institute

Chairman




Members

Choi, Jin-Seob Vice-director of the Programming

Dept. at MBC, Munhwa Broadcasting

Corporation

Hwang, Phil-Kyu Managing Director of The National

Council of Christian Churches in Korea

Heo, Shik Professor of the Dept. of Economics,

College of Social Sciences at Chung-

Ang University

Jeong, Moon-Ja Representative of the Korea Women

Workers Association

Jung, Tae-Gil Managing Director of the Work

Together Foundation

Kim, Joung-Youl Former Chairman of the Korea People

with Disability Policy Institute

Lee, Ho-Sung Director of the Korea Employers

Federation

Lee, Jung-Sik Managing Director of The Federation of

Korea Trade Unions

Park, Tae-Ju Professor of the Labor Administration

Training Institute at Korea University of

Technology and Education

Son, Kyung-Suk Head Manager of the CSR Dept. of the

Federation of Korean Industries

Financial Resources ManagementCommittee

Lyu, Yeong-Jae

Head of the Research and Policy

Dept. at the Korea Sustainability

Investing Forum / CEO of the Sustinvest

Corporation

Mun, Seong-Hun

Vice-president of the Tempis Asset

Management Corporation

Yun, Cheon-Seok

Executive Director of the Business

Management Dept. at the Chunjae

Education Corporation

Editorial Committee




Cho, Jae-Kuk Professor of the Yonsei University /

Head of the Yonsei University Health

System

Choi, Jin-Seob Vice-director of the Programming

Dept. at MBC, Munhwa Broadcasting

Corporation

Jung, Tae-Gil Secretary General of the Work Together

Foundation

The Institute for Policy Research

Park, Tae-Ju

Professor of the Labor Administration

Jung, Tae-Gil Secretary General of the Work Together

Foundation Training Institute

Jegal, Jae-SangSenior Researcher of the Institute for

Policy Research

Byun, Chul-HwanSenior Researcher of the Institute for

Policy Research

38 39

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The WT’s History

2 0 0 306

Registered the Korea Foundation for Working Together; Working Together Society with the Ministry of Labor as a nonprofit foundation

2 0 0 404

Started the Kyobo Dasomi Care Service project and the Sin-na-neun Culture School project

2 0 0 501

Supported social solution projects (16 organizations) and projects for constructing a civil safety net for the unemployed (26 organizations)

Started training and sending the elderly out as traditional culture instructors to child care facilities (146 people)

08

2 0 0 604

11

Opened the Hope Center - a networking center for unemployed youth

Established the Institute for Policy Research

2 0 0 704

05

11

Launched the Community Development Deposit Fund Project

Coordinated diverse study tours abroad for social entrepreneurs and their supporting organizations with SK Corp.

Opened headquarters and 14 regional centers for supporting welfare teachers as a consignment project

2 0 1 104

04

04

05

05

06

07

10

11

Supported school tuition for the undergraduate students(G-market)

Started Hope Book Cafe(Mirae Asset)

Lanched the ‘Smile Together Partnership’ for underprivileged children in developing countries

Established the Lotus Hope Beauty and Hair Center in Siem Reap, Cambodia

Opened the Yang-cheon Social Venture Incubating Center

Established the CAMP Sewing Center in Towerville, the Philippines

2011 Sungsil University Venture Academy

The fourth Sesang Social Enterprise School (SK)

Started the Preliminary Social Enterprises Support Project in the Green Economy Field (LG Electronics, the LG Electronics Labor Union)

2 0 1 001

03

07

11

12

12

Offered capital loans to social enterprises

Launched a project of supporting LH community-based social enterprises

Hosted the second Asian Social Enterpreneurs Summit

Started the distribution support project for social enterprises (Hyundai Home Shopping)

Publication of “Good consumption 365”, promoting the products of social enterprises

Launced the Dreaming of the Youth Project with the KB (Kookmin Bank)

2 0 0 903

04

07

11

12

Launched SBS Hope TV Fundraising Campaign

Launched the Bridge, a pro- bono group for translation

Hosted the Social Venture Competition

Opened the Social Venture Incubating Center

Designated as a Social Enterprise Integral Support Organization by the Ministry of Employment and Labor

2 0 0 809

10Hosted the first Asian Social Entrepreneurs Summit

Changed the name of the foundation to the ‘Work Together Foundation’

1 9 9 806

Establishment of the National Movement Committee for Overcoming Unemployment (co-chaired by KANG Won-Yong, KIM Soo-Hwan, SONG Wol-Joo)

40 41

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Let’s look back the history of the WT from the year of 1998,

taking its first step for overcoming the unemployment issue, to the year of 2011,

focusing to build the work together society.

42{ M

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Work Together Foundation2011 Annual ReportThe 5th Edition

Date of Issue30 June 2012

PublisherSong, Hyun-Seob

Published byThe Work Together Foundation36 WorldCupBuk-ro, 6-gil, Mapo-gu, Seoul (Donggyo-dong 203-4)

t. 02-338-0019 f. 02-338-3995www.hamkke.org

Main Office Staff

{ Operation Support Department }Chief. Park, Ji-Young 02-330-0705 [email protected]

General Affairs TeamHead. Yoon, Hee-Sun 02-330-0706 [email protected], Jae-Gun 02-330-0707 [email protected], Il-Hwa 02-330-0709 [email protected], Seo-Yun 02-330-0753 [email protected], In-Suk 02-330-0740 [email protected], Seon-Young 02-330-0771 [email protected]

Public Relations TeamHead. Song, So-Yeon 02-330-0713 [email protected], Young-Eun 02-330-0714 [email protected], Eun-Ju 02-330-0715 [email protected], Seol-Kyung 02-330-0716 [email protected]

Donor Relations TeamHead. Chang, In-Hu02-330-0744 [email protected], Dang-Hwan 02-330-0743 [email protected]

{ Planning & Strategy Department }Chief. Ha, Jung-Eun02-330-0708 [email protected]

Planning TeamHead. Ra, Hyun-Yun02-330-0775 [email protected], Ko-Woon 02-330-0751 [email protected], Wook 02-330-0757 [email protected], Hyun-Kyung 02-330-0782 [email protected]

Strategy TeamHead. Kim, Chang-Ju 02-330-0735 [email protected], Gyu-Sung 02-330-0741 [email protected], Sung-Hui 02-330-0758 [email protected]

International Affairs TeamHead. Marie Myung-Hee LEE 02-330-0720 [email protected], Kyoung-Ah 02-330-0722 [email protected], Woo-Young 02-330-0721 [email protected]

{ Social Enterprise Support Department }Chief. Park, Seong-Cheol 02-330-0763 [email protected]

Start-up Support TeamHead. Jang, Mi-Jeong 02-330-0712 [email protected], Yean 02-330-0752 [email protected], Hyun-Ok 02-330-0754 [email protected], Do-Young 02-330-0755 [email protected], Jung-Hwa 02-330-0756 [email protected], Ji-Hee 02-330-0778 [email protected], Yun-Mi 02-330-0759 [email protected], Jung-Im02-330-0760 [email protected]

Growth Support TeamHead. Lee, Myung-Hee 02-330-0750 [email protected] Lee, Hyun-Jung 02-330-0764 [email protected], A-Young 02-330-0765 [email protected], Min-Jeong 02-330-0766 [email protected], Sang-Yong02-330-0768 jsy00@@hamkke.orgBaik, Soon-Jung02-330-0767 [email protected]

Incubating TeamFax. 02-2654-7698Head. Jang, Dong-Lyul 070-4469-1304 [email protected], Hyeon-Mi 070-4469-1301 [email protected], Yeon-Sung 070-4469-1305 [email protected], Na-Yeon 070-4469-1306 [email protected], Yeo-Jung 070-4469-1300 [email protected]

{ LH Community Social Enterprise Establishment Support Center }

Head. Choe, Jun 02-330-0725 [email protected], Mhin-Seoh 02-330-0726 [email protected], Hyun-Ah 02-330-0728 [email protected]

{ The Institute for Policy Research }Jegal, Jae-Sang02-330-0780 [email protected], Chul-Hwan02-330-0781 [email protected]

Planned & Edited byPublic Relations Team,The Work Together Foundation

Translated byInternational Affairs Team, The Work Together Foundation

Proofread by Patrick Ferraro (Bridge Pro-bono)

Designed byGraphicVirus (02-6414-8492)

All writings and images in this book are copyrighted

by the Work Together Foundation.

This material may not be published, broadcast, rewritten,

or redistributed without prior consent.

Executive DirectorLee, Sae-Joong 02-330-0701 [email protected]

Secretary GeneralJung, Tae-Gil 02-330-0702 [email protected]