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Title A Korean American Graduate Donates Lifetime Retirement Savings

Hospital KU Medicine

Date 2020-12-22

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A Korean American Graduate

 

Donates Lifetime Retirement

 

Savings to Alma Mater

 

윤흥노 교우

 

Yoon, Heung-noh (’64, College of Medicine), a Korean American, made a USD

 

870,000 (approximately KRW 1040 million) donation to the Korea University

 

Medical Center through the International Foundation for Korea University

 

(IFKU). 
 


After graduating from the College of Medicine, Yoon immigrated to the US in

 

1973. At that time, the US, which was short of doctors due to the Vietnam War,

 

was opening its doors to foreign physicians, which led 300 out of 800 Korean

 

medical school graduates to pursue their careers there. When Yoon was

 

undergoing his medical resident training in Washington, D.C. in 1975, African

 

American residents of Anacostia visited him one day. Devastated by the

 

assassination of Martin Luther King, they asked Yoon if he could open a clinic

 

in their neighborhood. With his desire to become a doctor like Albert

 

Schweitzer, Yoon opened a clinic in Anacostia in 1978, and has been working

 

there for over 40 years.  
 


Yoon said, “I have never experienced any conflicts with the residents and have

 

had the reward of practicing medicine in a place that needs doctors as much as

 

anywhere else.” As a progressive social activist, he has served as the head of the

 

Washington Chapter of the National Unification Advisory Council since August

 

2017, and as the Board Director of the Washington Branch of the Center for

 

Historical Truth and Justice since last November. Yoon has also worked hard to

 

promote the legitimacy of the peaceful reunification of Korea by meeting with

 

US politicians and their aides who work on policies related to the Korean

 

peninsula. Moreover, he has supported the unearthing and examination of

 

historical documents related to US-Japan diplomacy in the Library of Congress

 

in Washington and various other archives.  

 


He had donated his lifetime retirement savings to his alma mater. During a

 

conversation about his life in the US and the motivation behind this donation,

 

Yoon said, “I am truly indebted to my alma mater in many ways, which led me

 

to want to return the favor. I thank my wife who willingly agreed to my plans

 

and encouraged me to donate as soon as possible.”
 

 

Due to the prolonged COVID-19 pandemic, KU’s plan to visit the American

 

alumni association in the US was unfortunately canceled. Instead, KU President

 

Chung Jin Taek recently held an online video conference with the alumni,

 

making clear his appreciation of their regard for Korea University, and

 

delivering Chuseok greetings. He told Yoon that “The donation, made up of

 

your lifetime savings that you worked so hard for, will be used to cultivate

 

future intellectuals and for the development of KU.”

 


Kim, Young-hoon, KU Vice President for Medical Affairs, announced his

 

gratitude by saying, “I would like to express my profound respect to Mr. Yoon,

 

who has devoted his life to one of the places where medical care is most needed.

 

His valuable donation, the result of his heartfelt sincerity, will be used by the

 

KU Medical Center to conduct research that can contribute to advances in

 

cutting-edge medical technology.”        
 


According to IRS regulations, if a taxpayer residing in the US donates through

 

IFKU, they are eligible for a tax deduction. IFKU plans to offer Yoon IRS tax

 

deduction consultation services, provided by local experts in the US. The entire

 

amount donated through IFKU will be deposited in KU's bank account. IFKU

 

was established in New York in October 1997, with the contribution and support

 

of US alumni, and the organization has donated over USD 8 million to KU over

 

the past 23 years.  

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