DONOR RECOGNITION
The Dankook University Foundation would like to express our gratitude with courtesy benefits.
For donations over 10 billion KRW, donors are recognized with the following.
- Name engraved on our donor recognition wall
- Fund named after the donor
- Presentation of plaque of appreciation
- A gift from Dankook University Foundation
- Platinum Health Check-up for two persons per year at Dankook University Hospital
- Full exemption of medical expenses for the donor and spouse at Dankook University Hospital
- Full exemption of dental expenses for the donor and spouse at Dankook University Dental Hospital
- Full exemption of funeral service fees at Dankook University Hospital
For donations over 5 billion KRW, donors are recognized with the following.
- Name engraved on our donor recognition wall
- Fund named after the donor
- Presentation of plaque of appreciation
- A gift from Dankook University Foundation
- Platinum Health Check-up for two persons per year at Dankook University Hospital
- Full exemption of medical expenses for the donor and spouse at Dankook University Hospital
- Full exemption of dental expenses for the donor and spouse at Dankook University Dental Hospital
- Full exemption of funeral service fees at Dankook University Hospital
For donations over 2 billion KRW, donors are recognized with the following.
- Name engraved on our donor recognition wall
- Fund named after the donor
- Presentation of plaque of appreciation
- A gift from Dankook University Foundation
- Platinum Health Check-up for two persons per year at Dankook University Hospital
- Full exemption of medical expenses for the donor at Dankook University Hospital
- 80% reduction of medical expenses for the spouse of the donor at Dankook University Hospital
- Full exemption of dental expenses for the donor and spouse at Dankook University Dental Hospital
- Full exemption of funeral service fees at Dankook University Hospital
For donations over 1 billion KRW, donors are recognized with the following.
- Name engraved on our donor recognition wall
- Fund named after the donor
- Presentation of plaque of appreciation
- A gift from Dankook University Foundation
- Platinum Health Check-up for two persons per year at Dankook University Hospital
- Full exemption of medical expenses for the donor at Dankook University Hospital
- 60% reduction of medical expenses for the spouse of the donor at Dankook University Hospital
- Full exemption of dental expenses for the donor and spouse at Dankook University Dental Hospital
- Full exemption of funeral service fees at Dankook University Hospital
For donations over 500 million KRW, donors are recognized with the following.
- Name engraved on our donor recognition wall
- Fund named after the donor
- Presentation of plaque of appreciation
- A gift from Dankook University Foundation
- Platinum Health Check-up for two persons at Dankook University Hospital (for donation over 300 million KRW)
- 50% reduction of medical expenses for the donor at Dankook University Hospital
- 20% reduction of medical expenses for the spouse of the donor at Dankook University Hospital
- Full exemption of dental expenses for the donor and spouse at Dankook University Dental Hospital
- Full exemption of funeral service fees at Dankook University Hospital
For donations over 100 million KRW, donors are recognized with the following.
- Name engraved on our donor recognition wall
- Fund named after the donor
- Presentation of plaque of appreciation
- A gift from Dankook University Foundation
- Premium Health Check-up for two persons at Dankook University
- 20% reduction of medical expenses for the donor at Dankook University Hospital
- 10% reduction of medical expenses for the spouse of the donor at Dankook University Hospital
- 50% reduction of dental expenses for the donor and spouse at Dankook University Dental Hospital
- Full exemption of funeral service fees at Dankook University Hospital
For donations over 50 million KRW, donors are recognized with the following.
- Name engraved on our donor recognition wall
- Fund named after the donor
- Presentation of plaque of appreciation
- A gift from Dankook University Foundation
- Health Check-up for two persons at Dankook University
- 10% reduction of medical expenses for the donor at Dankook University Hospital
- 20% reduction of dental expenses for the donor and spouse at Dankook University Dental Hospital
- 80% reduction of funeral service fees at Dankook University Hospital
For donations over 30 million KRW, donors are recognized with the following.
- Name engraved on our donor recognition wall
- Fund named after the donor
- A gift from Dankook University Foundation
- A gift from Dankook University Foundation
- 60% reduction of funeral service fees at Dankook University Hospital
For donations over 10 million KRW, donors are recognized with the following.
- Name engraved on our donor recognition wall
- Fund named after the donor
- A gift from Dankook University Foundation
- 60% reduction of funeral service fees at Dankook University Hospital
For donations over 1 million KRW, donors are recognized with the following.
- A gift from Dankook University Foundation
- Medical expense benefits shall be subject to personal charges only.
- A limit of 180 days of hospitalization are provided for donations of 50 million won or more. For donations of more than 10 billion won, hospitalization days are unlimited. Hospitalization benefits exclude meals, blood and blood products, medication, and certain supplies during surgical procedures.
- Dental expenses include initial assessments, follow-up care, and general treatment; corrections, implants, orthognathic surgery, and medical supplies are excluded.
- Donations of real estate, stocks and bonds, existing goods shall be valued based on appraised values.
The Dankook University Foundation continues to show our great appreciation and to honor donors by holding donation ceremonies, offering gifts from Dankook University Foundation, etc.
Tax Benefits
Personal Donations
- Tax concessions of up to 30% of the income within the annual income limit (Article 34 of the Income Tax Act)
- 15% of donations of less than 10 million won and 30% of donations of over 10 million won will apply toward a tax deduction.
- If the donor has business income, the donation funds can be regarded as necessary fees for the business or receive a tax deduction.
Corporate Donations
- Donations can be considered a deductible expense within a 10% ceiling of total income – after deducting carry-over losses – for the relevant business year. (Article 24 of the Corporate Tax Act)
Inheritance Donations
- If a donation is a legacy gift or an heir donates an inheritance, the full amount of the donation shall be exempt from inheritance tax. This only applies when the donation is made within six months of the commencement date of the inheritance settlement. (Article 16 of the Inheritance Tax and Gift Tax Act)
※ Please note that the above tax benefits are only applicable to corporations and individuals, subject to the Korean Tax Act.