The Korea Research Foundation (한국학술진흥재단) is a grant

Grant (money)

Grants are funds disbursed by one party , often a Government Department, Corporation, Foundation or Trust, to a recipient, often a nonprofit entity, educational institution, business or an individual. In order to receive a grant, some form of "Grant Writing" often referred to as either a proposal...

 organization supported by the South Korean Ministry of Culture and Tourism. It provides support for research

Research

Research can be defined as the scientific search for knowledge, or as any systematic investigation, to establish novel facts, solve new or existing problems, prove new ideas, or develop new theories, usually using a scientific method...

 into new theories for the advancement of science

Science

Science is a systematic enterprise that builds and organizes knowledge in the form of testable explanations and predictions about the universe...

, the arts

ARts

aRts, which stands for analog Real time synthesizer, is an audio framework that is no longer under development. It is best known for previously being used in KDE to simulate an analog synthesizer....

, and the Korean culture in general. It also supports overseas research into Korean studies

Korean studies

Korean studies is an academic discipline, focusing on the study of Korea. Areas commonly included under this rubric include Korean history, Korean literature, Korean art, Korean music, Korean language, Korean sociology, Korean political science, Korean economics, Korean folklore, and Korean...

. The Foundation was first established in 1981. Its offices are located in Yeomgok-dong

Yeomgok-dong

Sinwon-dong is a dong, neighbourhood of Seocho-gu in Seoul, South Korea. It is a legal dong administered under its administrative dong , Naegok-dong.-External links:** at the Seocho-gu official website...

, Seocho-gu

Seocho-gu

Seocho-gu is a gu of Seoul, South Korea. It is a popular residential area for the mid- or upper-class residents in Seoul and home to the Supreme Court and the Supreme Prosecutors' Office. Seocho Samsung Town in Seocho-dong, near Gangnam Station, is the headquarter of the several corporations of the...

, Seoul

Seoul

Seoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...

.

To be distinguished from The Korea Foundation

Korea Foundation

The Korea Foundation was established in 1991 by the South Korean National Assembly with the aim to enhance the image of Korea in the world and also to promote academic and cultural exchange programs. It is an independent organization affiliated with the Korean Ministry of Foreign Affairs...

 (한국국제교류재단) and Academy of Korean Studies

Academy of Korean Studies

Academy of Korean Studies is a South Korean research and educational institute with the purpose of establishing profound research on Korean culture. It was established on June 22, 1978 by Ministry of Education & Science Technology of South Korea...

(한국학중앙연구원).