Transparent Management
The Social Solidarity Bank operates with honesty,
adheres strictly to regulations, and ensures transparency.
As a public interest corporation, the Social Solidarity Bank ensures that donations are used honestly and efficiently
while undergoing regular verification of transparency, accountability, and financial soundness.
As a result, the organization received the 2023 Grand Prize for Transparent Management from Samil Accounting Corporation,
the 2015 Financial Welfare Division Award, and has maintained the highest rating from Korea GuideStar for seven consecutive years.
Disclosure System
Compliance with Legal and Accounting Standards
The organization strictly complies with tax laws and accounting standards for public interest corporations, ensuring that financial statements are prepared and disclosed accordingly.
Systematic Management and Use of Donations
Donations are managed transparently through dedicated accounts, ensuring funds are used for their intended purposes via detailed financial tracking.
Transparent Information Disclosure
Audit reports, board meeting minutes, annual reports, and donation usage details are regularly disclosed and reported to the National Tax Service's public foundation disclosure system.
Verification through Internal and External Audits
"Each year, financial statements, fundraising activities, individual business projects, and regulatory compliance are audited by external accounting firms, supervisory bodies, and other independent third parties. Additionally, a continuous monitoring process is in place to ensure the appropriateness of operations and transparency in fund management in accordance with internal risk management regulations."
Ethical Management
The organization adheres to ethical standards to ensure transparent management, operating based on its vision, mission, and values.
Ethical Charter
"Social Solidarity Bank strives to support the self-reliance of socially marginalized groups in order to build a healthy, inclusive community. In pursuit of the organization’s mission, we carry out our responsibilities with a humanitarian, service-minded attitude and a strong sense of ethics, striving to be a healthy and honest organization that earns trust and respect both internally and externally."
To this end, we establish this Ethical Charter as a standard for proper conduct and value judgment, committing to its practice.
- We maintain the dignity and competence of professionals and take responsibility for the tasks we oversee.
- We treat colleagues with respect and trust and do not engage in speech or behavior that undermines their professional status and dignity.
- We strive to enhance the transparency and professionalism of our work to increase the corporation's credibility.
- We prioritize the interests of the beneficiaries and do our best to enhance their value.
- We do not discriminate against beneficiaries based on ideology, religion, race, gender, age, status, or class.
- We do not seek undue profit using sponsorship resources and maintain confidentiality regarding information obtained during work.
- We do not compromise under any pressure during work and do not exploit professional relationships for undue profit.
Code of Ethics
Chapter 1 General Provisions
Article 1 (Purpose)
This Code of Ethics aims to provide ethical value judgments and behavioral standards to prevent corruption and ensure sound decision-making for the employees of the corporation Social Solidarity Bank (hereinafter referred to as the "corporation").
Article 2 (Scope of Application)
This Code applies to all employees of the corporation, including contract and temporary workers.
Article 3 (Obligation and Responsibility for Compliance)
① Employees must familiarize themselves with and comply with this Code and take responsibility for any violations.
② The Executive Director may require employees to sign an ethics pledge.
Chapter 2: Employee Conduct
Article 4 (Establishment of Integrity and Ethical Awareness)
All employees shall take pride in being part of the corporation and strive to maintain honesty and integrity at all times.
Article 5 (Maintaining Dignity)
Employees shall uphold high ethical values and social responsibility to maintain and enhance their dignity and the corporation's reputation.
Article 6 (Compliance with Laws and Regulations)
Employees shall adhere to all applicable laws and regulations and act in a manner that does not violate their conscience.
Article 7 (Fulfillment of Responsibilities)
Employees shall empathize with the corporation's vision and values and faithfully fulfill their assigned responsibilities according to work policies.
Chapter 3: Fair Job Performance
Article 8 (Prohibition of Discriminatory Treatment)
Employees shall not grant special favors or discriminate against individuals or organizations based on regional, familial, academic, or religious affiliations.
Article 9 (Prohibition of Solicitation and Requests)
Employees shall not engage in solicitation or requests that interfere with fair job performance for personal or others' benefit.
Article 10 (Prohibition of Personnel Influence)
① Employees shall not request others to solicit personnel decisions such as hiring, promotions, or transfers to gain undue influence.
② Employees shall not use their position to interfere unfairly in personnel decisions of other employees.
Article 11 (Prohibition of Budget Misuse)
Employees shall not misuse the budget for purposes other than its intended use, causing financial harm to the corporation. This includes:
1. Fraudulent reimbursement of travel expenses
2. Personal use of business promotion funds
3. Personal use of corporate cards or office supplies
4. Manipulation of purchase documents for fraudulent reimbursement
5. Other uses not related to legitimate business activities
Chapter 4: Prohibition of Unfair Gains
Article 12 (Prohibition of Unjust Profits)
Employees shall not use their position to obtain or facilitate undue benefits.
Article 13 (Prohibition of Personal Use of Corporate Assets)
① Employees shall not use corporate assets for personal purposes or cause financial damage by using corporate funds for non-business-related purposes.
② If such misconduct is detected, all costs incurred due to the personal use of corporate assets shall be recovered.
Article 14 (Restriction on Receiving Gifts and Entertainment)
Employees shall not provide or accept money, entertainment, or other benefits beyond socially acceptable norms that could impair fairness in work-related matters.
Chapter 5: Establishing a Sound Organizational Culture
Article 15 (Reporting and Restrictions on External Lectures and Activities)
① Employees must report to the Executive Director in advance if they engage in external activities such as giving lectures, speeches, or participating in seminars, forums, or meetings for which they receive remuneration.
② The Executive Director may restrict such activities if they are deemed to interfere with fair job performance.
Article 16 (Promotion of a Healthy Congratulatory and Condolence Culture)
① Employees shall take the lead in establishing a healthy congratulatory and condolence culture.
② Employees shall refrain from notifying business partners or related personnel of personal events and ensure that any gifts or monetary contributions are within reasonable social norms.
Chapter 6: Transparency in Information and Financial Management
Article 17 (Transparent Information Management)
Employees shall obtain all information through legitimate means and record and report it accurately. They shall not manipulate or destroy information for the benefit of any individual or organization.
Article 18 (Transparent Financial Management)
Employees shall record and manage financial data transparently and accurately based on relevant laws and generally accepted accounting principles.
Article 19 (Prohibition of Unauthorized Use and Disclosure of Information)
Employees shall not disclose or misuse job-related information externally without prior approval from the Executive Director or the Data Protection Officer, except when providing information to donors, affiliated institutions, or partner companies with the consent of the data subject.
Article 20 (Transparent Disclosure of Information)
The corporation shall disclose management information in accordance with relevant laws and regulations to enhance transparency and credibility.
Chapter 7: Employee Relations
Article 21 (Mutual Respect Among Employees)
① Employees shall maintain basic workplace etiquette and refrain from disrespectful speech or behavior that may harm colleagues.
② Junior employees shall respect senior employees, and senior employees shall treat junior employees with dignity, fostering a mutually respectful work environment.
③ Senior employees shall not give unreasonable orders, and junior employees shall comply with legitimate instructions but refuse unjust orders.
④ Employees shall not treat colleagues differently based on personal interests and shall foster strong teamwork through genuine concern for each other.
Article 22 (Prohibition of Sexual Harassment)
Employees shall not engage in any form of sexual advances or behavior that may cause sexual embarrassment or discomfort in the workplace, in accordance with Article 8 of the Employment Regulations.
Article 23 (Prohibition of Workplace Harassment)
Employees shall not violate Article 9 of the Employment Regulations regarding workplace harassment.
The organization provides detailed financial reports to ensure transparency.
2025 Revenue Breakdown
(Unit: KRW)
투명경영-재정보고 2025수입 (en)
| Category | Amount | Ratio |
| Fundraising and Business Revenue | 22,418,583,251 | 23.0% |
| Repaid Principal and Interest | 2,274,276,473 | 2.4% |
| Carried Over from Previous Year | 69,480,862,849 | 72.1% |
| Other (excluding interest income) | 2,209,927,421 | 2.3% |
| Total | 96,383,694,994 | 100% |
2025 Expenditure Breakdown
(Unit: KRW)
투명경영-재정보고 2025지출 (en)
| Category | Amount | Ratio |
| Program Service Expenses | 37,123,073,170 | 38.5% |
| Business expenses and repayment returns | 720,985,472 | 0.7% |
| General Administrative Costs | 119,518,504 | 0.1% |
| Other expenditures (prepaid taxes, etc.) | 313,370,389 | 0.3% |
| Next Year’s Business Reserve Fund | 58,107,747,459 | 60.3% |
| Total | 107,644,007,111 | 100% |
*Donated Goods 115,783,400 KRW (separate)