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The Korea Sports Promotion Foundation has appointed new members to the "Fund Performance Evaluation Committee."
While the "Fund Performance Evaluation Committee" had previously been composed and operated with a focus on the sports sector, this time it was broadly constituted by recruiting experts from diverse fields such as accounting, finance, administration, and law.
In accordance with the "National Sports Promotion Act" and related enforcement decrees and guidelines, the Korea Sports Promotion Foundation systematically evaluates the execution performance of various subsidy projects funded by the National Sports Promotion Account. The "Fund Performance Evaluation Committee" operates as the highest-level deliberative body responsible for deciding on matters concerning evaluation plans, results, and their utilization.
A representative from the Korea Sports Promotion Foundation, who spoke with this outlet over the phone, stated, "The composition of this committee is significant not only in that it has increased personnel diversity, but also in that it has strengthened the function of scrutiny from an accounting and financial perspective."
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