Founded in 1997 to pay homage to and perpetuate the spirit of the late Chairman Byung-chull Lee, founder of Samsung,
the Ho-AM Foundation continues the legacy of the late Chairman Lee's civic contributions through its many activities.
Most notably, the Ho-Am Prize was conceived by Chairman Kun-hee Lee in tribute to the late Chairman Lee
and his spirit of public service and human ingenuity.
First conferred in 1991, the annual prizes continue to recognize individuals who have contributed to academics,
the arts and social development, of who have furthered the welfare of humanity through extraordinary accomplishments.