- Established the Kumho Asiana String Quartet, the first professional chamber music ensemble in Korea
1993
- Launched the Kumho Instrument Bank to provide free loans of rare instruments to young musicians
1994
- Dr. Seong-Yawng Park, Chairman of KCF, received the Mugunghwa Medal (Order of Civil Merit), the nation’s highest honor, for his lifelong contributions toward the arts and culture
1996
- Established the Kumho Museum of Art in Sagan-dong, Seoul
1997
- Launched the Kumho Gallery Friday Concert Series, presently the Beautiful Thursday Series
1998
- Launched the Kumho Gallery Prodigy Concert Series, presently the Kumho Prodigy Concert Series
1999
- Launched the Kumho Gallery Young Artist Concert Series, presently the Kumho Young Artist Concert Series