Ewha Womans University

In 1996, Ewha Womans University founded the College of Engineering. The board members of International Foundation for Ewha W. U., including Carol Murdoch and Gwen White, welcomed the news of starting the first woman's engineering school in the world and started a scholarship fund to support it in 1994, even before the University set up the college. This fund is not a permanently restricted fund that supports scholarships through the proceeds from the principal, but a temporarily restricted fund that is disbursed whenever a certain amount of money is available for the scholarship.