YISS Campus 2007
HISTORY
In 2004, the Korea Foreign Schools Foundation (KFSF) was created with the approval of the Ministry of Commerce, Industry, and Energy (MOCIE) to establish, manage, and administrate Yongsan International School of Seoul (YISS). In 2006, YISS was established.
The project was supported by financial contributions from the national government and businesses. The KFSF leased the land for the campus from the Seoul Metropolitan Government and built the school facilities. The operator selected by the KFSF was the International Christian School of Seoul (ICS), which NICS/Oasis had been operating in Korea since 1990. ICS-Seoul then moved to the new campus and changed its name to Yongsan International School of Seoul.
Since the move to the current campus in 2006, YISS has doubled in size and added many programs. YISS has maintained a curriculum and climate which reflects the Christian values upon which it was built; however, after being selected by the KFSF, the school began offering a choice between a character-based track (Oasis) and a Christian program (NICS).
The KFSF has remained active in the operations of YISS by providing continued support, guidance, and scholarships. The KFSF continues to expand and renovate school buildings and facilities in order to further develop and improve YISS.
GOVERNANCE
Yongsan International School of Seoul operates under the authority of two boards, the Korea Foreign Schools Foundation (KFSF) and the Network of International Christian Schools (NICS).
KFSF
The KFSF is a non-profit entity with representatives from Korean government agencies and various business organizations. The KFSF is charged with attracting foreign investment to Korea through the construction of international school campuses. The KFSF is the owner of the YISS facilities and approves the financial operations of the school. The finances and operations of YISS are subject to an annual independent audit, and the school retains counsel to assist in legal matters. All business transactions are conducted in accordance with the highest accounting and reporting standards.
NICS
NICS is a worldwide network of international Christian schools. Its president was the founder of YISS. Operations and policies are implemented at the local school level by the Headmaster, who reports to designated officers and the NICS Board of Directors. The structure provides accountability and adherence to the organizational mission while providing freedom to lead the school.