Tongil Foundation is a nonprofit established in 1963 to support the Unification Church through managing assets and businesses. It oversees Tongil Group, including well-known ginseng company Ilhwa Corp. and YongPyong Resort hosting the 2018 Winter Olympics, to generate funds for the Unification Church and its affiliates. Tongil Foundation is governed by a board of directors chaired by Kook Jin Moon according to the wishes of Rev. Sun Myung Moon.