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Mar Bang Il Young Scholarship Fund was established on the fund 100 million.won contributed by the then chairman Bang Il Young celebrating the 54th . anniversary of Chosun Ilbo.
Dec The 1st scholarship students was selected. Scholarship was awarded to . total 237 students until 1994 (the 22nd selection)
           
Jun Assembly of foundation promoters
Aug General Assembly of the foundation
Nov Establishment of nonprofit Bang Il Young Foundation. (Public Information Bureau)
Formation of the 1st board of directors (10 directors and 2 auditors)
Raising fund 1.68 billion won
The 1st chief director Yoon Joo Young got in office (up to present).
           
Apr The 1st beneficiaries in press, writing and publication were selected.
May Seminar on 'Activation of Local Festivals' (Press Center)
Nov Establishment of 'Bang Il Young Traditional Music Award' Vacancy of a director (Director Kim Yoon Hwan got in office).
The 1st Traditional Music Prize was given to Mrs. Kim So Hee.
           
Mar Publication of 'The Selected Editorials of Korean Newspapers' began.
May Taking over Bang Il Young Scholarship Fund.
Jun Seminar on 'Overcome of moral crisis' (Press Center).
The 2nd beneficiaries in press, writing and publication were selected. .
Nov The 2nd Traditional Music Award was given to Mr. Lee Hye Goo.
Dec The 23rd Bang Il Young scholarship students were selected.
           
Jun The 3rd beneficiaries in press, writing and publication were selected
Jul Establishment of 'Bang Il Young Fellowship', the support to overseas pressmen.
Nov The 3rd Traditional Music Award was given to Master Park Dong Jin.
'Gyecho Bang Eung Mo' was published.
Dec The 24th Bang Il Young scholarship students were selected.
           
Jan The 1st scholarship graduate students (Doctor's degree) were selected.
May The 4th beneficiaries in press, writing and publication were selected.
Sep The 1st beneficiaries of Bang Il Young Fellowship came to Korea and . took the induction course.
Oct Support to publication of IPI(Internation Pressmen Institution) Journal.
Nov The 4th Traditional Music Award was given to Mr. Kin Chun Hyung
Dec The 25th Bang Il Young scholarship students were selected.
           
Jan The 2nd scholarship graduate students(Doctor's degree) were selected.
May The 5th beneficiaries in press, writing and publication were selected.
Jun The 2nd beneficiaries of Bang Il Young Fellowship came to Korea and . took the induction course.
Nov The 5th Traditional Music Award was given to Mr. Sung Kyung Lin
Dec The 26th Bang Il Young scholarship students were selected.
           
Jan The 3rd scholarship graduate students(Doctor's degree) were selected.
Vacancy of a director (Director Kim Yong Won got in office)
Mar Support to the science council of Korea Politics Academy.
The 3rd beneficiaries of Bang Il Young Fellowship came to Korea and took the induction course.
May The 6th beneficiaries in press, writing and publication were selected. (for the first half year)
Vacancy of a director (Director Hyun Jong Chan got in office)
Oct The 6th beneficiaries in press, writing and publication were selected. (for the second half year)
Nov The 6th Traditional Music Award was given to Mrs. Oh Bok Nyeo.
'60 year on raging waves, Bang Il Young and Chosun Ilbo' was published.
Dec The 27th Bang Il Young scholarship students were selected.
Contribution of Bang Il Young Scholarship Fund for national middle and high schools of traditional music.
The comprehensive bibliography (2 vols.) of 'The Selected Editorials of Korean Newspapers' (total 12 vols.) were published.