Believing that "Businessmen should not only contribute to the prosperity of society but should also assume the responsibility of stimulating educational growth and cultural development," Hong Chien-chuan, chairman of the National Electric Appliance Sales Co., and his four sons established Hong's Foundation for Education and Culture (HFEC) in November, 1971.
「企業家的責任，不僅在促進社會經濟的繁榮，更應負起教育文化延續的使命。」洪建全教育文化基金會是在這個信念下創設的。