Horim museum was founded by chairman Jang Sub Yun who contributed large collection of antiquities and significant amount of basic fund. He founded the Sungbo Cultural Foundation in July of 1981 and the foundation established the Horim Museum in October of 1982 at Daechi-dong by leasing one floor of a building. After elaborate design and construction of the new building, the museum was reopened in May of 1999 at the present location, Sillim-dong in Seoul. The floor space of the new museum is about 1,400 pyung (49,820 ft2) and it has four exhibition galleries, one special exhibition gallery, three storage areas, one library, coffee lounge, and souvenir shop. The Horim Museum owns more than 10,000 collections of Korean arts including more than 3,000 earthenwares, 1,100 celadons, 2,100 porcelains, 500 punchongs, 2,000 paintings and books, 400 metal arts and 700 other items. Among these, 44 items are designated as the national cultural properties (8 national treasures and 36 treasures) as of January 2000. Horim Museum is recognized as one of the three major private museums in Korea with the quality and variety of the rare cultural asset.