Upholding a belief in "taking from the society and giving back to the society," the Far Eastern Group began actively supporting education and public interest undertakings in the 1960s. During 1976 and 1977, the Group successively established the Far Eastern Memorial Foundation and Far Eastern Medical Foundation to sponsor various art and cultural activities, medical research, and healthcare endeavors. The Group founded Far Eastern Memorial Hospital in 1981, and this hospital is now the largest medical center in New Taipei City. The hospital has consistently sought to develop new medical technologies, establish professional medical teams, and achieve a high level of service quality. It provides the public with the medical service meeting the highest standards, and won the National Quality Award in 2008.
To commemorate the Group's late Founder, the "Far Eastern Y. Z. Hsu Science & Technology Memorial Foundation" was established in 2001, the first private science and technology foundation in Taiwan under the auspices of the National Science Council. This foundation—which seeks to promote scientific and technological innovation—sponsors such annual awards as the "Y. Z. Hsu Scientific Chair Professorship," "Y. Z. Hsu Scientific Paper Award" and "Y. Z. Hsu Technology Invention Award," etc., and also supports innovative industrial research and development work in the areas of nanotechnology, communications & optoelectronics, biotechnology & medicine, and green technology. Starting in 2009, the Foundation has collaboratively held the "Y. Z. Hsu Cup—Taiwan Student Physics Debating Contest" in conjunction with National Taiwan Normal University, and selected representatives of Taiwan to participate in the International Young Physicists' Tournament; Taiwan's participants brought home silver medals from the 2010 and 2011 tournaments. These efforts are helping interest in science and technology take root among the younger generation.
Motivated by the founder's belief that "education strengthens a nation" and to cultivate first-class technological talent, the Far Eastern Group has actively supported educational undertakings with very long-range payoffs. The Group therefore established the Oriental College of Industry in 1969; this school was promoted to the Oriental Institute of Technology in 2000. The Group also established the Yuan Ze Institute of Technology in 1989, and this school was upgraded to Yuan Ze University in 1997. Yuan Ze University became Taiwan's first university to win "National Quality Award" in 2003. Yuan Ze University won a further honor in 2005 when it was selected as one of 12 "Academic Excellence Universities," making the Far Eastern Group a model of corporate support for education. Oriental Institute of Technology and Yuan Ze University have both transmitted Far Eastern's belief in efficiency, quality and innovation, have accumulated many years of educational performance and capabilities, and established themselves as exemplars of vocational and university education.