K-pop artist G-Dragon unveiled a plan on Monday to donate 300 million won ($230,237) to an anti-drug foundation he is establishing next year.

According to G-Dragon's agency Galaxy Corporation, G-Dragon named the foundation "JusPeace Foundation," a word that combined “justice” and “peace.”

The 35-year-old artist is donating 300 million won in the name of his now defunct group Big Bang’s fan community, VIP, to the JusPeace Foundation.

“The foundation will be established based on G-Dragon’s strong will to make a society a place without prejudice through music. The first project of the foundation is to help eradicate illegal drug use and to provide medical treatment for drug-addicted teenagers,” said Cho Sung-hae, chief ESG officer of Galaxy Corporation, in a press release.

G-Dragon aims to raise drug awareness and promote continuous efforts to eradicate drug abuse through the foundation, he added.

The artist is currently in contact with experts in various fields from health care to public policy, administration, welfare and culture sectors to join the foundation's advisory committee, G-Dragon's agency said.

G-Dragon is also set to release a new album in the first half of next year.