Propolis collected from botanical sources by honey bee, has been used as a popular natural remedies in folk medicine throughout the world. This study was conducted to assess growth inhibitory effects of ethanol extracts of propolis (EEPs) from 20 different regions in South Korea on human intestinal bacteria as well as BACE-1, AChE inhibitory, antioxidant, antiproliferative, and anti-human rhinovirus activities. Correlation coefficient (r) analysis of the biological activities of EEP samples was determined using their 50% inhibition concentration or minimal inhibitory concentration values and their polyphenol or flavonoid contents in 20 Korean EEP samples. Correlation coefficient analysis showed that total polyphenol contents may be negatively correlated with DPPH free radical scavenging activity (r = –0.872) and total flavonoid content has no correlation with the activity (r = 0.071). No direct correlation between BACE-1 inhibition, AChE inhibition, or antiproliferative activity and total polyphenol or total flavonoid content in Korean EEP samples was found.