Former San Francisco Mayor Willie Brown; dr. Charles Huang, President of the Charles Huang Foundation; Mister. Kitman Chan, Chairman of the Board of Directors of the Chinese Hospital; dr. Jian Zhangexecutive director of China Hospital
“The Chinese hospital is the institution I want to support the most. It has a great tradition of caring for the local community, especially those less privileged groups. Education and health have always been the main priorities of my Foundation. This is also the reason why, after significant donations for my two alma mater in the UK and ChinaI chose a Chinese hospital as the recipient of my first charity donation in the United States, “ said Dr. Huang. “During the pandemic, we witnessed anti-Asian, especially anti-Chinese, feelings in American society. I hope that my donation can also show American society that Asian Americans, especially the Chinese, care for our communities and give back to our communities to make our communities better and stronger.. “
The donation will finance the reconstruction of the hospital outpatient tower infrastructure and the creation of innovative programs that meet the health needs of the Community. The renovated building will be called the “Charles Huang Foundation Outpatient Tower”. and provide additional capacity and services, including new subacute care beds and surgical suites, laboratory and administrative improvements, and mental health and nutrition programs.
dr. Jian Zhangthe executive director of a Chinese hospital said: “We are grateful to Dr. Huang for this generous gift that will allow us to expand beyond the necessary service to our local community.” Mister. Kitman ChanChairman of the Board of Directors of the Chinese Hospital, he added, “This remarkable gift will enable the spread of the extraordinary health services that San Francisco needs.“
About dr. Charles Huang and the Charles Huang Foundation
dr. Charles Huang is the founder and president of Pasaca Capital Inc., a California- a multi-billion dollar evergreen fund with a global portfolio of companies in the fields of medical devices, pharmaceuticals, TMT, industry and automation and entertainment. Prior to founding Pasaca Capital, Dr. Huang achieved remarkable success as a visionary leader ahead of his time in the investment banking and automotive sectors. He was recognized as having a “midas touch” due to his unparalleled stock selection skills and impeccable stock market calling.
Through the foundation, Dr. Huang made significant donations to his alma mater, including a $ 70 million donation for University of StrathclydeUK, a $ 40 million donation for Wuhan University, Chinaand hospital in Arcadia California.
In the month of AAPI Legacy 2022, Dr. Huang was recognized as one of the prominent leaders of AAPI and received the “Excellence in Business” award from the California AAPI Legislature. In 2021, Dr. Huang was named “Philanthropist of the Year” by the California State Assembly. Pasaca Capital was named “Business of the Year”.
The Charles Huang Foundation is a non-profit public benefit corporation with a mission to accelerate and encourage education, health research and entrepreneurship on a global platform. The Foundation works in partnership with governments, foundations, corporations and institutions to establish educational and business opportunities that maximize the potential of scientists, researchers and entrepreneurs. www.charleshuangfoundation.org/
About the Chinese hospital
Chinese Hospital is a non-profit organization owned by the community based in San Francisco’s Chinatown. Its mission is to provide quality health care in a cost-effective way and to respond to the ethnic and cultural specificity of the community. It has its roots in over 100 years until 1899, when the Chinatown community opened the Tung Wah Dispensary to provide eastern and western medicines for Chinese immigrants who could not access major health facilities. A brand new replacement hospital was opened in 2016. www.ChineseHospital-SF.org.
SOURCE Pasaca Capital, Inc.
