Peterson Group’s $1M matching gift challenge announced at fundraiser to double the impact of incoming donations
The first-ever virtual Scotiabank Feast of Fortune, hosted this evening by St. Paul’s Foundation (SPF), brought guests together virtually to ring in the Year of Ox and raise more than $262,645 for the very future of health care: the new St. Paul’s at the Jim Pattison Medical Centre.
When the doors open in 2026, the new St. Paul’s will join Mount Saint Joseph Hospital, Holy Family Hospital, and Providence Health Care’s (PHC) long-term care homes as the cornerstone of Providence Health Care.
The new St. Paul’s at the Jim Pattison Medical Centre will be a thriving campus entirely devoted to health care, life sciences, and technology. It will be a place where the best and brightest minds work together to care for patients, mentor the next generation of health care providers, and collaborate on new discoveries in a globally-recognized R&D ecosystem.
“From the very beginning, our medical teams have been on the vanguard of leading-edge treatment and research,” says Dr. Janet Kow, senior medical director for Acute Care Quality and Safety at PHC, and a member of the Feast of Fortune committee. “It’s a testament to our staff, our culture – and our donors – that we have achieved so many medical milestones in facilities that were built more than 125 years ago.”
Since its first gala in 2008, donors at this philanthropic celebration of the Lunar New Year have helped raise more than $7.9 million and made the Scotiabank Feast of Fortune one of SPF’s most impactful fundraising events. Thanks to the community’s generosity, St. Paul’s Foundation has been able to fund state-of-the-art diagnostic tools and surgical equipment, and critical research studies that will change and save lives.
At the event, Dick Vollet, St. Paul’s Foundation President and CEO, made a surprise announcement that Peterson Group, a respected real estate company in Vancouver’s business community, had made a $1 million pledge to match donations to the new St. Paul’s. As attendees celebrated good fortune and welcomed in the new year, Ben Yeung, Executive Chair & CEO of Peterson, and a St. Paul’s Foundation board member, challenged the Chinese community–and the entire St. Paul’s community–to come together and support of the future of health care at the new St. Paul’s.
“Peterson knows that every donation to the new St. Paul’s is a gift to our children and to future generations of patients, families, and caregivers. It’s a promise of more lives saved, more discoveries made, and more quality time with loved ones,” said Dick. “Thanks to Peterson and Ben’s leadership, and the generosity of donors who accept his challenge to double their impact, the new St. Paul’s will bring our community unprecedented access to the best medical care, equipment, and researchers in the world, ushering in a new gold standard for excellence and innovation, furthering our life-saving work for patients across B.C.”
The Scotiabank Feast of Fortune is supported by our sponsors: Scotiabank; Cerner Corporation; Sing and Patricia Yeo of Realtors Care; Chempaka Holdings Ltd; Bing & Noodle World; Ed Fung of King Ed International Investments Corp; Green Team Realty Inc; Mission Hill Family Estate; and Fairchild TV and TalentVision; Global BC; OMNI; and Ming Pao Daily News.