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Wednesday, July 07, 2010

Chinese Hospital gets $1-mil building from See Yip Merchants Assn


Wednesday, July 7, 2010

Officials at San Francisco’s Chinese Hospital say the See Yip Chinese Merchants Association is giving it a building, at 769 Commercial Street, to help fund the hospital’s planned $160 million rebuild project.


The building and its assets will be used to support the effort “to build a replacement facility for the iconic, but aging (hospital) at 845 Jackson Street in San Francisco’s historic Chinatown,” officials said July 7, calling it undoubtedly the largest construction project in the 54-bed hospital’s 100-year history.


This is the first major gift from the so-called family associations in Chinatown, officials said, and the first step toward raising a philanthropic goal of $25 million to rebuild Chinese Hospital.


Plans call for rebuilding the hospital and including a new 22-bed skilled nursing unit and an imaging unit. The project is expected to take five years, but "we hope it will be completed by the first half of 2014," Julia Ling, the hospital's director of fund development, told the San Francisco Business Times.


Officials say the nonprofit community hospital is the only Chinese hospital in the nation.


Rose Pak, a noted Chinatown political powerhouse, is fund raising chair for the project; Pak and James K. Ho, Chinese Hospital’s board president, will formally announce the gift at noon Thursday.


Officials said the building is worth more than $1 million.


Chris Rauber covers health care, insurance and the wine industry for the San Francisco Business Times.
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Read his blog postings at
Bay Area BizTalk.

Original story:
Chinese Hospital set to announce major philanthropic gift Thursday - San Francisco Business Times

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