Foundation capital

Charles Huang Foundation Makes Record Donation to Arcadia Methodist Hospital

Global entrepreneur donating $7.5 million in his adopted hometown, making it the largest donation ever in the hospital’s 119-year history

PASADENA, Calif., June 27, 2022 /PRNewswire/ — Chinese-American entrepreneur Dr. Charles Huanthe founder of the Charles Huang Foundation (CHF), announced a $7.5 million donation to the Methodist Hospital of Southern California (MHSC) in Arcadia, the largest donation ever made in its 119-year history. It is the second donation made to hospitals by Dr. Huang’s private foundation after the record-breaking donation to the 123-year-old Chinese Hospital in San Francisco earlier this month.

“We want to do everything in our power to help expand needed health care services locally.” dr. Charles Huan

A special ceremony was held today at Methodist Hospital attended by members of the Charles Huang Foundation Board of Trustees, management team and staff of Methodist Hospital and the Foundation, joined by US Congresswoman Judy ChuCalifornia Assemblyman Phillip Chen, Arcadia Town’s mayor Tom Beck, San Marino Town’s mayor Susan Jakubowskielected officials from the state, LA County, San Gabriel Valley cities, and consuls from the Consulate General of China in Los Angles.

This donation will be used for the construction and purchase of equipment for a new hybrid operating room and a new 12-bed pre-operative/post-anaesthesia care unit for the hospital. The new facility will be named “Charles Huang Foundation Hybrid Operating Center”.

We are so lucky and happy for this generous gift from Dr Huang,” said mike driebepresident of the Methodist Hospital Foundation.

A hybrid operating room is an advanced procedural setup that integrates a traditional operating room with an image-guided interventional suite. This combination allows for highly complex advanced surgical procedures with a multidisciplinary group of clinicians prepared to meet complex patient needs. A hybrid operating room contains surgical equipment, instruments, surgical tables, operating room lighting, equipment management systems and surgical booms, as well as stationary advanced imaging systems. This creates the ability to perform image-guided procedures as minimally invasive procedures. If it is necessary to convert a minimally invasive surgery to an “open” procedure, these spaces allow for a quick and smooth transition by providing all the necessary capacities and personnel in a single sterile space, without delay to perform surgical services. vital. The Charles Huang Foundation Hybrid Operation Center will be used for cardiac, vascular, endovascular, neurological and spinal surgeries.

Dr. Huang lived in his adopted hometown of Arcadia for more than 20 years despite being a well-known investor and entrepreneur of China. Her eldest daughter recently gave birth to her first grandchild at Methodist Hospital, and two of her children were also born there and are currently attending neighborhood schools.

I have always been impressed with the level of care and service at Methodist Hospital for my family and many of our staff,” said Dr Huang. “It’s important that everyone supports local organizations like the Methodist Hospital who do so much for our community. We want to do everything we can to help extend needed health care services locally. With This new hybrid operating center, Methodist Hospital will further distinguish itself as a center of excellence in cardiac surgery and serve many more patients in our local communities more effectively and efficiently.

Video about Dr. Charles Huan and this Don: https://youtu.be/8Xzhigmf7RY

About the dr. Charles Huan and the Charles Huang Foundation:

Dr. Huang is the founder and chairman of Pasaca Capital Inc., a Californiamulti-billion dollar evergreen funds with various global holding companies in North America, Europe, Asiaand the Middle East in medical devices, pharmaceuticals, TMT, industrials and automation and entertainment (Innova Medical Group, Canton Technology, PayWallet, ATL, Meepo Inc, Sweegen Inc., KraftPal). Prior to forming Pasaca Capital, Dr. Huang had an outstanding career in investment banking with James Capel (now HSBC Securities) in hong kong and Crédit Lyonnais and BNP Paribas, as well as the automotive sector.

Through the foundation, Dr. Huang has made substantial donations to his alma maters, including contributions to the University of Strathclyde in Scotlandand to Wuhan University of China. More recently, Dr. Huang made a significant donation to that of San Francisco Chinese Hospital and established the Charles Huang Foundation Research Fund in University of CaliforniaLos Angeles.

During this year’s Asian American Pacific Islander Heritage Month, Dr. Huang was recognized as one of AAPI’s Distinguished Leaders and received the “Business Excellence” honor from the California AAPI Legislative Caucus. . In November 2021, Dr. Huang was named “Philanthroprenner of the Year” by the California State Assembly. Pasaca Capital was also named “Company of the Year” for its extraordinary contributions to the state of california and the world.

For more information, please visit: https://www.charleshuangfoundation.org/

About The Methodist Hospital of Southern California:

Founded in 1903, the Methodist Hospital of Southern California is a full-service community hospital with 348 licensed beds. The hospital offers advanced cardiovascular services including cardiac catheterization, electrophysiology, and open-heart surgery. The hospital also offers a variety of services in orthopedics, neurosurgery, obstetrics, and many other medical specialties. It has been recognized by the American College of Surgeons as a comprehensive community cancer center. The hospital has won numerous awards and accolades for the dedicated care its staff provide to patients and the advanced technology used for diagnosis and treatment.

For more information, please visit: https://www.methodisthospital.org/

Arcadia City Mayor Tom Beck (second from left) and members of council presented a certificate of congratulations to Dr. Charles Huang for his donation to Arcadia Methodist Hospital and his contributions to the local community

Dr. Charles Huang, President of the Charles Huang Foundation and Mr. Dan Ausman, President &;  CEO of Methodist Hospital of Southern California during the presentation of the check

Dr. Charles Huang, Chairman of the Charles Huang Foundation and Mr. Dan Ausman, President and CEO of Methodist Hospital of Southern California at the presentation of the check

Dr. Charles Huang, Chairman of the Charles Huang Foundation, received the proclamation from Congresswoman Judy Chu, United States Representative for California's 27th Congressional District

Dr. Charles Huang, Chairman of the Charles Huang Foundation, received the proclamation from Congresswoman Judy Chu, United States Representative for California’s 27th Congressional District

Charles Huang Foundation board members, U.S. Congresswoman Judy Chu, and doctors and staff from Arcadia Methodist Hospital at the signing ceremony

Charles Huang Foundation board members, U.S. Congresswoman Judy Chu, and doctors and staff from Arcadia Methodist Hospital at the signing ceremony

Logo Pasaca Capital Inc. (PRNewsfoto/Pasaca Capital, Inc.)

Logo Pasaca Capital Inc. (PRNewsfoto/Pasaca Capital, Inc.)

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SOURCEPasaca Capital, Inc.