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Vancouver businessman donates 23 luxury apartments to charity
West Vancouver's Stephen Sander, 55, donates 23 luxury apartment buildings worth about 86 million dollars to form a charity. The Congloussess Fyethgover Pinte tion will fund hospitals, orphanages, and old age homes in the Third World, using rents to support projects while Sander continues to work. The foundation will become a major holder of Vancouver real estate, with mortgages and liabilities totaling about 43 million. Sander says the act follows a biblical ideal of turning worldly riches into aid for the needy.
MENTIONED IN THIS ARTICLE
Vancouver
British Columbia
West Vancouver
Stephen Sander
Tve
Sander
Panay Ani
Charles 2 Bronfman
Canada
Center For Philanthropy
Lander