Raymond Heung : Trustee

Raymond Heung


Born in Hong Kong, Raymond came to Canada to attend University in 1966. After receiving his Bachelor of Commerce degree, he completed his graduate degrees in M.A (Economics) and M.Sc. (Urban Land Economics) from UBC in the early 1970’s.

He worked for Daon Development Corp. in the later part of the 1970’s. He founded Vanac Development Corp in 1982, and has been the company’s President ever since. Between 1998 and 2005, he was also the President and CEO of Madison Pacific Properties Inc., a public commercial real estate company based in Vancouver, B.C.

Raymond is a past member of the Real Estate Institute of BC. He has been engaged in the acquisition, development and management of commercial real estate for close to 40 years.

Raymond and his wife Terry Heung, are Trustees of the Foundation.

Richard Benmore : Advisor

Richard Benmore


Richard is a retired Chartered Accountant and has served as a Chief Financial Officer and Director of many public and private companies. His career covered all aspects of finance, accounting, taxation and included significant roles in corporate reorganizations and restructurings.

Over a 40 year business career, Richard became a Chartered Accountant (retired), continued in public practice and then became involved in senior financial and operations roles with public and private real estate companies. Later, Richard was involved in the hospitality industry.

Richard is a Past President (2009) and Director of Point Grey Golf and Country Club, a past Director and Treasurer of Family Services of Vancouver.

Joined the Y.P. Heung Foundation Board of Advisors in 2012.

Stanley Hamilton : Advisor

Stanley Hamilton


Stanley is an Professor Emeritus at UBC’s Sauder School of Business UBC, where he taught and conducted research in real estate valuation and institutional investments. He served in a number of senior administrator roles at UBC.

Throughout his career he has been engaged in community activities including the boards of Children’s Aid Society of Vancouver, Vancouver Stock Exchange, B.C. Assessment Authority, Vancouver City Planning Commission, Arts Club Theatre Company and the Investment Advisory Committee of the Public Guardian and Trustee of B.C. and the Financial Services Tribunal of B.C.

Stanley is past chair of the BC Arts Council and a member of the Investment Advisory Committees of the Real Estate Foundation of B.C. and Bentall Kennedy Prime Canadian Property Fund.

In December 2017 Dr. Stanley Hamilton received the honour of the Order of British Columbia. The Order represents the highest form of recognition the Province can extend to its citizens.

Joined the Y.P. Heung Foundation Board of Advisors in 2012.

Alicia Heung : Administrator

Alicia Heung


Alicia joined the Y.P. Heung Foundation as an Administrator in June 2015. She was born and raised in Vancouver and is an alumnus of the University of British Columbia.

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