VICTORIA — British Columbia millionaire Eric Peterson is preparing to do something he's never been comfortable with — ask other very rich people for money.
VICTORIA — British Columbia millionaire Eric Peterson is preparing to do something he's never been comfortable with — ask other very rich people for money.
Peterson said in an interview that he envisions having to divide up the foundation’s eclectic list of projects to find funding partners for the individual pieces, which range from the Hakai Institute, that researches Canadian coastal ecology, to a branch working on health care in Guatemala. Peterson and Munck began the Tula Foundation, named after one of their dogs, after he sold his company, Mitra, for an estimated $300 million in 2001.
"It is a strange sort of a conglomerate of things … and it's sort of tied together by our personal interest," he said. The couple has also transferred two parcels of land totalling 22 hectares to the BC Parks Foundation for future incorporation into the Hakai Luxvbalis Conservancy, which is collaboratively managed by the province and the Heiltsuk and Wuikinuxv First Nations.