With long-standing family ties to the history and development of Chinatown, Carol Lee is deeply committed to the revitalization of Chinatown and the Downtown Eastside. She is the co-founder and Chair of Vancouver Chinatown Foundation, a registered charity dedicated to building a more resilient and inclusive community while preserving its irreplaceable cultural heritage. Lee serves on several boards and organizations including the BC Achievement Foundation, National Coalition Against Anti-Asian Racism, and Harvard Business School Canadian Advisory Board. In 2023 she was appointed to the Order of Canada, and the Independent Advisory Board Supreme Court of Canada Judicial Appointments.