The Sugbo Chinese Heritage Museum envisions itself to be “the leading institution in the appreciation, preservation and promotion of the Chinese-Cebuano heritage and cultures”. It will focus on “research, curation, and exhibition; conservation of artifacts, documents, and other collections through new technologies and techniques; and enrichment of the community and the nation through educational programs”.
In August 2012, the Gotianuy Family turned over its abandoned Gotiaoco Building, a neo-classical structure, to SCHMFI to serve as the museum. It has a 99-year lease of the property from the DENR that has 50 more years left. The DENR turned over the custodianship of the land to the National Museum. On Sept. 23, 2013, the National Museum awarded the SCHMFI full autonomy in the development, management of the land and the operation of the museum. The Cebu City Council has declared the building as a heritage site.