The University further highlighted the time that the foundation, which was formally known as the Bonita Trust, has invested in the educational establishment. The University said the “generous” donation marked an important milestone and thanked both Ruth Parasol, the principal benefactress and Founding Member of the International Advisory Board of the Parasol Foundation Trust, as well as the foundation itself. Following the immense, international success of her online gaming company and its IPO on the London Stock exchange in 2005, Ruth sold her remaining interests and dedicates her time to raising her children, philanthropy and to overseeing her international private investment office. Since 2012, The Parasol Foundation Trust has provided scholarships for exceptional international students taking part in world class programmes at Hebrew University.The Parasol Foundation Trust has donated £600,000 to the University of Gibraltar, helping to fund its curriculum development and resources, and signalling a partnership between business and education on the Rock. Ruth is considered to be one of the world’s wealthiest self-made women today. Through education, cutting-edge technologies, advanced medical treatments and culture preservation, we hope to contribute to a better and brighter future.”

Here, at The Parasol Foundation Trust, we enable change by supporting talented individuals and core centres of health and education, in order to create a better future for the next generation. You can never give or appreciate enough, but every effort helps. Ruth Parasol says: “Our time, success and fortune are borrowed. To date, the Trust has committed over £20,000,000 on various educational, health, culture and heritage initiatives. The Parasol Foundation Trust is a philanthropic trust established in 2004 in Gibraltar and is overseen by its principal benefactress, Ruth Parasol.įor over 10 years the Trust has been giving to communities in Gibraltar, UK, Israel, India and the United States.

Ruth parasol gibraltar