The Parasol Foundation Trust is the philanthropic division of Parasol International and Ruth Parasol and family, helping to create opportunities for women to pursue their dreams and inspiring the next generation to follow in their footsteps.
The Trust was established in Gibraltar in 2004 and since then it has awarded over £40,000,000 for health, heritage and education grants in Gibraltar, UK, Israel, India, US, Spain and elsewhere.
Ruth Parasol is its Principal Benefactress giving much of her time as one of the Trustee Directors, guiding grant making, continuing to fund the Trust with her additional money and her private family office providing administrative and investment support.
Ruth Parasol says: “Our time, success and fortune are borrowed. You can never give or appreciate enough, but every effort helps. Here, at The Parasol Foundation, we enable change by supporting talented individuals and core centers of health and education, in order to create a better future for the next generation. Through education, cutting-edge technologies, advanced medical treatments and culture preservation, we hope to contribute to a better and brighter future.
Ruth Parasol, born 1967, is one of the world’s most successful female entrepreneurs and an astute investor. With a self-made portfolio of over $1b, she, and her international team excel in Real Estate, Asset Management and Private Equity. She is passionate about creating opportunities for women to achieve their potential in the fields of science, technology, engineering and medicine.