University of Gibraltar receives generous donation from Parasol Foundation Trust

4th December 2017

The University of Gibraltar thanks Ruth Parasol and the Parasol Foundation Trust for their time and generous donation of £600,000.00 to the University for major investment in our curriculum development and educational resources.  The grant will include the renaming of the University library to The Parasol Library along with the acquisition of new learning resources to support the University’s educational offerings.

Ms. Ruth Parasol is the principal benefactress and Founding Member of the International Advisory Board of the Parasol Foundation Trust. In regards to the £600,000.00 gift, Ruth Parasol says ‘It is great to be part of supporting and enhancing the ongoing development of the University of Gibraltar which serves an important new and growing educational function in Gibraltar that will inspire generations to come in upper education’.

The University of Gibraltar will shortly be launching its new strategy ‘Pathways for Growth and Distinction: 2017-2022’ that will outline details of the ambitious educational development initiatives planned for the next five years.

Professor Daniella Tilbury, Vice-Chancellor and CEO of the University of Gibraltar, commented ‘Partnerships lie at the heart of the University’s strategic plan. We are grateful to Ruth Parasol and the Parasol Foundation Trust for their generous time and donation which will assist with the expansion of our academic offer and support systems. This partnership is an ambitious one, supporting engagement with the business community, the employability aspects of our programmes and the striving for excellence across our current provision.’

The Parasol Foundation Trust has a long history of supporting educational projects and this latest donation is further endorsement of the standard and quality of education here in Gibraltar. The Parasol Foundation Trust (formerly The Bonita Trust), was established in Gibraltar in 2004 and focuses on local and cross-border philanthropic projects in the areas of education, female enrichment, medical research, culture and disaster relief in Gibraltar, Spain, England, Israel, India and elsewhere.

The Parasol Foundation Trust