New Tel Aviv Breast Cancer Center made possible with $3.5 million donation from Ruth Monicka Parasol and The Parasol Foundation

Ruth Monicka Parasol and The Parasol Foundation Trust are donating $3.5 million to fund vital research and create a new multidisciplinary center for the comprehensive treatment of women with breast cancer. The Parasol Foundation Women’s Breast Cancer Center for diagnosis, research and treatment will operate within the Tel Aviv Sourasky Medical Center (TASMC). Planned to open in 2024, Tens of thousands of women will benefit from the new center every year. The innovative center will be a one-stop facility for women with breast cancer. Surgeons, experts in the field of pathology, cytology, oncology, X-ray, genetics, as well as psychologists and social workers will all be on hand to support women throughout their treatment. Women will have access to counselling and emotional support from the moment of the initial diagnosis right through to recovery.

Tel Aviv Breast Cancer Center.

The donation will also fund ground-breaking clinical and genetic research led by women physicians over a three-year period starting in 2023 to help:

  • Reveal pathways governing drug resistance
  • Monitor and analyze the development of breast and ovarian cancer.
  • Support with the early detection of breast cancer.
  • Develop innovative drugs and treatment methods.
  • Keren Marenbakh Lamin and Noa Keren, will lead the research and twenty outstanding women physicians will receive Parasol Foundation research grants to conduct pioneering research into breast and ovarian cancer.

“With this donation we’re helping TASMC offer the best possible breast cancer care today and funding innovative female led research to make sure there are even better treatment options for future generations of women,” said Ruth Parasol.

Ruth Monicka Parasol

Ms. Ruth Monicka Parasol was born in 1967 and is one of the world’s most successful entrepreneurs and businesswomen. With a self-made portfolio of over $1b, she, and her international team excel in Real Estate, Asset Management and Private Equity.

The Parasol Foundation Trust

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 given over £35,000,000 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. A tech pioneer and entrepreneur, Ruth Parasol is passionate about widening opportunities, supporting women’s health and helping women to achieve their potential in the fields of Science Technology, Engineering and Medicine.

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