The Parasol Foundation Trust is the philanthropic division of Parasol International and Ruth Parasol and family.

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.