Helmsley Charitable Trust donates $5.45 million for Holon Institute of Technology

The US-based Helmsley Charitable Trust donates NIS 19.44 million ($5.45 million) for a new medical technology building at the Holon Institute of Technology.

The planned six-story building will feature applied research labs, design studios, an innovation center, and a large public event space. The overall project, supported by the Council of Higher Education, is budgeted at NIS 70 million ($19.6 million).
The new building will have enough classroom space to accommodate approximately 850 students.

A Holon Institute of Technology spokesperson says that the institute is focused on addressing Israel’s growing elderly, chronically ill and vulnerable populations.

“There is an increasing need to train new generations of physicians and health technologists who will be able to advance Israel’s digital health system,” the spokesperson says.

Harry and Leona Helmsley owned a chain of hotels and the Empire State Building. Since 2008, the Leona M. and Harry B. Helmsley Charitable Trust Fund has donated more than NIS 16 billion ($4.5 billion) in grants worldwide, including NIS 2.5 billion ($700 million) in grants in Israel.