

The Leona M. and Harry B. Helmsley Charitable Trust has approved a $5.45 million grant to build a cutting-edge Medical Technologies Building at the Holon Institute of Technology (HIT) in Israel.
The 77,000-square-foot building, to be named for Helmsley, will feature six floors of state-of-the-art classrooms, lecture halls, applied research laboratories, specialized design studios and innovation hub.
“Helmsley is committed to supporting the Holon Institute of Technology in educating young people, bolstering Israel’s healthcare system, and expanding opportunities for students who want to enter the fields of science, applied mathematics, engineering, and so much more,” said Sandor Frankel, a Trustee of the Helmsley Charitable Trust.
“One of Helmsley’s top priorities is to strengthen the healthcare system in Israel so everyone there has access to quality services,” said Frankel. “Investing in HIT’s vision is an important step toward that goal.”
The $19.6 million project, also supported by Israel’s Council for Higher Education, is expected to be completed in 2027 and will ultimately provide HIT with enough classroom space to accommodate at least 850 students, along with meeting rooms and a large public event space.
The Institute serves roughly 6,000 students from 384 different cities, towns and villages, with 40 percent of students the first generation of their families earning academic degrees, and one-fifth from disadvantaged communities.
“In this era of technological transformation in healthcare, HIT stands at the forefront of preparing tomorrow’s medical technology pioneers,” said Professor Eduard Yakubov, President of HIT. “Our collaboration with the Helmsley Charitable Trust enables the creation of an unparalleled home for excellence that will elevate healthcare education, research, and practice throughout Israel.”
The funding will fuel the Institute’s programs across the medical technology spectrum, including digital health innovations, advanced medical imaging, clinical technologies, and healthcare analytics.
The new building will consolidate under one roof the medical technology programs currently spread across the 13-acre campus.
HIT is particularly focused on healthcare to address Israel’s growing elderly, chronically ill, remotely distanced, and vulnerable populations.