Largest bequest in University’s history to be invested in deep tech innovation

Toronto, ON June 3, 2024 – Canadian Friends of Bar-Ilan University (“CFBIU”), a non-profit dedicated to providing direct funding support from Canadians for Israel’s second largest and fastest growing academic institution Bar-Ilan University, announced a historical gift to fund future scientific innovation.

In his remarks during the University’s annual Board of Trustees meeting, Bar-Ilan President Professor Arie Zaban announced than an anonymous donor has gifted $260M to Bar-Ilan, the largest bequest ever to the university, and one of the largest donations ever made to an Israeli university.

The donor, a highly educated Jew based in North America, chose Bar-Ilan University as the research institution best able to undertake the great task of expanding science-based technological resilience in Israel.

“During his visits to Israel, this donor saw for himself the infrastructure Bar-Ilan built to harness scientific innovation,” said CFBIU CEO Randy Spiegel. “This transformative gift will enable Bar-Ilan to continue to lead the world with innovative solutions to complex problems.”

Professor Zaban shared that this gift will be invested in the development of “Deep Tech” fields, recruiting researchers in areas such as energy, the environment, cryptography, bio-convergence, quantum computing, AI, and natural language processing. Bar-Ilan will also take the lead in building advanced research laboratories, supporting advanced degree students, and creating state-of-the-art innovation hubs.

“This gift will enable us to start implementing our new vision for the future,” stated Professor Zaban. “Today, more than ever, Israel needs science-based technological resilience, the essential element of all future innovations. This is key to a thriving society and economy. Bar-Ilan is thrilled that this gift will allow us to make a meaningful investment in strengthening Israel’s technological resilience.”

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For further info, please contact:
Randy Spiegel, CEO, Canadian Friends of Bar-Ilan University
Email: randy@cfbiu.org
Phone: (416) 781-4466

About Canadian Friends of Bar-Ilan University

Canadian Friends of Bar-Ilan University (“CFBIU”) plays a vital role in providing direct funding support for Bar-Ilan University (“BIU”), Israel’s second largest and fastest growing academic institution.

CFBIU’s mission is to promote the tangible positive impact that BIU, its faculty, students, and alumni are having on Israel and the rest of the world. Every day, the people of BIU are making a difference through innovative academic research, by applying groundbreaking technology to tackle complex real-world challenges, and leveraging new theories to solve urgent problems – all while serving the surrounding community.
Donations to CFBIU support a leading Israeli academic institution while strengthening and expanding the significant impact the BIU community makes.

About Bar-Ilan University

Founded in 1955 in Ramat Gan, Bar-Ilan University, now Israel’s second-largest institution of higher education, ranks in the top 2% of all universities worldwide.
Uniquely combining cutting-edge, multi-disciplinary, scientific research with a Jewish-values based education, Bar-Ilan’s impact-driven approach prepares its students to meet and overcome the challenges of the 21st century.

A scientific powerhouse, and Israel’s leader in crucial areas such as renewable and sustainable energy, electrical and computer engineering, and artificial intelligence. Bar-Ilan is helping lead the way to a brighter future for Israelis, Diaspora Jewry and all of humanity.

BIU has created challenge-driven research centers that embrace practical research designed to change and improve the human experience. The university has adopted innovative instructional methods while intensifying global outreach and broadening its discourse and dialogue throughout Israel and the Jewish world.

From a starting population of 90 students to over 20,000 today, Bar-Ilan’s achievements in the sciences and humanities and all fields of human endeavour have made an indelible imprint on the State of Israel. Bar-Ilan awards undergraduate, graduate, doctoral and medical degrees and provides unparalleled opportunities for post-doctoral scholars and researchers from around the world.