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The estate of Sarasota philanthropists J. Robert Peterson and Pasqualina Peterson gifted New College with $4 million.
J. Robert “Bob” Peterson and Pasqualina “Lee” Peterson were mainstays in Sarasota's philanthropy scene for years.
Their generosity has continued since their respective passings in 2012 and 2017. Most recently, the Petersons' estate gifted $4 million to the New College of Florida — the largest donation in the college's 61-year-history.
“We are thrilled and humbled by the extraordinary gift from Bob and Lee Peterson, as well as the support of their children,” said New College President Donal O’Shea in a statement. “This is a game-changer for New College and will make all the difference in the way that we can support our students.”'