New College Receives $4 Million Gift

From Sarasota Magazine.com, January 13, 2021

The gift, which comes from the estate of Bob and Lee Peterson, is the largest in New College’s 61-year history

Sarasota philanthropists J. Robert “Bob” Peterson and Pasqualina “Lee” Peterson have donated $4 million to New College of Florida through a bequest gift from their estate. It is the largest gift in New College’s 61-year history.

The Petersons previously made significant gifts to New College, and the Lee & Bob Peterson Residence Hall on campus is named in their honor. Bob Peterson spent many years serving on the New College Board of Trustees. Funds from the gift will likely be used to support New College students, endowment, and other critical elements of the college, as per the wishes of the Peterson family.

Read the entire story here.


Founded in Sarasota in 1960, New College of Florida is the state's only legislatively designated Honors College of Florida. New College prepares intellectually curious students for lives of great achievement by providing a highly individualized education that integrates academic rigor with career-building experiences. New College offers 45 undergraduate majors in liberal arts and sciences, a master’s degree program in data science, and certificates in technology, finance, and business skills.

Inquiries about this article can be made to 941-487-4157 or to email us.

Do you know of an event or story we should share? Tell us about it.

Related News

Campus News

Peterson estate gives New College $4 million

January 12, 2021

Sarasota philanthropists Bob and Lee Peterson have donated $4 million to New College of Florida through a bequest gift from…

In the media

CEO appears in SRQ February 2020 Tribute to Business Edition

February 12, 2020

[caption id="attachment_52698" align="alignleft" width="954"] Left to right: Lisandra Jimenez, Naomi Copeland, Maddie Tympanick, Ciara Suarez and Director Dwayne Peterson[/caption]

Campus News

A new direction for the CEO

September 3, 2019

Dwayne Peterson aims to increase student engagement at the Center for Career Engagement and Opportunity.