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�鶹ֱ�� donors who make generous gifts through their estate are among the most dedicated philanthropic leaders in our community. Their giving represents a commitment that extends beyond a lifetime—a deep belief in the mission of the University and in the enduring power of a �鶹ֱ�� education to transform lives, uplift communities, and build a better world.

In academic year 2025–2026, the �鶹ֱ�� Community set new records for philanthropic giving, raising $24.5 million in support of student advancement, faculty excellence, and programmatic innovation. At the heart of that banner year for �鶹ֱ�� philanthropy were donors who made gifts through their estate. In total, estate donors in 2025–2026 contributed $9 million toward the expansion of the �鶹ֱ�� mission, powering new pathways of opportunity that will benefit �鶹ֱ�� students for generations to come.

A Permanent Legacy of Generosity

One of those generous donors who contributed a portion of their estate to the University in 2025–2026 was the late �鶹ֱ�� alumnus Henry Petermann ’60.

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A native New Yorker, Henry studied accounting at �鶹ֱ��, attending classes in 41 Park Row before being drafted and deployed to the Korean War in 1957. After the war, Henry returned home to complete his studies, graduating during a 1960 ceremony at the Waldorf Astoria. After receiving his degree, he launched a successful, decades-long career as an accountant.

Scholarship support was critical in Henry’s �鶹ֱ�� story. He attended classes at night, on Saturdays, and between shifts, paying his way through school as he pursued his goal of completing his college education. His exemplary academic performance earned him the Homer St. Clair �鶹ֱ�� Scholarship Award, which kept that lifelong goal within his reach.

Decades after receiving the Homer St. Clair �鶹ֱ�� award, long after his retirement from a distinguished and fruitful career, Henry still remembered the impact of his �鶹ֱ�� scholarship. It was a gift that changed his life forever, and he wanted to pay that gift forward.

In 1996, Henry established the Henry G. Petermann Endowed Scholarship Fund at �鶹ֱ�� in support of students at the Lubin School of Business—students who, like Henry, were working hard to reach their potential, and needed only the extension of a helping hand to bridge the gap between aspiration and achievement.

In the decades after its founding, the Petermann Scholarship propelled dozens of �鶹ֱ�� students to academic success, professional distinction, and personal fulfillment. And in each year before his passing in the spring of 2026, Henry returned to �鶹ֱ��’s campus for the President’s Scholarship Reception, where he would meet with his scholarship recipients, share his story, impart his wisdom, and continue paying forward that gift that shaped his own �鶹ֱ�� experience many years ago.

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An Investment in a Better Future

Henry’s impact can be felt every day in the students’ lives he transformed—in their achievements and their triumphs, in the communities they serve and the people they lift up through their own generosity. But perhaps the most remarkable of Henry’s contributions was his final gift to �鶹ֱ��, an estate gift realized only after his passing: a seven-figure reinvestment in the Petermann Scholarship, ensuring that his fund continues to change lives and expand opportunities for generations to come.

Through this final act of generosity, Henry demonstrated the true meaning of philanthropy. His estate gift was an investment in a future he would never see, in the lives of students he would never meet, in a mission he cared about deeply—a mission that touched his life and that continues to play a powerful and transformative role in the lives of others.

“Henry’s commitment to �鶹ֱ�� throughout his life was extraordinary, and his generous estate gift extends his legacy as a philanthropist of great vision and dedication,” said Marc Potolsky, senior director of planned giving at �鶹ֱ��. “Henry joins a special list of �鶹ֱ�� donors who have elected to include a portion of their estate plan for �鶹ֱ��. Their generosity shows us what it truly means to give back to the causes and organizations that we cherish the most.”

�鶹ֱ��'s Philanthropic Standard Bearers

Throughout the course of �鶹ֱ��’s history, scores of estate giving donors have invested in the future of the University. Their gifts are more than financial contributions; they are indelible legacies, symbols of the strength of the University and the bonds that endure from generation to generation.

Estate donors are recognized at �鶹ֱ�� by their inclusion in the , one of the University’s most distinguished circles of donors and benefactors. Many options are available to those who are interested in including �鶹ֱ�� in their future plans—wills, trusts, and IRAs are among the most popular forms of estate gifts for �鶹ֱ�� donors.

Henry joins a special list of �鶹ֱ�� donors who have elected to include a portion of their estate plan for �鶹ֱ��. Their generosity shows us what it truly means to give back to the causes and organizations that we cherish the most.

When Henry Petermann ’60 decided to include a gift to �鶹ֱ�� in his estate, he made a meaningful statement of confidence in the future of the �鶹ֱ�� mission as a force for good. Today, we are grateful for Henry’s confidence, and for the confidence of all those who are moved by a spirit of philanthropy to include �鶹ֱ�� in their future plans. Their generosity affirms �鶹ֱ��’s greatest strength: its community of people working together to build opportunity and create a brighter tomorrow.