Nicholas and Athena Karabots helped the Philadelphia Museum of Art acquire a rare complete set of European horse armor - accompanied by an equally monumental suit of man armor, in what is being billed as "the most important armor acquisition by any U.S. museum in the last 50 years." The unveiling ceremony for the 500-year-old complete suit of steel horse armor was held on October 21, 2009. There are only 50 of these suits left in the world, and only 12 complete sets. Mr. Karabots, Director of Amrep, a magazine-services and real-estate development company in Princeton, N.J., and his wife, Athena, also donated $7 million to the museum towards the purchase of a Thomas Eakins painting "The Gross Clinic," from Thomas Jefferson U., in Philadelphia, in 2007. In addition, the Greek American couple also gave a major donation of $15 million in 2008 to the Children's Hospital of Philadelphia, enabling the opening of a new pediatric care center in Norristown, Penn.

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