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Gerard Cafesjian, Philanthropist And Como Carousel Namesake, Dies At

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  • Gerard Cafesjian, Philanthropist And Como Carousel Namesake, Dies At

    GERARD CAFESJIAN, PHILANTHROPIST AND COMO CAROUSEL NAMESAKE, DIES AT 88

    Pioneer Press
    Sept 17 2013

    By Elizabeth Mohr

    Gerard Leon Cafesjian, the benefactor who helped save the famed Como
    Park carousel, has passed away, according to Armenian news reports.

    Cafesjian amassed his wealth as an executive at West Publishing,
    where he worked from 1952 until 1996. His philanthropic pursuits went
    well beyond the salvage and restoration of the Cafesjian Carousel,
    as it's now known. He also founded the Cafesjian Family Foundation,
    the Cafesjian Museum Foundation and the Cafesjian Center for the Arts.

    Cafesjian, 88, formerly of Roseville, had retired and was living in
    Naples, Fla.

    Messages for family members were not immediately returned Tuesday.

    Cafesjian's attorney said he was not authorized to speak on behalf of
    the family. And a woman who answered the phone at the Cafesjian Family
    Foundation said no one there was taking media calls at that time.

    Several Armenian news outlets were reporting Cafesjian's death
    Tuesday. Some said Armenian President Serzh Sargsyan had issued a
    message of condolence to Cafesjian's family.

    Cafesjian was born in 1925 in Brooklyn, N.Y., to Armenian parents who
    immigrated to the United States in 1915, according to a biography on
    the Cafesjian Center for the Arts website. He served in the U.S. Navy
    during World War II and later earned a degree in economics from Hunter
    College and a law degree from St. John's University Law School. He
    began working for West Publishing in New York City and was later
    transferred to the St. Paul office.

    In 1988 Cafesjian led an effort to save a 1914 merry-go-round that had
    spun at the Minnesota State Fairgrounds for 75 years. He and others
    contributed more than $2 million to save the 68-horse carousel from
    being broken apart and auctioned off.

    The Cafesjian Carousel, which was named in honor of its major
    benefactor, was restored and initially installed in Town Square in
    downtown St. Paul.

    "I knew it was worth saving and had to be saved," Cafesjian told the
    Pioneer Press in 1990, just days before the refurbished carousel
    was set to make its public debut. "We can all be proud of the way
    everybody got behind it."

    When the carousel was unveiled, Cafesjian reportedly bought 100
    tickets to give away to children who wanted to ride it and sat on a
    park bench to observe the event.

    "I can't think of getting more pleasure per dollar than what I've
    gotten already," Cafesjian told reporters at the time.

    The carousel was moved to storage in 1996 and found its permanent
    home in Como Park in 2000.

    Through his philanthropic organizations, Cafesjian sought to bring
    economic relief and artistic venues to Armenia, and to promote Armenian
    art and history to the rest of the world.

    He was most recently mentioned in local news in August when one of his
    former employees was indicted on federal fraud charges for allegedly
    embezzling millions of dollars from Cafesjian and his companies.

    Cafesjian's wife, Cleo, died in March. The couple met during WWII and
    were married in July 1947. At the time of Cleo's death, they had two
    adult children, one granddaughter and three great-grandchildren.

    http://www.twincities.com/stpaul/ci_24115379/gerard-cafesjian-philanthropist-and-como-carousel-namesake-dies

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