Peter John King 1928 - 2011

Peter J. King was born in Boston, the fifth of six children of Greek immigrants Rebecca and John Kalafatas. Peter attended Boston College where he played football, was founding editor of the first business school newspaper and was a founding member of the New Boston Committee, a city government reform organization.

His first business career involved positions in accounting and finance in New York City, South Carolina, Ohio and ultimately in Minnesota where he was Executive Vice President at American Hoist and Derrick. For a brief time he also served as President of Pentair, Inc. After 25 years of working for others, Peter struck out on his own, founding a consulting firm that would ultimately become Sunrise International Leasing Corp. Over the next 30 years, Sunrise would grow to be the 50th largest leasing firm in the country and would be cited twice as one of the fastest growing companies in Minnesota.

30 years later, when it was time to slow the pace a bit, Peter wound down the business and vowed to donate his share of the proceeds to charity. This donation made permanent the legacy he started years earlier as the Peter J. King Family Foundation. Today the Foundation carries on Peter’s mission of funding “bricks and mortar” projects for organizations that are dedicated to improving children’s healthcare and education and building a stronger family environment. The Foundation has funded projects in partnership with many organizations including The Salvation Army, Union Gospel Mission, United Hospital, YMCA and others. The Foundation also supports several facilities near Iringa, Tanzania where Peter travelled many times developing close relationships with many educators and health care professionals there.

Peter enjoyed many hobbies including boating, scuba diving, golf, and international travel. He was also an avid gardener and accomplished woodworker. Peter lived in North Oaks for 38 years, forming decades-long friendships with many neighbors. He also served as a director of the North Oaks Home Owners Association in 2009-2010.

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