Peter J. King
Holcomb-Henry-Boom-Purcell Funeral Homes - Shoreview
515 Highway 96 West
Shoreview, MN
Age 83 Of North Oaks, Minnesota Passed away peacefully on March 14, 2011, after a courageous battle with cancer. Preceded in death by his mother, Rebecca Savopoulos Kalafatas and father, John M. Kalafatas; brothers, Metrophanis and Nicholas; and sister, Bessie Papas. Survived by his loving companion, Ann Fankhanel, his sons, Bill (Beth) and Russell; his grandsons, Kyle, Ryan and Michael King, William and Daniel Graham, and Kellin and Alex Sandeno. He is also survived by sisters, Demetra Bowers and Ann Larouche; sister-in-law, Helen Kalafatas; many nieces and nephews; and a large group of loving, devoted friends. Peter was born in Boston, Massachusetts on February 11, 1928, the fifth of six children. He graduated from Boston College where he played football, was the founding editor of its first business school newspaper and a founding member of the New Boston Committee. Peter had two careers - first in finance and manufacturing management, holding positions of increasing responsibility including director and senior officer of three New York Stock Exchange and two NASDAQ listed corporations. After 25 years, he began his second career by forming an equipment leasing company, King Capital Corporation. King Capital, through its leasing subsidiary Sunrise International Leasing Corporation, became the 50th largest leasing company in the United States and was cited twice as one of the fastest growing companies in Minnesota. After 30 years, King Capital phased out of leasing and Peter vowed to donate all of his proceeds to charity, founding the Peter J. King Family Foundation. The Foundation has provided major funding to "bricks and mortar" projects for the Salvation Army, United Hospital, United Family Medicine Clinic and Residency Program and Union Gospel Mission. The Foundation has also provided funding for education and health care facilities in Tanzania, Africa, to which he traveled frequently. Peter also took an active role in his community as a director of the North Oaks Home Owners Association. His recreational interests ranged from boating, scuba diving, tennis and golf, to being a worldwide traveler, avid gardener, accomplished woodworker and opera enthusiast. Funeral service 11AM Monday, March 21 at INCARNATION LUTHERAN CHURCH, 4880 Hodgson Road, Shoreview. Visitation 4 - 8PM Sunday, March 20 at HOLCOMB-HENRY-BOOM-PURCELL FUNERAL HOME, 515 Highway 96 West at Mackubin, Shoreview and beginning at 10AM at the church before Monday's service. Memorials preferred to the Salvation Army and United Hospital Foundation. 651-482-7606

Published by Pioneer Press from Mar. 16 to Mar. 20, 2011.
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17 Entries
Dear Russel,Comfort Words
It's hard for me to find the words that might bring you comfort at this time of loss, but perhaps just knowing that I am thinking of you with sympathy  and understanding will somehow help to give you strength at this diffcult time.Pam & zizo
PS:very sorry we didn't know till after the fact,we were out of town
Pam & zizo Attia
March 24, 2011
Dear Russell and Family,

We extend our warmest condolences to you. We are forever grateful for the many lives that your father and your family have transformed in the Frogtown area of St. Paul. His legacy of empowering others through giving will live on through the lives of many children, families, and educators through the Bethel University King Family Foundation Child Development Center. Our prayers and thoughts continue to be with you and your family.
Talaya Tolefree Bethel University King Family Foundation Child Development Center
March 22, 2011

I am so sorry for your loss. I have so many wonderful memories of Peter and can hear his laugh as I write. Over time I have come to appreciate the lessons he taught all of us about being true servant leaders. Peter was one who lead by example - thank you for the blessing of knowing him.

You are in my thoughts and prayers
Karen Rankin
March 21, 2011
Bill & Russell – I am so sorry to hear about your dad’s passing. Peter was a remarkable man. He is in my thoughts and prayers.

My deepest sympathy to all of you.
Susan Bowman
March 21, 2011
Russell and Family,

I so enjoyed getting to know Peter the past 15 years at the cabin and at his wonderful holiday celebrations. It was clear from our first meeting that Peter was a man of uncommon qualities. He was a gentleman in the truest sense of that word and a gracious host.

I'll never forget my "test drive" last summer at the lake. When we returned from that once in a lifetime thrill, I ran back to the patio to thank him. He just winked, smiled, and said "anytime!"

The past couple years, I began to learn about his dedication to giving and his care for those less fortunate. In a world so desperately short of real role models, your father taught us all a lesson about how to live. I pray that you can find a measure of comfort in his lasting legacy, his long life admirably lived, and the faith that he's now where he belongs.
Mark Benson
March 21, 2011
Russell and Bill we are sorry for your loss. Uncle Peter was greatly blessed to succeed with the American Dream while keeping his heart for helping others. His memory and his work will live on. We miss him. Paul and Nancy Papas
Paul Papas
March 20, 2011
Dear Russell and Family,

My heartfelt condolences to you on the loss off your wonderful father.
Paula Rankin, New Smyrna Florida
Paula Rankin
March 20, 2011
Russell and Bill,
Your Dad will stay in my memories forever as a wonderful man that had a spark in his step. He was a big influence in my life and a great mentor. I will never forget him.
Lisa McAlonie
March 20, 2011
Ann. I am so sorry for your loss. I only met Peter through you--at the opera and at other social events--but he certainly was an intelligent, gregarious and spirited person--just like you! My thoughts and prayers are with you and Peter's family. Paul Sabby
Paul Sabby
March 19, 2011
Ann, Bill & Russell - We are thinking of you and we are so sad for you as you grieve Peter's death. He was our good friend for 38 years as we partied, traveled, biked, played tennis & golf together. His kindness and generosity will be remembered as we keep his memory close to us in the years ahead. Our love & prayers, Kay & Joe Lindner
March 19, 2011
Bill and Russell,
Our heartfelt condolences to you and your family. We have fond memories of your father giving us much needed advice when we started our business many years ago.

Steve & Catherine [McAlonie] Soderquist
March 18, 2011

Our hearts are with you at this time. We will keep you and your family in our thoughts and prayers.

Rob and Michelle Rankin
Rob Rankin
March 17, 2011
In memory of a man who I think of quite often. I had close to 20 years working for Peter and I can't even begin to cover all I learned from him! He had high expectations but was extremely loyal to his employees and cared deeply for us.

My deeptest sympathy to you Bill and Russ!
Kelly Kendle
March 17, 2011
Bill and Russell,

The Howe family was saddened to hear of the loss of Peter. Peter was a true friend to our family and will be greatly missed. May your memories of the best of times carry you through this time of grief.
Doug Howe
March 16, 2011
Dear Beloved Neighbor and Friend: We know you haven't really "left us," you've merely "transitioned." Memories of your kindnesses and outpourings of generosity stay with us for the time being, and until we are, once again, "neighbors." Our love and warmest regards to Bill, Russell, and Ann. Realtors told us North Oaks was an "investment opportunity," and neighbors who loved, cared for, and looked after one another proved them right!
Douglas, Marian, Greg & Chris Whiting
March 16, 2011
Our thoughts and prayers go out to your family. Peter was a wonderful man. The McCabe family will miss him, too.
Wendy McCabe
March 16, 2011
May the love of frinds and family carry you through at this time.
Tammy Lyman-Emick
March 16, 2011
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