Gerard Cafesjian
Encyclopedia
Gerard Cafesjian is an Armenian-American
Armenian-American
Armenian Americans are citizens of the United States whose ancestry originates wholly or partly in Armenia. During the United States 2000 Census, 385,488 respondents indicated either full or partial Armenian ancestry...

 businessman and philanthropist
Philanthropy
Philanthropy etymologically means "the love of humanity"—love in the sense of caring for, nourishing, developing, or enhancing; humanity in the sense of "what it is to be human," or "human potential." In modern practical terms, it is "private initiatives for public good, focusing on quality of...

 who founded the Cafesjian Family Foundation (CFF) and has contributed considerable sums to many philanthropic causes.

He earned a degree in Economics from Hunter College
Hunter College
Hunter College, established in 1870, is a public university and one of the constituent colleges of the City University of New York, located on Manhattan's Upper East Side. Hunter grants undergraduate, graduate, and post-graduate degrees in more than one hundred fields of study, and is recognized...

. Then he started out as a legal editor, and later became owner of the West Publishing Corporation, (before it was bought by the Thomson Corporation
Thomson Corporation
The Thomson Corporation was one of the world's largest information companies.Thomson was active in financial services, healthcare sectors, law, science & technology research, and tax & accounting sectors...

). He was awarded the Business and the Arts Award.

Cafesjian is presently a key shareholder in CS Media
CS Media
CS Media is a major media company, located in the center of Yerevan, capital of Republic of Armenia. Armenian-American businessman and philanthropist Gerard Cafesjian is a majour shareholder in the business....

, a media house that includes the Armenia TV Company, ArmNews around-the-clock Armenian news station, 107FM radio station and TV5 music station as well as a music and publishing house.

The list of charitable donations include:
  • $17.5 million in donations and pledges toward buying a property to establish a museum in Washington for the Armenian Genocide
    Armenian Genocide
    The Armenian Genocide—also known as the Armenian Holocaust, the Armenian Massacres and, by Armenians, as the Great Crime—refers to the deliberate and systematic destruction of the Armenian population of the Ottoman Empire during and just after World War I...

     in Washington D. C., named Armenian Genocide Museum of America
    Armenian Genocide Museum of America
    Armenian Genocide Museum of America is a proposed Armenian museum in Washington, D.C., United States, run by the Armenian Genocide Museum and Memorial Inc....

     run by the Armenian Genocide Museum and Memorial, Inc. (AGM&M).
  • Building a Cultural and Art Museum in Yerevan
    Yerevan
    Yerevan is the capital and largest city of Armenia and one of the world's oldest continuously-inhabited cities. Situated along the Hrazdan River, Yerevan is the administrative, cultural, and industrial center of the country...

    , the Gerard L. Cafesjian Museum of Art
    Gerard L. Cafesjian Museum of Art
    The Cafesjian Center for the Arts is an art museum in Yerevan, Armenia. It is situated in central Yerevan in the area in and around the Cascade. At the core of the museum's permanent collection is the Gerard L. Cafesjian Collection of Art...

    .
  • Restoration of a dismantled historic Carousel for Como Park Minnesota
  • Expansion of premises of a museum at the Scottsdale Arizona
    Arizona
    Arizona ; is a state located in the southwestern region of the United States. It is also part of the western United States and the mountain west. The capital and largest city is Phoenix...

     center for the Arts.


He has also supported alternative energy projects in Armenia
Armenia
Armenia , officially the Republic of Armenia , is a landlocked mountainous country in the Caucasus region of Eurasia...

.

He is currently retired and lives in Florida
Florida
Florida is a state in the southeastern United States, located on the nation's Atlantic and Gulf coasts. It is bordered to the west by the Gulf of Mexico, to the north by Alabama and Georgia and to the east by the Atlantic Ocean. With a population of 18,801,310 as measured by the 2010 census, it...

, where he still manages personal investments and contributes to charities. The Armenian Assembly of America
Armenian Assembly of America
The Armenian Assembly of America aims to "strengthen U.S./Armenia and U.S. relations, promotes Armenia's democratic development and economic prosperity and seeks universal affirmation of the Armenian Genocide" via "research, education and advocacy."...

honored Cafesjian as a Life Trustee at a 2002 National Gala Banquet.

In the spring of 2004, Cafesjian bought a 33rd-floor apartment at 50 Central Park South in Manhattan for $12 million. The apartment was later listed for sale with an asking price of $18.95 million.

External links

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