Karin Larson, business-savvy benefactor to Twin Cities institutions, dies in California at 82 – Twin Cities

2021-05-08 16:53:20 –

Karin Larson didn’t mind being the only girl in her family, her major, or her career. She thought it would give her an advantage.

A Swedish business-savvy daughter, known for her generosity to several Twin Cities organizations, died on April 24 at her home in Pacific Palisades, California. She was 82 years old.

Jim Bender, a Bethel University spokesman and longtime friend, said: “She wanted to empower people and then stand behind them and push them forward.”

Larson was born on August 8, 1938 in Minneapolis to his parents Walter and Clara Larson. The youngest and only daughter of three children, she graduated from South High School and later earned a bachelor’s degree in business and international affairs from the University of Minnesota. She is a self-designed major. She graduated from college for the first time in her family.

She moved to California to be close to other family members and earned an MBA from the University of Southern California. While there, she worked as a secretary at Capital Group, a Los Angeles-based investment company. She sees her potential and acknowledges her boss’s credit for giving her several opportunities to grow her career.

She became an analyst, portfolio manager, and eventually the company’s first female research director, growing into one of the world’s top investment companies. When she first offered to work as a research director, which meant moving to New York, she didn’t say it three times, but in the end she didn’t forgive.

In a video created for Bethel University, she said: “Looking at the growth of other young people and finding support is one of the best parts of my career. I wasn’t very achievement-oriented and … really in that title I wasn’t focused. I wasn’t worried that it wasn’t well recognized. “

With her success, she chose to invest in young people and rekindled her connection with Bethel. There she became a board member and major contributor to a private university in Arden Hills.

“Karin was one of the most courageous, remarkable, strong, generous and visionary people we have ever met,” said Bethel Honorary Chairman Jay Burns. Stated. “She exemplifies the qualities of the grit and character that Bethel students want to grow.”

Her donations helped the university grow its nursing, business and wellness centers. She donated the largest cash gift in college history to fund the Nelson Larson Science Center, a three-story, 18,000-square-foot building. She named the building in honor of her mother, whose maiden name is Nelson.

“She wanted this building to be given in honor of her mom and dad, but especially for her mom who always wanted to be a nurse but didn’t have the opportunity,” said Bender. Told.

Larson also donated to the Minnesota Public Radio, the American Swedish Institute, The Salvation Army, and numerous educational programs.

Memorial ceremony It will take place on May 15th in Malibu Pacific Church, Malibu, California.

Karin Larson, business-savvy benefactor to Twin Cities institutions, dies in California at 82 – Twin Cities Source link Karin Larson, business-savvy benefactor to Twin Cities institutions, dies in California at 82 – Twin Cities

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