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2.2.09 | Bancroft Hires New Chief Financial Officer, Thomas J. Burke

The appointment signifies the organization’s effort to strengthen and expand the executive team in anticipation of upcoming developments

Haddonfield, NJ—February 2, 2010—Bancroft (www.bancroft.org), a human service provider of education, residential, vocational and rehabilitation services for children and adults with intellectual and developmental disabilities, acquired brain injuries and other neurological challenges, welcomes Thomas J. Burke to its executive team.

Burke joins Bancroft as Chief Financial Officer and, among many financial responsibilities, will implement financial goals, create funding strategies and develop a capital improvement budget for the organization. Burke joins Bancroft from Trefoil Properties, LP, where he served as Senior Vice President and Chief Financial Officer. Prior to this position, he served as Chief Financial and Administrative Officer/Director of Chapel Mortgage Corporation.

“Bancroft is currently looking to strengthen and expand our executive team to add the required expertise as we look down the road at immediate significant projects,” says Toni Pergolin, President, Bancroft. “With 25 years of financial management experience mixed in with strong leadership skills, Burke will provide strategic vision and planning for the organization now and for the future.”

Burke has experience in the areas of strategic planning, debt and equity capital raising and operations and financial analysis. Burke has knowledge in developing operational systems for financial functions on a situational basis and focuses on growth-oriented planning. Burke has also held positions at Berwind Financial Group, Merrill Lynch and Company and PricewaterhouseCoopers, where he gained management experience in real estate, banking and public accounting.

About Bancroft
Founded in 1883, Bancroft annually serves more than 1,300 children and adults with intellectual and developmental challenges and acquired brain injuries. Bancroft strives to ensure that every person is given opportunities for lifelong learning and fulfillment. The organization does this by altering perceptions and supporting people with neurological challenges in achieving their life goals as valued and respected members of our world. Based in Haddonfield, N.J., Bancroft has sites in Camden, Burlington, Gloucester, Ocean, Salem and Middlesex counties, New Jersey, in New Castle County, Delaware; and Montgomery County, Pennsylvania. Programs and supports include early childhood, education, vocational and supported employment, structured day, rehabilitation, community living, behavioral treatment, as well as in-home and outpatient services.