Pete Congleton Named Director of Gift Planning - Insurance News | InsuranceNewsNet

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July 30, 2014 Newswires
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Pete Congleton Named Director of Gift Planning

Targeted News Service

BLACKSBURG, Va., July 29 -- Virginia Tech issued the following news release:

Pete Congleton has been appointed director of gift planning at Virginia Tech.

Prior to joining University Development, Congleton served as director of planned giving for the University of Hartford while also volunteering as member of the executive board of the Planned Giving Group of New England.

Earlier in his career, he started the first formal planned giving program for the Groton School, playing a significant role in its largest capital campaign. Congleton served in the U.S. Navy as an officer and naval aviator, and he has a bachelor's degree from Wesleyan University.

"Sound gift planning practices help donors maximize the philanthropic impacts they can make, and our Office of Gift Planning has an excellent history of helping Virginia Tech to benefit from that," said Thim Corvin, senior associate vice president for development and principal gifts. "Pete's impressive accomplishments in this field make him an exciting addition to our team."

In addition to overseeing the Office of Gift Planning within University Development, Congleton has a portfolio of fundraising prospects. His office helps raise awareness of gift-planning strategies - such as bequests, life-income gifts, gifts of real estate, designations from trusts and retirement plans, life-insurance gifts, and charitable gift annuities - that may be of interest to donors and their attorneys.

"I'm excited by the high degree of loyalty and generosity that is prevalent within the Hokie constituency," Congleton said. "In addition to the pride and spirit exhibited by students, alumni, and friends of the university, I have also been impressed by the extraordinary professionalism and dedication of our faculty and staff."

Dedicated to its motto, Ut Prosim (That I May Serve), Virginia Tech takes a hands-on, engaging approach to education, preparing scholars to be leaders in their fields and communities. As the commonwealth's most comprehensive university and its leading research institution, Virginia Tech offers 225 undergraduate and graduate degree programs to more than 31,000 students and manages a research portfolio of $496 million. The university fulfills its land-grant mission of transforming knowledge to practice through technological leadership and by fueling economic growth and job creation locally, regionally, and across Virginia.

TNS 30TagarumaMar-140730-4813241 30TagarumaMar

Copyright:  (c) 2014 Targeted News Service
Wordcount:  364

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