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Sarasota-Manatee
Business Observer Thursday, Oct. 7, 2021 1 month ago

Longtime CPA fills newly created CFO position at Sarasota-based foundation

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The new hire is anything but new to the financial industry with a longstanding career as a CPA and CFO for a national fixtures company.

SARASOTA — Following the creation of the position for a chief financial officer, the Charles and Margery Barancik Foundation announced the role has been filled. 

The foundation hired Ev Bosque to maintain its financial integrity through the direction of its fiscal, fund accounting and investment activities. While new to the role, Bosque has been in the financial game for quite awhile. 

He brings 29 years of experience as a CPA in finance and operational areas to the role. Bosque also has experience as a CFO for fixtures company EMI Industries. 

“We are at a significant time in our lifecycle where we need to strategically oversee an increase in assets and the growth of our operations,” says Teri Hansen, president and CEO of Barancik Foundation, in a release. “Ev brings savvy ingenuity that will serve the foundation well.”

The foundation was established in 2014 by philanthropists Charles and Margery Barancik. Now, the Sarasota private family foundation has $487.04 million in assets. 

It works with a host of partners to address challenges in education, humanitarian causes, arts and culture, the environment and medical research that impact the Sarasota community. The organization has grown and matured since Hansen took the position in 2015, including adding staff members and increasing assets.    

Part of the added assets came after the founding couple died in 2020 following a car accident on Longboat Key. A donation of nearly all of their wealth was made to the foundation upon their passing. Hansen says the funds will be available by the end of next year. At that point, the foundation’s assets will be worth about $700 million. 

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