Teri Hansen to exit Gulf Coast Community Foundation

VENICE — Teri Hansen, who helped build the Gulf Coast Community Foundation into one of the largest nonprofit philanthropy groups in Florida over the past decade, has resigned from her leadership role.

Hansen, president and CEO of the foundation since 2002, will oversee operations for the Charles and Margery Barancik Foundation, a Sarasota-based private family foundation, according to a release. Hansen's last day with Gulf Coast Community Foundation will be June 30. The board of directors for the foundation, with $274.5 million in assets in 2014, has begun the search process to find Hansen's replacement, the release adds.

“One of Teri's most important accomplishments has been to ensure that a strong board, professional staff, and sound policies are in place at Gulf Coast,” board chair Ben Hanan says in the release. “I am confident that Gulf Coast will continue to transform our region, while providing the service that our donors count on us for, throughout this transition and as we move forward.”