EIN 46-1828839

Fiat Lux Risk and Insurance Company

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2012
Most recent tax filings
2022-06-01
Description
To operate for the benefit of and to promote and support, directly or indirectly, the interests and purposes of the regents of the University of California.
Related structure
Fiat Lux Risk and Insurance Company is a subordinate organization under UCSF Benioff Children's Hospital Oakland.
Total revenues
$917,692,875
2022
Total expenses
$887,029,207
2022
Total assets
$2,175,669,791
2022
Num. employees
0
2022

Program areas at Fiat Lux Risk and Insurance Company

The purpose of Fiat Lux is to finance the University of California's self insured retentions, to purchase reinsurance directly, and to issue to the University of California's certain bespoke insurance policies. IN FURTHERANCE OF THIS PURPOSE, THE ORGANIZATION PROVIDES: (A) IMPROVED RISK MANAGEMENT PRICING PREDICTABILITY AND COST STABILITY; (B) ENHANCED RISK MANAGEMENT, AND PROTECTION AND COVERAGE OF LESS TRADITIONAL RISKS AND ESOTERIC RISKS; (C) A FOUNDATION FOR DEVELOPMENT AND IMPLEMENTATION WITHIN THE REGENTS OF MORE FORMALIZED RISK FINANCING POLICIES AND PROCEDURES; AND (D) INSURANCE COVERAGE FOR EXTERNAL THIRD PARTIES, INCLUDING BUT NOT LIMITED TO, AGENTS, AFFILIATES, ASSOCIATIONS, JOINT VENTURES, AND PARTNERSHIPS OF OR IN WHICH THE REGENTS OF THE UNIVERSITY OF CALIFORNIA PARTICIPATES OR OWNS AN INTEREST PROVIDED THAT SUCH THIRD PARTY COVERAGE IS NO MORE THAN AN INSUBSTANTIAL PORTION OF THE ORGANIZATION'S OVERALL ACTIVITIES. To date and in total the organization provides over 40 different coverages and risk financing arrangements to the University of California.

Personnel at Fiat Lux Risk and Insurance Company

NameTitleCompensation
Nathan BrostromDirector and Chair and Chief Financial Officer$0
Kevin ConfettiPresident$0
Charles F RobinsonDirector and Secretary$0
Norman L HamillDirector and Assistant Secretary$0
Chris C HarringtonAssistant Secretary$0
...and 2 more key personnel

Financials for Fiat Lux Risk and Insurance Company

RevenuesFYE 06/2022
Total grants, contributions, etc.$400,000,000
Program services$477,279,017
Investment income and dividends$15,327,800
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$25,086,058
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$917,692,875

Form 990s for Fiat Lux Risk and Insurance Company

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2020-062021-05-11990View PDF
2019-062020-09-03990View PDF
2018-062019-12-07990View PDF
2017-062018-11-15990View PDF
...and 4 more Form 990s
Data update history
July 3, 2023
Updated personnel
Identified 1 new personnel
May 25, 2023
Updated personnel
Identified 2 new personnel
May 13, 2023
Used new vendors
Identified 3 new vendors, including , , and
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 2, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Mutual assistance organizationsInsurance companiesEnvironmental organizationsChapter / child organizationsCharities
Issues
No issues found
Characteristics
Tax deductible donationsNo full-time employees
General information
Address
1608 Rhode Island Ave NW
Washington, DC 20036
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Phone
(510) 987-9820
IRS details
EIN
46-1828839
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
524126: Direct Property and Casualty Insurance Carriers
Parent/child status
Subordinate organization
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