Principal is a firm that provides investment management, insurance, fiduciary trustee, administrative support, and third party administration to nonprofit clients. They primarily provide their services regionally, with most clients in California, New York, Minnesota, and Ohio (although they are present in other states as well).
Most Principal clients are health and welfare funds, hospitals, and individual and family services with revenues ranging from $19 million to $378 million.
| Name | Type | Location | |||
|---|---|---|---|---|---|
| 1 | Healthcare Information and Management Systems Society (HIMSS) | 501(c)(6) | Chicago, IL | ||
| 2 | First Place for Youth | 501(c)(3) | Oakland, CA | ||
| 3 | Group Health | 501(c)(3) | Minneapolis, MN | ||
| 4 | Los Angeles Philharmonic Association (LA Phil) | 501(c)(3) | Los Angeles, CA | ||
| 5 | Houston Livestock Show and Rodeo | 501(c)(3) | Houston, TX | ||
| 6 | La Rabida Children's Hospital | 501(c)(3) | Chicago, IL | ||
| 7 | Amherst H Wilder Foundation | 501(c)(3) | St Paul, MN | ||
| 8 | The Marine Mammal Center | 501(c)(3) | Sausalito, CA | ||
| 9 | Discovery Place | 501(c)(3) | Charlotte, NC | ||
| 10 | Covenant HealthCare | 501(c)(3) | Saginaw, MI | ||
| ... | and 19 more Principal not-for-profit tax-exempt clients identified by Cause IQ | ||||
Competitors to Principal in the nonprofit sector include Minnesota Life Insurance Company, Transamerica, Capfinancial Partners, LLC, Blue Cross Blue Shield Of Alabama, Anthem Blue Cross Blue Shield, Axa Equitable Life Insurance, Cigna Healthcare, Independence Blue Cross, Blue Cross Blue Shield Of Kansas, and Umr.
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