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 New York and California (although they are present in other states as well).
Most Principal clients are health and welfare funds, hospitals, and grantmaking foundations with revenues ranging from $21 million to $352 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 (LAP) | 501(c)(3) | Los Angeles, CA | ||
| 5 | Houston Livestock Show and Rodeo | 501(c)(3) | Houston, TX | ||
| 6 | Point Park University | 501(c)(3) | Pittsburgh, PA | ||
| 7 | La Rabida Children's Hospital | 501(c)(3) | Chicago, IL | ||
| 8 | Amherst H Wilder Foundation | 501(c)(3) | St Paul, MN | ||
| 9 | The Marine Mammal Center | 501(c)(3) | Sausalito, CA | ||
| 10 | Discovery Place | 501(c)(3) | Charlotte, NC | ||
| ... | and 21 more Principal not-for-profit tax-exempt clients identified by Cause IQ | ||||
Competitors to Principal in the nonprofit sector include Kibble and Prentice, Health Care Service Corporation, The Standard, Metlife Insurance Company, Prudential Insurance Company, Cigna Health and Life Insurance, Anthem, Prudential, Meritain Health, and Transamerica.
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