Valic is a firm that provides investment management, administrative support, financial advisor, insurance, and commercial bank to nonprofit clients. They primarily provide their services regionally, with most clients in Florida, California, and Georgia (although they are present in other states as well).
Most Valic clients are hospitals, colleges, universities, and professional schools, outpatient health care practitioners and facilities, and elementary and secondary schools with revenues ranging from $19 million to $938 million.
| Name | Type | Location | |||
|---|---|---|---|---|---|
| 1 | Mayo Clinic | 501(c)(3) | Rochester, MN | ||
| 2 | Duke University | 501(c)(3) | Durham, NC | ||
| 3 | The Nemours Foundation | 501(c)(3) | Jacksonville, FL | ||
| 4 | Howard University | 501(c)(3) | Washington, DC | ||
| 5 | Hawken School | 501(c)(3) | Gates Mills, OH | ||
| 6 | Samaritan Healthcare and Hospice | 501(c)(3) | Mount Laurel, NJ | ||
| 7 | Emerson College | 501(c)(3) | Boston, MA | ||
| 8 | Step Up on Second Street | 501(c)(3) | Santa Monica, CA | ||
| 9 | Coram Deo Academy (CDA) | 501(c)(3) | Lewisville, TX | ||
| 10 | The Lambs Farm | 501(c)(3) | Libertyville, IL | ||
| ... | and 86 more Valic not-for-profit tax-exempt clients identified by Cause IQ | ||||
Competitors to Valic in the nonprofit sector include Minnesota Life Insurance Company, The Segal Company, Capfinancial Partners, LLC, Healthcare Community Securities Cor, Transamerica Retirement Solutions, Ubs Financial Services, Inc., JP Morgan Chase, Voya Retirement Insurance and Annuity Co., Principal, and Lincoln National Life Insurance.
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