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, elementary and secondary schools, outpatient health care practitioners and facilities, and inpatient nursing, hospice, and rehabilitative care facilities with revenues ranging from $21 million to $429 million.
| Name | Type | Location | |||
|---|---|---|---|---|---|
| 1 | Mayo Clinic | 501(c)(3) | Rochester, MN | ||
| 2 | The Nemours Foundation | 501(c)(3) | Jacksonville, FL | ||
| 3 | Hawken School | 501(c)(3) | Gates Mills, OH | ||
| 4 | Samaritan Healthcare and Hospice | 501(c)(3) | Mount Laurel, NJ | ||
| 5 | Emerson College | 501(c)(3) | Boston, MA | ||
| 6 | Step Up on Second Street | 501(c)(3) | Santa Monica, CA | ||
| 7 | Coram Deo Academy (CDA) | 501(c)(3) | Lewisville, TX | ||
| 8 | The Lambs Farm | 501(c)(3) | Libertyville, IL | ||
| 9 | John Muir Health | 501(c)(3) | Walnut Creek, CA | ||
| 10 | Hospital for Special Surgery (HSS) | 501(c)(3) | New York, NY | ||
| ... | and 76 more Valic not-for-profit tax-exempt clients identified by Cause IQ | ||||
Competitors to Valic in the nonprofit sector include Massachusetts Mutual Life Insurance Co., Great West Life and Annuity Company, Variable Annuity Life Insurance Co., Empower Annuity Insurance Company, Vanguard Group, Inc., Principal Financial Group, Ubs Financial Services Inc, Ascensus, Morgan Stanley Smith Barney LLC, and Brighthouse Life Insurance Company.
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