AI Summary
Fiat Lux Risk and Insurance Company is a nonprofit organization focused on providing insurance solutions for the University of California. With an operating budget of $642.8 million and total revenue of $621.3 million for the fiscal year 2024, its mission is to finance the university's self-insured retentions, purchase reinsurance, and issue bespoke insurance policies. The organization does not rely on a single funder for 50% or more of its revenue.
Mission Statement
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.
Cause Areas
1
Insurance
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is Fiat Lux Risk and Insurance Company’s budget?
In 2024, Fiat Lux Risk and Insurance Company reported an annual operating budget of around $642.8 million. More detailed financial information is available to registered users.
What causes does Fiat Lux Risk and Insurance Company support?
Fiat Lux Risk and Insurance Company supports work in Insurance.
Where does Fiat Lux Risk and Insurance Company operate?
Fiat Lux Risk and Insurance Company is headquartered in Washington, DC.