The Construction Industry Advancement Fund (CIAF) and the Fund for Construction Industry for Advancement (FCIA) collectively funded more than $3.2 million in grants supporting a wide range of programs and projects sponsored by a number of highly respected, industry-related organizations. Through the end of 2015, CIAF has awarded grants in excess of $25 million; and FCIA in excess of $45 million, for a collective distribution of nearly $70 million.
CIAF commenced operations on September 19, 1972, and FCIA on September 28, 1977. The Funds are established and operate under Trust Agreements adopted by four sponsoring Associations: Associated General Contractors of California, Inc. (AGC); Building Industry Association of Southern California (BIA); Engineering Contractors Association (ECA); and the Southern California Contractors Association (SCCA).
CIAF and FCIA collect contributions from several hundred contractors in the eleven-county area of Southern California, comprised of Imperial, Inyo, Kern, Los Angeles, Mono, Orange, Riverside, Santa Barbara, San Bernardino, San Luis Obispo, and Ventura Counties in accordance with collective bargaining agreements. In the case of CIAF, contributions are received from employers through the United Brotherhood of Carpenters and Joiners of America. Affiliates of the Operative Plasterers and Cement Masons International Association, the International Union of Operating Engineers, the Laborers International Union of North America, and the International Brotherhood of Teamsters, Chauffeurs, Warehousemen and Helpers of America provide financing for FCIA.
The Funds promote, encourage and assist in financing activities for the following purposes: study of Building Codes, Regulations and Laws affecting the construction industry and recommend improvements; education and training of supervisory and managerial personnel of the industry; to promote cooperation among architects, engineers, public officials and contractors; to study and promote safety programs for the prevention of accidents and crime prevention; to assemble statistical information and conduct research for market development.
CIAF and FCIA supported activities are outlined in this report. Audited Financial Statements of 2015 operations are included. We trust that this report will be a source of satisfaction to all contributing contractors. Continued funding of each grant is monitored closely. Quarterly progress and financial reports are required. All reports are reviewed by the Administrator, and Trustees, certifying that the funds are being efficiently utilized for the purposes approved.
On behalf of the Trustees, we extend our sincere appreciation for your continued support.
Mark A. Thurman
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