CHAIRMAN’S MESSAGE
During the 2024 calendar year, the Construction Industry Advancement Fund (CIAF) and the Fund for Construction Industry for Advancement (FCIA) collectively funded more than $4.8 million in grants supporting a wide range of programs and projects sponsored by several highly respected, industry- related organizations. The two funds awarded over $91 million in grants since inception and through the end of 2024.
CIAF commenced operations on September 19, 1972, and FCIA on September 28, 1977. The Funds are established and operate under Trust Agreements adopted by 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 areas of Southern California in accordance with Collective Bargaining Agreements.These areas are Imperial, Inyo, Kern, Los Angeles, Mono, Orange, Riverside, Santa Barbara, San Bernardino, San Luis Obispo, and Ventura Counties. In the case of CIAF, contributions from the employers are 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:
- To study Building Codes, Regulations, and Laws affecting the construction industry.
- To recommend improvements, educating 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.
This report, which includes the 2024 Audited Financial Statements of Operations, provide the activities supported by CIAF and FCIA. The administrator and the Trustees monitor each grant’s continued quarterly funding progress and Financial Reports to certify that the funds are being utilized efficiently for its purposes. We trust that this report will be a source of satisfaction to all contributing contractors.
On behalf of the Trustees, we extend our sincere appreciation for your continued support.
Jaime Angus
Chairman
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