What is a trust in which a labor organization is interested?
“A trust in which a labor organization is interested” is defined in the LMRDA as a trust or other fund or organization • which was created or established by a labor organization, or one or more of the trustees or one or more members of the governing body of which is selected or appointed by a labor organization, and • a primary purpose of which is to provide benefits for the members of such labor organization or their beneficiaries. What kinds of entities may be trusts? Here are some examples of the kinds of entities that may be a trust in which a labor organization is interested: • Building corporations • Redevelopment corporations • Educational institutions • Joint employer/union training and apprenticeship funds • Job targeting funds Are there any exceptions to filing the Form T-1? Unions are not required to file a Form T-1 for an entity that is: • A political action committee, if publicly available reports on the committee are filed with appropriate federal or state agencies; • Any
