Pension Fund

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Asbestos Workers Philadelphia

Patrick J. Eiding created the fund while serving as Business Manager and Financial Secretary of Local 14. The entity operates as a union defined benefit plan...

Asbestos Workers Philadelphia logo

Asbestos Workers Philadelphia

Patrick J. Eiding created the fund while serving as Business Manager and Financial Secretary of Local 14. The entity operates as a union defined benefit plan serving Philadelphia asbestos workers. The fund holds commercial real estate at 2014 Hornig Road and operates the Asbestos Workers Local 14 Federal Credit Union at 6513 Bustleton Avenue. It maintains membership in the AFL-CIO and the Philadelphia Building Trades Council. Philanthropic vehicles include the Mesothelioma Fund, the Scholarship and Education Fund, and the Tissue Bank Asbestos Research Charitable Trust. The fund lists Fox Chase Cancer Center among its co-investment recipients. No additional offices or professional headcount figures appear in available records. The structure ties investment and governance directly to Local 14 leadership and its labor federation relationships.

General information

Firm type

Pension Fund

Year founded

1959

AUM

216 (Altss estimate)

Location

Region

North America

Country

United States

City

Philadelphia

Corporate office

Philadelphia, United States

Principals

Patrick J. Eiding

Founder

Frequently asked questions

Who runs investment decisions at Asbestos Workers Philadelphia?

Patrick J. Eiding serves as founder and former Business Manager of Local 14. Decisions align with the union's governance structure.

Where does the underlying wealth come from?

Assets derive from contributions to the defined benefit plan for asbestos workers in Local 14.

Does Asbestos Workers Philadelphia maintain philanthropic structures?

Yes. It operates the Mesothelioma Fund, Scholarship and Education Fund, and Tissue Bank Asbestos Research Charitable Trust.

How is Asbestos Workers Philadelphia related to the Philadelphia Council AFL-CIO?

Local 14 participates as a member union. Patrick J. Eiding previously served as President of the Council.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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