UFCW Local 1500

UFCW Local 1500

UFCW Local 1500 established its pension fund to manage retirement assets for members of the United Food and Commercial Workers union local based in Westbury, New York. Robert Newell, Aly Waddy, and Joseph Waddy serve as the named trustees responsible for oversight of both the pension and welfare funds. The fund directs capital into secondary markets. Confirmed holdings include interests in American Core Realty commingled real estate funds and State of Israel Bonds. Geographic exposure centers on the United States with an additional allocation to Israel. No direct co-investments, fund-of-funds commitments, or primary venture activity appear in available records. The organization maintains two philanthropic vehicles, the Local 1500 Charity Fund and the UFCW Local 1500 Scholarship Trust Fund. It holds memberships in the New York City Central Labor Council and the Long Island Federation of Labor. No operational events from the last 24 months are documented in public sources. Governance rests with elected union officers who simultaneously serve as pension trustees, creating a direct link between labor leadership and asset decisions.