IBEW Local 369 Joint Apprenticeship & Training Fund

IBEW Local 369 Joint Apprenticeship & Training Fund (Louisville) hired IFS as an Independent Fiduciary to assist the Fund in obtaining an individual prohibited transaction exemption from the U.S. Department of Labor regarding the purchase from IBEW Local 369 of a condominiumized unit to be constructed and used as a training facility. The Department granted an exemption in the spring, 2002.