The local 804 welfare trust fund was created in 1950, under an agreement and declaration of trust, as amended, between delivery and warehouse employees union, local 804 IBT (the union") and various employers. The union and the employers have entered into collective bargaining agreements requiring payments by the employers for the purpose of establishing a welfare program for the employers to provide welfare benefits for their employees and the employees of the union, and the employees of the local 804 welfare trust fund.