PIPE LINE INDUSTRY ADVANCEMENT FUND ("PLIAF OR "THE FUND") WAS FORMED TO ADVANCE THE BEST INTERESTS OF THE MAIN LINE PIPE LINE CONSTRUCTION INDUSTRY THROUGH GOOD PUBLIC RELATIONS, MARKET DEVELOPMENT, EDUCATION AND RESEARCH GRANTS, COLLECTIVE BARGAINING NEGOTIATIONS, PROMOTION OF INDUSTRY SAFETY, SCHOLARSHIPS, AND THE PROMOTION OF CONTRACTORS FOR THE CONSTRUCTION OF ALL MAIN LINE PIPE LINES.