Minutes of the Alpaca Research Foundation Meeting
June 28, 2011

Present: Abe Rosenbloom, Allan Dewald, Lisa Williamson, Karen Baum, and Michelle Ing. The meeting was brought to order at 6:09 PM, PST.

President's Report: Abe urged everyone to complete the duality of interest and self assessment forms (on the web site) prior to the next meeting.

May Minutes: Karen suggested that meeting ending time of 7:18 PM be added. Pending that addition, she moved for approval, and Alan seconded it. Unanimously approved.

Treasurer's report: Abe reviewed the account balances. See the Treasurer's report for details. Karen moved to approve it. It was unanimously approved.

Development Committee: Patricia noted that the stud raffle generated $7,300 in donations.

MAF/LMRG Update: none at this time.

Meeting the Challenges of Genetic Improvement: Since the AOBA Educational Meeting was cancelled, the membership was urged to attend the Genetic Improvement Event. Currently there are approximately 100 registrants. Sponsorship is still being sought.

New Business:

Proposal Review: Four proposals were reviewed. One proposal review was postponed until next month.

Abe called for a motion to adjourn, and Karen seconded the motion. The meeting was ended at 6:51 PM, EST.

The next meeting is scheduled for Tuesday July 26, 2011.

Submitted by: Michelle Ing, Secretary

Treasurers Report for June 2011
1- 31 May 2011
Grant
Beginning Balance			301,224.60
Income
Interest earned		June	95.37
jan Sherrill			35.00
total income			130.37
Expenses
Total expenses			0.00
Ending Balance			301,354.97
Administrative
Beginning Balance			48,584.58
Income
Interest earned	June		0.16
total income			0.16
Expenses
premier global	teleconference		116.28
total expenses			116.28
Ending balance			$48,468.46
Credit card Account
beginning balance			4141.45
deposits	may		2,500
fees	may		65.02
Ending Balance			6576.43