Board of Directors Minutes
Treasurer's Report


Minutes of the Alpaca Research Foundation Meeting

April 23, 2007 


The meeting was called to order at 9:15 pm. Present were: Abe Rosenbloom, Karen Baum, Allan Dewald, Michelle Ing, Lisa Williamson, Patricia Craven. Randy Larson and Pat Long joined later.

PRESIDENT’S REPORT
Plans are proceeding well with Dr. Ahmed Tibary, who will be the keynote ARF lecturer in Louisville, KY in May at the AOBA National Conference. Dr Claire Whitehead or Dr Jeff Lakritz should be present to demonstrate the camelid venapuncture model at AOBA National Conference.

SECRETARY’S REPORT
Patricia moved to approve the minutes as amended....Allan seconded. All present agreed.

TREASURER’S REPORT
Was postponed.

DEVELOPMENT COMMITTEE REPORT
$19,000 was raised in stud services at Breeders Edge Auction….1/3 will go to ARF.

DC committee to let affiliates know about projects in their area, giving them the opportunity to donate research funds to ARF.

MAF & LMRG UPDATE
We should receive CD with proposals from MAF. The next MAF meeting will be 22 & 23 June, 2007 in Boulder, CO.

ORVLA & SSLA joined LMRG.

FIBER RESEARCH
Patricia discussed some potential topics applicable to the alpaca industry. NC State had a fiber conference which demonstrated some potential ways to evaluate fiber. The RFP will be sent to textile colleges.

Randy joined the meeting.

ON-FARM RESEARCH

Abe lead the discussion on how to help assure proposals involving on the farm projects are properly implemented.

2007 GRANT PROPOSAL REQUESTS
Everyone should let Abe know three proposals they would like to review in detail. We will start the discussion next month.

Abe will contact Darby at ARI to offer our assistance in reviewing any proposals they receive.

Pat joined the meeting.

TREASURER’S REPORT
        383,103.09 beginning balance in the Grants account
        IN 4287.27 includes monthly payments for the auction animals
        21,930.00 EXPENSES
        365,460.36 END

        29,524.26 Beginning balance in the Administrative account
        170.15 EXPENSES
        29480.38 END

        1621.41 beginning balance in the Credit Card account
        IN 437.41
        58.01 EXPENSES
        2000.81END

Allan moved, Randy seconded, to approve the treasurer’s report. Passed.

The next meeting will be Monday, May 21, 2007 9:00pm EST.

Allan moved to adjourn the meeting. Pat seconded. The meeting was adjourned at 10:21pm.

Submitted by,
Karen Baum, Secretary
 

Treasurers report April meeting
15 March - 15 April 2007      
Grant      
         Beginning Balance     383,103.09
     
     
            Income      
     
               Interest earned     202.53
annual appeal letter     300.00
jan Sherrill      
D. gronaurer mem     500.00
2007 aoa donation animal     790.04
2006 a o a sale animal march and april   772.70
Sam Thurman mem     25.00
ARI member donations 1st qtr   1,697.00
     
total income     4,287.27
     
    Expenses      
Univ of Nebraska Kelling study   12,900.00
The Ohio State Lakritz 2n half meningeal 9,030.00
     
     
     
     
Total expenses     21,930.00
          Ending Balance     365,460.36
     
     
Administrative      
    Beginning Balance     29,524.26
        Income      
             Interest earned     126.27
     
total income     126.27
             Expenses      
      Teleconference     165.60
dev 3/19 114.46    
arf  3/14 51.14    
Dep of Treasury late filing penalty   4.55
     
     
     
     
total expenses     $170.15
     
     
           Ending balance     29,480.38
     
     
     
Credit card Account      
    beginning balance     1621.41
     deposits     437.41
fees     58.01
     
Ending Balance     2000.81

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