Board of Directors Minutes
Treasurer's Report


Minutes of the Alpaca Research Foundation Meeting

July 17, 2007 


Present were Allan Dewald, Abe Rosenbloom, Michelle Ing, Karen Baum, Lisa Williamson, Randy Larson, Patricia Craven and Pat Long.

The meeting was called to order at 9:05pm EDT.

PRESIDENT'S REPORT:
Two researchers have been contacted for more information about their proposals.

SECRETARY'S REPORT:
June minutes were approved by Allan and seconded by Pat. Passed unanimously.

TREASURER'S REPORT:
Grant account beginning balance was $402,580.65 with income of $32,702.24 and expenses of $9,060.00 making an ending balance of $426,222.89. Administrative account beginning balance was $27,576.40 with income of $231.58 and expenses of $926.72 resulting in an ending balance of $26,881.26. The credit card account started with $3,530.59 with income of $901.27 and fees or transfer to the grant account of $4231.86 leaving a balance of $200.00. The credit card account has 100% of donations going to research, as are all donations.

Patricia approved with Karen as second. Passed unanimously.

DEVELOPMENT COMMITTEE REPORT:
Discussed raising funds for the camelid genetics conference. The website banner is available. There are three people who are willing to write investigator profiles. The donation letter will go to affiliates.

MAF & LMRG UPDATE:
Camelid Community will be the first weekend in August. The MAF proposals have been reviewed.
There will be an attempt to gain ideas from veterinarians for future research needs.

ARF SPONSORED SCIENTIFIC MEETING 2008:
Abe and Patricia discussed the progress of a meeting on camelid genetics. It would be aimed at genetic researchers and veterinarians to disperse information, encourage collaboration and minimize duplication of efforts. The goal is to have it in February 2008 in Florida, possibly at White Oak Plantation. There could be lectures and discussion groups.

ARI has received a number of research proposals requesting funding. We will review the proposals as requested.

Policies and Procedures were revised to clarify some points.
The Goals were kept as is. The Pre-Proposal application was reviewed.

Review of 2007 Grant Proposal Requests: Six ARF proposals were reviewed.

The next meetings will be on Mondays at 9:00 EDT on August 6 and August 27, 2007.

Karen and Randy moved to adjourn and Pat seconded.
The meeting was adjourned at 11:05 pm EDT.

Submitted by,
Karen Baum, Secretary

Treasurers report July 2007meeting
 2 june 2007-15 July 2007      
Grant      
         Beginning Balance     402,580.65
     
            Income      
     
               Interest earned may   1,717.11
              interest earned june   1,717.74
MAPACA     21,133.00
Credit card donations nov-june   4,159.23
Creidt card costs reimbursed  from admin account   523.77
2007 aoa donation animal july   790.04
Roxanne Hansen     25.00
2006 aoa donation animal june   386.35
2007 stud raffle     2,250.00
     
total income     32,702.24
     
    Expenses      
Univ. of Saskatchewan adams 2nd qtr   8,760.00
Clair Whitehead speakers fee   300.00
     
Total expenses     9,060.00
          Ending Balance     426,222.89
     
Administrative      
    Beginning Balance     27,576.40
        Income      
             Interest earned may   118.83
june   112.75
total income     231.58
             Expenses      
Premiere Global arf 6/27   203.20
Premiere Global     199.75
arf 5/21    169.5    
dev   5/23  30.25    
Transfer ot Grant cc fees   523.77
    926.72
total expenses      
     
     
           Ending balance     26,881.26
     
Credit card Account      
    beginning balance     3530.59
     deposits may   $901.27
fees may   32.11
june   40.52
transfer to grant account donations nov-may   4159.23
Ending Balance     200
     
This balance sheet represents May and June interest payments  

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