Board of Directors Minutes
Treasurer's Report


Minutes of the Alpaca Research Foundation Meeting

June 5, 2007 


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

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

PRESIDENT'S REPORT:
Two researchers were contacted with questions about their proposals. Self evaluations are due to Abe. Dave Belt would like articles from ARF. Lisa will write an article on anthelminthic resistance.

SECRETARY'S REPORT:
May minutes were approved by Allan and seconded by Randy. Passed unanimously.

TREASURER'S REPORT:
Grant account beginning balance was $374,866.86…income of $30,186.04 and expenses of $2,472.25 with ending balance $402,580.65. Administrative account beginning balance was $27,676.40 with no income but expenses of $100.00 resulting in an ending balance of $25,576.40. The credit card account started with $3,530.59 with no changes recorded.

Patricia approved with Allan as second. Passed.

DEVELOPMENT COMMITTEE REPORT:
Nothing new.

MAF & LMRG UPDATE:
LMRG will review the MAF proposals.

ARF SPONSORED SCIENTIFIC MEETING 2008:
Patricia discussed the idea. Warren Johnson suggested it could be with a genetics meeting. It would be aimed at genetic researchers.

The credit card account cost $789 to start, which was paid from the administrative account. There was an opening balance of $200 from the administrative account. Total donations have been $4683.00 with transaction fees of $523.77 resulting in $4,359.73 balance today. All donation money will be transferred to the grant account. We will take transaction fees from the administrative account so 100% of donations go to research.

Review of 2007 Grant Proposal Requests: Two ARF proposals were reviewed as well as the thirteen MAF camelid proposals.

The next meeting will be Tuesday, 17 July 2007 at 9pm EDT.

Pat moved to adjourn and Allan seconded.
The meeting was adjourned at 11:06 pm.

Submitted by,
Karen Baum, Secretary


Credit Card Report 6/5/07
Dates Covered 10/11/06-6/5/07

One time Set up Fees Paid from Admin Acct:
Paul Spade for website setup 480
Authorize.net for Acct setup 309

Bank Acct at Citizens E Bank
Opening Balance 200
(transfer from Admin acct)

Total Donations 4683.00
Transaction Fees 523.77
Ending Balance 6/05/07 4359.23

Raffle tickets charged to credit card: 13 suri +64 huacaya=77 at $50=$3850

Memorial Donations
Dave Gronauer (6)
Margaret Winslow
NorthBrook’s Moriah
High Flying Ace
In Appreciation of our Clients and Friends
Jodi Wever
Madera Gyuro
Sam Davis Thurman Jr
Joyeous Noel

How Heard About Us

15 Newsletter or Magazine
35 Internet
4 Brochure
4 Alpaca Show
2 veterinarian

Recommendation: Transfer 4159.23 to grant fund from credit card account leaving behind $200 to cover any fees. Then transfer the transaction fees ie 523.77 from the administrative to the grants acct. That way the total amount of donations, $4683 will go into the grant account.
 

Treasurers report April meeting
  16 may -2 june 2007      
Grant      
         Beginning Balance     374,866.86
     
            Income      
     
               Interest earned      
MAPACA     24,240.00
Website donations     125.00
Illinois alpaca breeders     5,031.00
2007 aoa donation animal     790.04
     
total income     30,186.04
     
    Expenses      
     
Oregon State University ling corona study final   2,472.25
     
Total expenses     2,472.25
          Ending Balance     402,580.65
     
Administrative      
    Beginning Balance     27,676.40
        Income      
             Interest earned      
     
total income      
             Expenses      
     
Hobert Office svcs web maint.   100.00
total expenses     $100.00
     
           Ending balance     27,576.40
     
Credit card Account      
    beginning balance     3530.59
     deposits      
fees      
     
Ending Balance     3530.59
     
No bank statements received prior to meeting, so no interest added and no change in credit card account since last meeting

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