Board of Directors Minutes
Treasurer's Report


Minutes of the Alpaca Research Foundation Meeting

March 19, 2007 

The meeting was called to order at 9:04pm ET. Present were Michelle Ing, Lisa Williamson, Karen Baum, Patricia Craven, Abe Rosenbloom, Allan Dewald, Randy Larson & Pat Long.

President’s Report: Abe reported on a meeting at NC State on fiber at the textile college. There was discussion of the results of Angus McColl’s research (funded by ARF).

The minutes for February 2007 were approved by email.

The Treasurer’s Report was reviewed and discussed. Allan made a motion to approve the Treasurer’s report. Randy seconded. All approved.

Patricia discussed the stud raffle. Allan motioned that there be some reimbursement for volunteers who help with the stud raffle at the AOBA conference. Randy seconded. All approved.

MAF Update: Allan discussed some research results. “Development of a Quantitative Method of Assessing Insulin Sensitivity in Camelids” by Anna Firshman, PhD at Oregon State University is being fully funded for the first of two years by the Willamette Valley Llama Foundation = WVLF ($3000) and LANA ($9342).

LMRG Report: There has been interest to expand the board.

Annual ARF Lecture at AOBA by Dr. Tibary will be at 10:30am Saturday May 19, 2007 in Louisville, KY.

AOBA has decided to move the venue for the stud raffle drawing to the Gala Banquet rather than just before the AOBA auction, where it has been for the past 6 years. We voted to provide up to $600 to reimburse travel expenses for Rachelle Black, who is attending the AOBA conference for the sole purpose of selling raffle tickets and conducting the drawing of the winning ticket.

New business: There was discussion of a research proposal.

The next meeting will be April 23, 2007 9:00pm ET.

Allan moved to adjourn and Randy seconded. The meeting was adjourned at 10:09pm.
 

Treasurers report Feb meeting    
15 Feb -15 march 2007    
Grant    
         Beginning Balance   375,126.14
   
            Income    
   
               Interest earned   1,526.91
   
jan Sherrill   15.00
aoa 2007 sale downpayment   3,680.00
   
aoa 2007 sale   790.04
alpaca bean   635.00
calpaca   1,000.00
alpacas of Okalahoma   230.00
David Gronauer memorial   100.00
   
total income   7,976.95
   
    Expenses    
   
Total expenses   0.00
          Ending Balance   383,103.09
   
Administrative    
    Beginning Balance   29,928.30
        Income    
             Interest earned   111.73
   
total income   111.73
             Expenses    
      Teleconference   232.20
dev 1/17 80.95  
arf  1/08 151.25  
Teleconference   173.57
afr     2/19 157.53  
dev 2/21 16.04  
hobert office web update 110.00
   
total expenses   $515.77
   
   
           Ending balance   29,524.26
   
Credit card Account    
    beginning balance   1491.89
     deposits   185.38
fees   55.86
   
Ending Balance   1621.41


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