Board of Directors Minutes
Treasurer's Report


Minutes of the Alpaca Research Foundation Meeting

May 21, 2007 


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

The meeting was called to order at 9:12pm EST.

PRESIDENT'S REPORT:
Everyone needs to fill out the self evaluation form and send to Abe. Tibary’s progesterone study is being done. ARF sponsored lectures by Tibary and Whitehead/Lakritz at the AOBA Conference were well received.

SECRETARY'S REPORT:
April minutes were approved by Patricia and seconded by Allan. Passed unanimously.

TREASURER'S REPORT:
Grant account 365,460.36 income 9,406.50 with ending balance 374,866.86. Administrative account beginning balance 29,480.38 with income of 113.87 and expenses of 1,917.85 and an ending balance of 27,676.40. The credit card account started with 2000.81 with deposits of 1,577.00 and fees of 47.22 and an ending balance of 3530.59.
Allan approved with Randy as second. Passed.

DEVELOPMENT COMMITTEE REPORT:
Rachelle Black did a good job with the stud raffle at AOBA. A trailer was donated for future fund raising.

MAF & LMRG UPDATE:
LMRG will review the proposals. ARF has also received the proposals as well. There was a MAF meeting last week. June 21 there will be a tribute to Mark Morris. Funding has been good for projects.

ARF Sponsored Scientific Meeting 2008: Patricia discussed the idea. Warren Johnson suggested it. This would help reduce redundant research. It could be in concert with another meeting. It would be aimed at researchers. Perhaps one of the major veterinary meetings would be good to disseminate information.

Review of 2007 Grant Proposal Requests: Four proposals were reviewed.

The next meeting will be Tuesday, 5 June 2007 at 9pm EST.

Randy moved to adjourn and Pat seconded.

The meeting was adjourned at 10:46 pm.

Submitted by,
Karen Baum, Secretary

Treasurers report April meeting
 15 April - 16 may 2007      
Grant      
         Beginning Balance     365,460.36
     
            Income      
     
               Interest earned     2,088.43
annual appeal letter     70.00
jan Sherrill      
Kentucky Alpaca Assoc     6,071.68
2007 aoa donation animal     790.04
2006 a o a sale animal may   386.35
     
total income     9,406.50
     
    Expenses      
     
Total expenses     0.00
          Ending Balance     374,866.86
     
Administrative      
    Beginning Balance     29,480.38
        Income      
             Interest earned     113.87
     
total income     113.87
             Expenses      
      Teleconference     161.57
dev 4/23 112.65    
arf  4/18 48.92    
Dep of Treasury 2006 income tax   162.00
JCS accounting tax prep   450.00
Postmaster mail box annual feee   68.00
Web Site Fees  ILR   30.00
State of Oregon state income tax    75.00
2007 AOBA Expense banner 371.28/black 600 971.28
total expenses     $1,917.85
     
           Ending balance     27,676.40
     
Credit card Account      
    beginning balance     2000.81
     deposits     $1,577.00
fees     47.22
     
Ending Balance     3530.59

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