Board of Directors Minutes
Treasurer's Report


Minutes of the Alpaca Research Foundation Meeting

May 19, 2008 

 

Present were Allan Dewald, Abe Rosenbloom, Pat Long, Patricia Craven, Michelle Ing. Lisa Williamson, Karen Baum and Randy Larson were not present.

The meeting was called to order at 9:10 EDT.

Presidents Report: There was discussion on funded reports, and whether to extend deadlines for proposals.

April Minutes: Pat moved to approve April minutes. Allan seconded. Passed unanimously.

Treasurer’s report: Grant account beginning balance was $484,979.18. Interest earned for April was $263.48. Various donations, memorials and honorarium gave a total income to the grant account of $13,807.52 giving a final grant account balance of $498.786.70 Administrative account beginning balance of $35,341.21. Interest earned in April was $85.84, and total expenses were $2,104.58, giving a final balance of $33,322.47. The credit card account started at $4,642.87. April deposits totaled $4,886.00. April fees were $69.10, leaving an ending balance of $9,459.77. Allan moved to accept. Patricia seconded. All approved.

Development Committee: Patricia updated on the development committee review of Dr. Rutheann McCaslin’s powerpoint presentation in support of the Alpaca Research Foundation.

MAF & LMRG Update: Allan gave an update on MAF and LMRG. Proposals will be reviewed in June.

Salaries & Fringe Benefits were discussed as pertaining to the ARF grant proposal guidelines. ARF and MAF proposals were reviewed.

The next meeting will be on Tuesday June 17 at 9:00 EDT.

Abe moved to adjourn, Pat seconded.

The meeting was adjourned at 10:30 EDT.

 

Treasurers Report for May 2008
21 April-13 May      
Grant      
         Beginning Balance     484,979.18
     
            Income      
               Interest earned april   263.48
aoba member check off     5,114.00
2007 aia donation animal     790.04
Kentucky Alpaca assoc     7,640.00
     
total income     13,807.52
     
    Expenses      
     
Total expenses     0.00
          Ending Balance     498,786.70
     
Administrative      
    Beginning Balance     35,341.21
        Income      
             Interest earned april   85.84
     
total income     85.84
             Expenses      
     
Premiere Global      
dev 4/6 114.52 114.52
     
hobart office svcs web blast , mailing   305.00
Rachelle Black aoba conference reg   1,164.06
irs 2007 taxes   395.00
state of oregon corp fees   126.00
     
total expenses     $2,104.58
     
           Ending balance     33,322.47
     
Credit card Account      
    beginning balance     4642.87
     deposits april   $4,886.00
fees april   69.1
     
Ending Balance     9459.77


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