ARF Board of Directors Meeting Minutes

February 11, 2013

Present: Abe Rosenbloom, Lisa Williamson, Pat Long, Karen Baum, Patricia Craven. Michelle Ing had a birthday to celebrate.

The meeting was called to order at 9:07 p.m. EST.

Presidents Report: There was discussion of the wording in the grant submission form. Under “Intellectual Property” in our Policies and Procedures for research funding we state that “ARF is entitled to 0.5% of revenue realized from an ARF-funded project.” This was changed to “ARF has the right to request a percentage of revenues realized from an ARF-funded project.”

Secretary’s Report: January minutes were approved by Patricia and seconded by Pat. Passed unanimously.

Treasurer’s Report: The report was discussed (see attachment for 1–31 January, 2013). Approved by Patricia and seconded by Lisa. Passed. The 2012 summary and 2013 projected budget was reviewed.

Development Committee Report: Items needed for the AOBA conference were discussed. The ARF brochure will be updated. ARI has been very helpful in several aspects. This will be the 13th year for the Stud Raffle. Ideas for fund raising were discussed. The committee has been very active.

MAF & LMRG Update: No new activities. Pat Long is on the Board of Trustees of MAF.

Wishes for a Happy Birthday Michelle!

The next meeting will be on Monday at 9:00 p.m. EDT on March 18, 2013.

Pat moved to adjourn the meeting, Patricia seconded with all in favor at 9:46 p.m. EST.

Treasurer's Report for February 2013

1–31 January 2013


Beginning Balance

Interest EarnedJanuary0.65
DonationsMary Jaffe2,000.00
 Jan Sherrill35.00
 VA Alpaca Breeders900.00
 Sheryl Nee500.00
 Great Midwest Alpaca2,870.00
 Annual Appeal75.00
 ARI (Fourth Quarter)3,214.99
Total Income 9,645.64
 Transfer to Admin1,003.40
Total Expenses 1,003.40

Ending Balance



Beginning Balance

Interest EarnedJanuary0.23
 Transfer in from Grant1,003.40
Total Income 1,003.63
ILRweb main30.00
Total Expenses 479.86

Ending Balance


Credit Card Account

Beginning Balance


Ending Balance