ARF Board of Directors Meeting Minutes

April 21, 2014

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

The meeting was called to order at 9:08 p.m. EDT by President Abe Rosenbloom.

March Minutes: March minutes were discussed, Pat Long moved to approve minutes, Patricia Craven seconded, minutes were approved.

Treasurer's Report: Pat Long gave the Treasurers report and discussed budgeting for new proposals. Karen Baum moved to approve report, Patricia Craven seconded, the treasurer’s report was approved.

Development Committee Report: Patricia Craven discussed Development Committee matters, and announced that $2,300 was raised from the Stud Raffle. T-Shirt sales through AOA benefitted ARF a similar amount.

MAF & LMRG Update: Pat Long indicated that proposal deadlines are approaching, and we will review them in October.

New Business: Three full proposals to ARF were discussed.

The next meeting was scheduled for May 12, 2014, at 9:00 p.m., EDT.

Everyone moved to adjourn, Pat seconded, meeting was adjourned at approximately 9:50 p.m. EDT.

Submitted by Randy Larson, Assistant Secretary

Treasurer's Report for April 2014

1 – 31 March 2014

Grant

Beginning Balance

269,019.02
Income
Interest EarnedMarch57.75
DonationsR Schultz10.00
 Jan Sherrill35.00
 Hewlett Foundation8,000.00
 Virginia Alpaca Owners & Breeders Association (VAOBA)1,600.00
 Cars Helping Charities10.00
Total Income9,712.75
Expenses
Oregon State UniversityCebra2,030.02
University of SaskatchewanAdams24,548.00
Total Expenses26,578.02

Ending Balance

252,153.75

Administrative

Beginning Balance

35,156.24
Income
Interest EarnedMarch5.92
Total Income5.92
Expenses
PGITeleconference, March29.98
Total Expenses29.98

Ending Balance

35,132.18

Credit Card Account

Beginning Balance

 10,536.52
DepositMoved From Paypal1,200.00
DepositRefund From Credit Card20.00

Ending Balance

11,756.52