ARF Board of Directors Meeting Minutes

May 12, 2014

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

The meeting was called to order at 6:15 p.m. PDT.

March Minutes: April minutes were prepared by Randy Larson, approved by Pat, and seconded by Michelle. Unanimous approval.

Treasurer's Report: Pat presented the report. For full details please see the treasurers report. Incorporation Alteration? No change at this time. Karen moved to approve and Patricia seconded. Unanimous approval.

Development Committee Report: Patricia presented the report. Tsulan has resigned.

New Business: The last three proposals were reviewed.

The next meeting was scheduled for June 16, 2014, at 6:00 p.m., PDT.

The meeting was adjourned at 7:05 p.m. PDT. Karen motioned to adjourn and Pat seconded.

Submitted by Randy Larson, Assistant Secretary

Treasurer's Report for May 2014

1 – 30 April 2014

Grant

Beginning Balance

252,153.75
Income
Interest EarnedApril10.81
DonationsR Schultz10.00
 Jan Sherrill35.00
 Alpaca Owners Association, Inc.6,634.00
 AOBA Check-off675.00
 Annual Appeal100.00
Grant RefundUSDA Neil Study6,000.00
Total Income13,464.81
Expenses
Total Expenses0.00

Ending Balance

265,618.56

Administrative

Beginning Balance

35,132.18
Income
Interest EarnedApril6.54
Total Income6.54
Expenses
PGITeleconference, April30.49
Total Expenses30.49

Ending Balance

35,108.23

Credit Card Account

Beginning Balance

 11,756.62

Ending Balance

11,756.52