ARF Board of Directors Meeting Minutes

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

Absent: Michelle Ing

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

President's Report: Self-assessment and duality of interest forms are due.

Secretary's Report July minutes were approved.

Treasurer's Report: The report was discussed. Moved Randy, seconded by Karen to approve the treasurer's report. Passed. There was discussion regarding the change to accepting Pay Pal payments. Discussion regarding tax structure and organization followed, we will wait to hear further guidance from our accountant. Pat has done significant research on the subject and encouraged other board members to seek additional guidance for the next meeting.

Development Committee Report: Patricia reported that RFPs are ready to go out for the next round of proposals.

MAF & LMRG Update: Pat reported that Morris Meeting is scheduled for October.

New Business: Abe led the final discussion on funding this year's proposals.

The next meeting was scheduled for Monday, September 22, 2014, at 9:00 p.m. EDT.

Karen moved to adjourn the meeting, Pat seconded with all in favor at 10:00 p.m. EDT.

Treasurer's Report for August 2014
1 – 31 July 2014
Grant
Beginning Balance		266,012.46
Income
Interest Earned	July	33.04
Donations	R Schultz	10.00
	Jan Sherrill	35.00
	AOA	2,769.38
	PayPal Donation	1000.00
Total Income		3,847.42
Expenses
Total Expenses		0.00
Ending Balance		269,859.88
Administrative
Beginning Balance		34,275.92
Income
Interest Earned	July	6.32
Total Income		6.32
Expenses
PGI	Teleconference, July	26.60
Total Expenses		26.60
Ending Balance		34,255.64
Credit Card Account
Beginning Balance		11,756.62
Ending Balance		11,756.52