ARF Board of Directors Meeting Minutes

Present: Abe Rosenbloom, Pat Long, Karen Baum, Patricia Craven, Randy Larson

Absent: Lisa Williamson, Michelle Ing

The meeting was called to order at 9:11 p.m. EDT.

President's Report: There was nothing new to report.

Secretary's Report August minutes were approved by Pat and seconded by Patricia.

Treasurer's Report: The report was discussed (see attachment for 1–31 August, 2014). Approved by Randy and seconded by Karen.

Development Committee Report: The Annual Appeal letter needs to go out soon. Someone needs to write an article summarizing the research projects.

MAF & LMRG Update: Pat will be going to a MAF meeting 15–18 October to review submitted proposals. LMRG met a week ago.

Camelid Health Initiative: No new information.

New Business:

There was discussion about shifting from a Private Foundation to a Public Charity. Pat will continue checking into this.

There was discussion of director’s terms. Patricia will update the website.

There was discussion about using a different conference call service which would be free. Patricia will look into it.

MAF proposals were reviewed.

The next meeting was scheduled for Monday, October 27, 2014, at 9:00 p.m. EDT.

Randy moved to adjourn the meeting, Pat seconded. The meeting was adjourned at 10:06 p.m. EDT.

Submitted by Karen Baum

Treasurer's Report for September 2014
1 – 31 August 2014
Grant
Beginning Balance		269,859.88
Income
Interest Earned	August	34.07
Donations	R Schultz	10.00
	Jan Sherrill	35.00
Transfer	From Credit Card Account	11,756.52
Total Income		11,835.59
Expenses
Tuffts	Eprinex Study	5,219.50
Total Expenses		5,219.50
Ending Balance		276,475.97
Administrative
Beginning Balance		34,255.64
Income
Interest Earned	August	6.52
Total Income		6.52
Expenses
PGI	Teleconference, August	26.36
Total Expenses		26.36
Ending Balance		34,235.80
Credit Card Account
Beginning Balance		11,756.52
Moved to Grant Account (Account Closed)		11,756.52
Ending Balance		0