BOD Meetings
ARF Board of Directors Meeting Minutes
Present: Abe Rosenbloom, Lisa Williamson, Michelle Ing, Pat Long, Karen Baum, Patricia Craven, Randy Larson
The meeting was called to order at 9:20 p.m. EDT.
President's Report: There was nothing new to report.
Secretary's Report September minutes were approved by Randy and seconded by Pat.
Treasurer's Report: The report was discussed (see attachment for 1–30 September, 2014). Approved by Karen and seconded by Randy.
Development Committee Report: The annual appeals letter/newsletter has been submitted to AOA to be sent out. An article summarizing the research projects will be sent out.
MAF & LMRG Update: Pat went to a MAF meeting 15–18 October to review submitted proposals. 87 Equine, 4 Camelid and 7 Fellowships proposals were approved by MAF, pending available funding. We have put $100,000 into MAF several years ago; this has grown to $167,226. We can take a 6% draw each year or we can designate projects to use it on. Pat proposed we put our 6% draw ($7,964) towards an alpaca project that MAF approved this year. We will reconsider and discuss it at our next meeting.
Camelid Health Initiative: No new information.
New Business:
- There was discussion about shifting from a Private Foundation to a Public Charity. Being a Public Charity is more suitable for ARF. This will allow matching funds from businesses or organizations. This will need to done by our accountants. Pat proposed that we move forward in converting ARF from a Private Foundation to a Public Charity, and to use our current accountants. Randy seconded. It passed unanimously.
- We discussed the frequency of meetings, and not having them every month unless there are specific items to review and/or discuss.
- Karen and Patricia will each contact someone who might be interested in being on the ARF board.
- There was discussion about another test for BVD, which would need to be validated in alpacas. Several Board members will check with virologists as to the potential applicability of this test.
- Patricia has updated the website.
- We used a different conference call service which is free.
The next meeting was scheduled for Monday, November 17, 2014, at 9:00 p.m. EST.
Pat moved to adjourn the meeting, Michelle seconded. The meeting was adjourned at 10:11 p.m. EDT.
Submitted by Karen Baum
Treasurer's Report for October 2014 | ||
1 – 30 September 2014 | ||
Grant | ||
Beginning Balance | 276,475.64 | |
| Income | ||
| Interest Earned | September | 39.83 |
| Donations | R Schultz | 10.00 |
| Jan Sherrill | 35.00 | |
| Rainy Day LLC | 250.00 | |
| Total Income | 334.83 | |
| Expenses | ||
| OSU | Tornquist anemia | 2,318.85 |
| Deakin University | Appleton final | 6,250.00 |
| Total Expenses | 8,568.85 | |
Ending Balance | 268,241.95 | |
Administrative | ||
Beginning Balance | 34,235.80 | |
| Income | ||
| Interest Earned | September | 7.65 |
| Total Income | 7.65 | |
| Expenses | ||
| PGI | Teleconference, September | 30.79 |
| RBC | reorder checks | 10.00 |
| Total Expenses | 40.79 | |
Ending Balance | 34,202.66 | |