ARF Board of Directors Meeting Minutes

March 25, 2019

Board of Directors

Abe Rosenbloom (President)
Shauna Brummet (Vice President)
Michelle Ing (Secretary)
Pat Long (Treasurer)
Karen Baum
Patricia Craven
Randy Larson

Maria Ferrer could not join.

The meeting was called to order at 9:16 p.m. PDT.

President’s Report

No report.

Secretary’s Report

January 14, 2019, minutes were approved by Patricia and seconded by Pat.

Treasurer’s Report

See attached report for December, 2018, and January and February, 2019. Motion to approve by Karen, and seconded by Patricia.

MAF & LMRG Update

Pat discussed a possible press release.

New Business

Pat and Randy spoke with a researcher from Australia.

There was discussion about producing an updated brochure.

New editor for Alpacas Magazine is Jared Johnston.

Some fund raising ideas were discussed. We changed from a private to a public foundation so we could receive matching funds from certain entities. We are in a five year transition period.

Meeting Wrap

The next meeting is scheduled for Monday, May 13, 2019, at 9:00 p.m. PDT. Pat moved to adjourn the meeting, Patricia seconded with all in favor at 9:57 p.m. PDT.

Submitted by Karen Baum

Treasurer's Report for March 2019
1 December 2018 – 28 February 2019

Grant

Beginning Balance

 253,527.19
Income
Interest EarnedDecember60.71
 January37.74
 February35.63
DonationsJan Sherrill255.00
 Mary Jaffe2,000.00
 Wisconsin Alpaca2,000.00
 Mary Jaffe match.01
 Grant Refund, Texas AM85.99
Total Income 4,475.08
Expenses
  Transfer interest 20183,077.53
Saskatoonduke81.00
Total Expenses 3,158.53

Ending Balance

 254,843.74

Administrative

Beginning Balance

 32,546.37
Income
Interest EarnedDecember6.29
 January277.07
 February10.97
 Transfer from Grant3,077.53
Total Income 3,371.86
Expenses
Total Expenses 0

Ending Balance

 35,918.23