ILF BOARD MINUTES

International Lama Foundation Board of Directors
Annual Meeting
June 12, 2006
ILR Office Kalispell, MT

The ILF Board of Directors annual meeting was called to order by President, Kathi McKinney, at 10:30 AM, MDT. Present: Karen Baum, Kathi McKinney, Sally Rucker, Mark Smith, Sally Taylor and Jan Wassink, Registrar. No members were present.

Motion: Kathi McKinney. Approve minutes of last year's meeting. Second: Karen Baum. 5 Ayes.

Mark Smith, Treasurer, presented the treasurer's report. Total donations to ILF last year totaled $395.00.

Karen reported there were no research proposals presented that merited funding this year therefore the funds will remain in the ILF account. Karen will write an explanation of the function of ILF and how people can donate to the fund should they choose.

Motion: Sally Rucker. Adjourn the meting. Second: Karen Baum. 5 Ayes.

Meeting adjourned 10:45 AM, MST.

Respectfully submitted,
Sally Taylor
Secretary