The Downtown Presbyterian Church

2003 Church Corporation Report

THE DOWNTOWN PRESBYTERIAN CHURCH OF NASHVILLE

Receipts and Disbursements Statement

January 1, 2003 - December 31, 2003

Opening Balances (1/1/03):

SunTrust Bank Agency Account - Combined Principal & Income Balance	1,496,503.34¹
SunTrust Bank Cash Management Investment Account	20,801.89
Salomon Smith Barney Account	-0-
Undeposited Check	500.00
		$1,517,805.23

Principal Receipts During Period:

Christine Webb – balance of bequest	8,020.55
Alice Cobb bequest	25,000.00
Mary Harding Ragland bequest	5,000.00
Phillip P. Porch Jr., - gift of Humphreys Co. Lake Lot	11,000.00
		+ 49,020.55

Income Receipts During Period:

SunTrust Bank Agency Account

31,070.74

SunTrust Bank Cash Management

Investment Account – Interest

206.42

+ 31,277.16

Disbursements During Period:

SunTrust Bank – Agency Account Commissions and Fees	4,833.09
Distribution to general Church account of SunTrust Agency Account principal	103.62
Church Budget Expenses	60,000.00
Foreign Missions – Marguarette Thomas Trust	4,950.00
Distribution to general Church account of Salomon Smith Barney principal	73.51
Tennessee Secretary of State - Annual Report	20.00
AmSouth Bank - lock box rental	60.00
Humphreys Co. Register of Deeds – recording Porch deed	12.00
		- 70,052.22

Appreciation <Depreciation> in Value of Assets:

SunTrust Bank Agency Account	181,665.75
Salomon Smith Barney Account	73.51
		+ 181,739.26

Closing Balances (12/31/03):

SunTrust Bank Agency Account - Combined Principal & Income Balances	1,663,095.47²
SunTrust Bank – Cash Management Investment Account	35,694.51
Salomon Smith Barney Account	-0-
Lot – Humphreys Co., TN	11,000.00
		$1,709,789.98

NOTES

1^.Opening balance excludes Felicia G. Porter Trust administered by SunTrust which on 1/1/03 had an aggregate principal and income value of $104,737.00.

2^. Closing balance excludes Felicia G. Porter Trust administered by SunTrust which on 12/31/03 had an aggregate principal and income value of $113,489.20.