Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE MILES FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)5049 EDWARDS RANCH ROAD SUITE 280
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FORT WORTH, TX761094133
A Employer identification number

75-2739180
B Telephone number (see instructions)

(817) 293-5555
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$61,021,324J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 35,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 416,366 416,366  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,122,122
b Gross sales price for all assets on line 6a 7,284,285
7 Capital gain net income (from Part IV, line 2)... 1,128,683
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 1,425,592 2,170,971  
12 Total. Add lines 1 through 11........ 2,999,080 3,716,020  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 299,000 111,283   187,717
14 Other employee salaries and wages...... 373,380 138,967   234,413
15 Pension plans, employee benefits....... 92,837 37,371   55,466
16a Legal fees (attach schedule)......... Click to see attachment 129,250 76,340   52,909
b Accounting fees (attach schedule)....... Click to see attachment 90,376 48,969   41,407
c Other professional fees (attach schedule).... Click to see attachment 469,198 409,595   59,602
17 Interest............... 15,974 15,974   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 190,343 161,184   26,377
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 129,647 32,412   97,235
21 Travel, conferences, and meetings....... 32,332 10,517   21,815
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 99,374 66,555   32,819
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,921,711 1,109,167   809,760
25 Contributions, gifts, grants paid....... 1,988,085 1,988,085
26 Total expenses and disbursements. Add lines 24 and 25 3,909,796 1,109,167   2,797,845
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -910,716
b Net investment income (if negative, enter -0-) 2,606,853
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,319,906 122,240 122,240
2 Savings and temporary cash investments......... 794,356 311,721 311,721
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet9,589,404
Less: allowance for doubtful accounts bullet0 9,960,165 Click to see attachment9,589,404 9,589,404
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 464,314 Click to see attachment542,781 544,312
b Investments—corporate stock (attach schedule)....... 13,151,390 Click to see attachment13,658,717 16,912,109
c Investments—corporate bonds (attach schedule)....... 738,834 Click to see attachment255,077 258,741
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 25,817,257 Click to see attachment33,384,999 33,168,750
14 Land, buildings, and equipment: basis bullet384,462
Less: accumulated depreciation (attach schedule) bullet270,415 112,207 Click to see attachment114,047 114,047
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 52,358,429 57,978,986 61,021,324
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment6,367,832
23 Total liabilities (add lines 17 through 22)......... 0 6,367,832
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 52,358,429 51,611,154
29 Total net assets or fund balances (see instructions)..... 52,358,429 51,611,154
30 Total liabilities and net assets/fund balances (see instructions). 52,358,429 57,978,986
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
52,358,429
2
Enter amount from Part I, line 27a .....................
2
-910,716
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
163,441
4
Add lines 1, 2, and 3 ..........................
4
51,611,154
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
51,611,154
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES   2020-01-01 2020-12-31
b DISPOSED INTEREST IN HEARTLAND CAPITAL FUNDING LLC P 2011-06-08 2020-12-31
c FLOW THROUGH GAIN/LOSS FROM PARTNERSHIPS   2020-01-01 2020-12-31
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 7,110,985   6,155,602 955,383
b 117,205     117,205
c 56,095     56,095
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       955,383
b       117,205
c       56,095
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,128,683
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 36,235
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 36,235
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 36,235
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 80,315
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 80,315
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 44,080
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet44,080 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletTX
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.MILESFDN.ORG
    14
    The books are in care ofbulletGRANT COATES Telephone no.bullet (817) 293-5555

    Located atbullet5049 EDWARDS RANCH ROAD STE 280FORT WORTHTX ZIP+4bullet76109
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    C GRANT COATES CEO/DIRECTOR
    40.00     		269,000 43,523 0
    5049 EDWARDS RANCH ROAD SUITE 280
    FORT WORTH,TX76109
    JACK L BURDETT CHAIRMAN
    5.00     		15,000 0 0
    5049 EDWARDS RANCH ROAD SUITE 280
    FORT WORTH,TX76109
    SHERRY A WILSON DIRECTOR
    5.00     		15,000 0 0
    5049 EDWARDS RANCH ROAD SUITE 280
    FORT WORTH,TX76109
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    SARA REDINGTON DIRECTOR OF COMMUNIC
    40.00     		148,380 49,271 0
    5049 EDWARDS RANCH ROAD STE 280
    FORT WORTH,TX76109
    KATE WISNIEWSKI DIRECTOR OF PROGRAMS
    25.00     		92,500 0 0
    5049 EDWARDS RANCH ROAD STE 280
    FORT WORTH,TX76109
    TANNER HODGES FINANCIAL ANALYST
    40.00     		69,000 20,289 0
    5049 EDWARDS RANCH ROAD STE 280
    FORT WORTH,TX76109
    LAUREN JANCOSKI EXECUTIVE ASSISTANT
    40.00     		63,500 19,214 0
    5049 EDWARDS RANCH ROAD STE 280
    FORT WORTH,TX76109
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    MCR CAPITAL ADVISORS CORPORATION CFO/FINANCIAL SERVICES 144,700
    13601 PRESTON ROAD SUITE 417W
    DALLAS,TX75240
    BLACK RAIN LTD OIL AND GAS CONSULTING 99,625
    2201 LONG PRAIRIE RD STE 107-327
    FLOWER MOUND,TX75022
    MERRILL LYNCH INVESTMENT MANAGEMENT 89,068
    286 GRAND AVE SUITE 200
    SOUTHLAKE,TX76092
    JARED P HARRELL LEGAL SERVICES 71,500
    4710 121ST STREET
    LUBBOCK,TX79424
    MICHAEL BALL REALTY CORPORATION REALTY SERVICES 54,000
    513 MAIN ST STE 201
    FORT WORTH,TX76102
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    16,288,602
    b
    Average of monthly cash balances.......................
    1b
    901,290
    c
    Fair market value of all other assets (see instructions)................
    1c
    42,872,199
    d
    Total (add lines 1a, b, and c).........................
    1d
    60,062,091
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    60,062,091
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    900,931
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    59,161,160
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,958,058
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,958,058
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    36,235
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    36,235
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,921,823
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,921,823
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    2,921,823
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    2,797,845
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,797,845
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,797,845
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 2,921,823
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 1,788,529
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,797,845
    a Applied to 2019, but not more than line 2a 1,788,529
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 1,009,316
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		1,912,507
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ACADEMY 4
    1905 WEST BROADWAY AVENUE
    FORT WORTH,TX76102     		NONE PC 2020-2021 MENTORING PROGRAM 10,000
    ACE SCHOLARSHIPS
    201 EAST COLFAX AVENUE SUITE 302
    DENVER,CO80218     		NONE PC 2020 MISS VIRGINIA SPEAKER FEES 7,500
    ACE SCHOLARSHIPS
    201 EAST COLFAX AVENUE SUITE 302
    DENVER,CO80218     		NONE PC 2020 SCHOLARSHIP AND DEV. STAFF SUPPORT 125,000
    AVANCE INC
    2060 SINGLETON BOULEVARD SUITE 103
    DALLAS,TX75201     		NONE PC THE MILES FOUNDATION PEC FUNDING 22,000
    CAMP FIRE FIRST TEXAS
    2700 MEACHAM BLVD
    FORT WORTH,TX76137     		NONE PC GENERAL OPERATIONS 35,000
    CASA OF TARRANT COUNTY
    101 SUMMIT AVENUE SUITE 505
    FORT WORTH,TX76102     		NONE PC GENERAL OPERATIONS 5,000
    CENTER FOR TRANSFORMING LIVES
    512 W 4TH STREET
    FORT WORTH,TX76102     		NONE PC GENERAL OPERATIONS 15,000
    CHILD CARE ASSOCIATES
    3000 E BELKNAP STREET
    FORT WORTH,TX76111     		NONE PC GENERAL OPERATING ($100K) & EMPOWER SCHOOLS CONSULTING ($60K) 160,000
    COMMUNIO FOUNDATION
    5901 KINGSTOWNE VILLAGE PKWY SUITE
    102
    ALEXANDRIA,VA22315     		NONE PC YEAR 2 OF 3 PLEDGE FULFILLMENT 100,000
    COMMUNITIES FOUNDATION OF TEXAS INC
    5500 CARUTH HAVEN LANE
    DALLAS,TX75225     		NONE PC 2020 NORTH TEXAS GIVING DAY SUPPORT 5,000
    COMMUNITIES FOUNDATION OF TEXASEDUCATE TEXAS
    5500 CARUTH HAVEN LANCE
    DALLAS,TX75225     		NONE PC $5,000 PHILANTHROPY ADVOCATES MEMBERSHIP 5,000
    CRISTO REY FORT WORTH
    2633 ALTAMESA BLVD
    FORT WORTH,TX76133     		NONE PC GENERAL OPERATIONS 25,000
    FAMILIES EMPOWERED
    7447 HARWIN DRIVE SUITE 246
    HOUSTON,TX77036     		NONE PC SPED MICROGRANT PARENT RESOURCES 20,000
    FAMILY FIRST INC
    5509 W GRAY STREET SUITE 100
    TAMPA,FL33609     		NONE PC 2020-2021 PRO DAD EXPANSION 20,000
    FIRST3YEARS
    15851 DALLAS PARKWAY SUITE 106
    ADDISON,TX75001     		NONE PC INVOICE 1195: BABY DAY SPONSOR - FOOD DONOR 1,064
    FIRST3YEARS
    15851 DALLAS PARKWAY SUITE 106
    ADDISON,TX75001     		NONE PC GENERAL OPERATIONS 35,000
    FORT WORTH INDEPENDENT SCHOOL DISTRICT
    100 N UNIVERSITY SUITE 140C
    FORT WORTH,TX76107     		NONE GOV LEVELED NOVELS AT WESTCLIFF ELEMENTARY SCHOOL 6,000
    FORTRESS YOUTH DEVELOPMENT CENTER
    PO BOX 422
    FORT WORTH,TX76101     		NONE PC THE MILES FOUNDATION PEC FUNDING 7,500
    FORTRESS YOUTH DEVELOPMENT CENTER
    PO BOX 422
    FORT WORTH,TX76101     		NONE PC GENERAL OPERATIONS 15,000
    GREAT HEARTS TEXAS
    824 BROADWAY SUITE 101
    SAN ANTONIO,TX78215     		NONE PC 2020 PLEDGE FULFILLMENT 100,000
    IDEA PUBLIC SCHOOLS TARRANT COUNTY
    2833 CROCKETT STREET
    FORT WORTH,TX76107     		NONE PC 2020-2021 SOCIAL WORKER 50,000
    LENA POPE HOME INC
    3131 SANGUINET STREET
    FORT WORTH,TX76107     		NONE PC LENA POPE EARLY LEARNING CENTERS 15,000
    LET GROW INC
    228 PARK AVENUE S UNIT 77212
    NEW YORK,NY10003     		NONE PC NATIONAL MARKETING AND OUTREACH 25,000
    NEW DAY SERVICES
    6816 CAMP BOWIE BLVD W SUITE 112
    FORT WORTH,TX76116     		NONE PC 2020 REVJEN FUEL PARTICIPATION 7,500
    NORTH TEXAS COMMUNITY FOUNDATION
    777 MAIN STREET SUITE 2850
    FORT WORTH,TX76102     		NONE PC 2020 BEST PLACE 4 KIDS! SUPPORT 50,000
    NORTH TEXAS COMMUNITY FOUNDATION
    777 MAIN STREET SUITE 2850
    FORT WORTH,TX76102     		NONE PC 2020 EARLY LEARNING ALLIANCE FUNDING 52,700
    NORTH TEXAS COMMUNITY FOUNDATION
    777 MAIN STREET SUITE 2850
    FORT WORTH,TX76102     		NONE PC BEST PLACE FOR KIDS FUNDING 191,741
    NORTH TEXAS COMMUNITY FOUNDATION
    777 MAIN STREET SUITE 2850
    FORT WORTH,TX76102     		NONE PC 2020 BEST PLACE 4 KIDS! SUPPORT 35,000
    NORTH TEXAS COMMUNITY FOUNDATION
    777 MAIN STREET SUITE 2850
    FORT WORTH,TX76102     		NONE PC READ FORT WORTH OPERATIONAL SUPPORT 50,000
    PRESBYTERIAN NIGHT SHELTER
    2400 CYPRESS STREET
    FORT WORTH,TX76102     		NONE PC THE MILES FOUNDATION TUTOR FUNDING 20,000
    PROJECT TRANSFORMATION OF CENTRAL TEXAS
    3200 E ROSEDALE STREET
    FORT WORTH,TX76105     		NONE PC GENERAL OPERATIONS 30,000
    READING PARTNERS
    2910 SWISS AVENUE
    DALLAS,TX75204     		NONE PC GENERAL OPERATIONS 35,000
    RIVERTREE ACADEMY INC
    5439 BONNELL AVE
    FORT WORTH,TX76107     		NONE PC GENERAL OPERATIONS 25,000
    STAND TOGETHER FOUNDATION
    PO BOX 45911
    BALTIMORE,MD21297     		NONE PC 2020 SUPPORT OF RECIDIVIZ 5,000
    STAR SPONSORSHIP PROGRAM INC
    6707 BRENTWOOD STAIR ROAD SUITE 205
    FORT WORTH,TX76112     		NONE PC 2020 STRATEGIC PLANNING PHASES I-III 20,000
    STAR SPONSORSHIP PROGRAM INC
    6707 BRENTWOOD STAIR ROAD SUITE 205
    FORT WORTH,TX76112     		NONE PC 2020-2021 OPERATIONAL SUPPORT 13,000
    TARRANT TO AND THROUGH PARTNERSHIP
    777 MAIN STREET SUITE 2850
    FORT WORTH,TX76102     		NONE PC 2020 T3 SUPPORT 25,000
    TENEO NETWORK INC
    2606 W 8TH STREET
    AUSTIN,TX78703     		NONE PC CHIEF OF STAFF SUPPORT INSTALLMENT 2 OF 2 50,000
    TENEO NETWORK INC
    2606 W 8TH STREET
    AUSTIN,TX78703     		NONE PC DEVELOPMENT SALARY INSTALLMENT 1 OF 2 50,000
    TEXAS BOOK FESTIVAL
    1023 SPRINGDALE ROAD BUILDING 14
    SUITE B
    AUSTIN,TX78721     		NONE PC GENERAL OPERATIONS 10,000
    TEXAS CATHOLIC CONFERENCE OF BISHOPS
    PO BOX 13285
    AUSTIN,TX78711     		NONE PC GENERAL ASSEMBLY 2020 5,000
    TEXAS CHARTER SCHOOL ASSOCIATION
    3801 S CAPITAL OF TEXAS HWY SUITE
    330
    AUSTIN,TX78704     		NONE PC GENERAL OPERATIONS 50,000
    TEXAS PUBLIC POLICY FOUNDATION
    901 CONGRESS AVENUE
    AUSTIN,TX78701     		NONE PC SCHOOL CHOICE SUMMIT 2020 1,215
    TEXAS PUBLIC POLICY FOUNDATION
    901 CONGRESS AVENUE
    AUSTIN,TX78701     		NONE PC LLC, CONSERVATIVE LITIGATION, EDUCATION FREEDOM INITIATIVES 200,000
    THE CONCILIO
    650 FORT WORTH AVENUE SUITE 250
    DALLAS,TX75208     		NONE PC THE MILES FOUNDATION PEC FUNDING 51,250
    THE GATEHOUSE
    670 WESTPORT PARKWAY
    GRAPEVINE,TX76051     		NONE PC GENERAL OPERATIONS 25,000
    THE GEORGE W BUSH FOUNDATION
    2943 SMU BLVD
    DALLAS,TX75205     		NONE PC PLEDGE 2 OF 4, PRESIDENTIAL LEADERSHIP SCHOLARS 25,000
    THE PARENTING CENTER
    2928 WEST 5TH STREET
    FORT WORTH,TX76107     		NONE PC THE MILES FOUNDATION PEC FUNDING 23,699
    THE PHILANTHROPY ROUNDTABLE
    1120 20TH STREET NW SUITE 550 SOUTH
    WASHINGTON,DC20036     		NONE PC 2020 SUPPORT OF K-12 EDUCATION PROGRAMMING 25,000
    UNBOUND FORT WORTH
    5049 TRAIL LAKE DR
    FORT WORTH,TX76133     		NONE PC UNBOUND DROP-IN CENTER FOR TRAFFICKED YOUTH 15,000
    UNITED COMMUNITY CENTERS INC
    3900 MEADOWBROOK DRIVE SUITE 122
    FORT WORTH,TX76103     		NONE PC 2020 SUMMER HUB COORDINATION PAYMENT (PART I) 40,000
    UNITED COMMUNITY CENTERS INC
    3900 MEADOWBROOK DRIVE SUITE 122
    FORT WORTH,TX76103     		NONE PC ROAD TO READINESS SUMMER HUB COORDINATION PART II 12,916
    UNIVERSITY OF NORTH TEXAS AT DALLAS FOUNDATION
    7300 UNIVERSITY HILLS BOULEVARD
    DALLAS,TX75241     		NONE PC 2020 PIC SUPPORT - UPLIFT SCHOOL LEADER 10,000
    UNT HEALTH SCIENCE CENTER FOUNDATION
    3500 CAMP BOWIE BLVD EAD 802
    FORT WORTH,TX76107     		NONE PC 2020 PLEDGE FULFILLMENT 25,000
    Total .................................bullet 3a 1,988,085
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 416,366  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income..... 523000 166,272 15 2,170,971  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,122,122  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIP INCOME - UBI     		523000 -911,651      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -745,379 3,709,459 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,964,080
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    THE MILES FOUNDATION INC
     
    Employer identification number

    75-2739180
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    THE MILES FOUNDATION INC
          		Employer identification number
    75-2739180
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    MILES PRODUCTION LP
    5049 EDWARDS RANCH ROAD SUITE 280
     
    FORT WORTH, TX76109

    		$ 35,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    THE MILES FOUNDATION INC
          		Employer identification number

    75-2739180
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    THE MILES FOUNDATION INC
          		Employer identification number

    75-2739180
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING SERVICES 90,376 48,969   41,407

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Name of Bond End of Year Book Value End of Year Fair Market Value
    APPLE INC. 16,535 16,631
    AMAZON.COM INC 11,787 11,904
    AMERICAN EXPRESS CO 9,632 9,746
    BP CAPITAL MARKETS PLC 7,704 7,848
    CAPITAL ONE FINANCIAL CO 5,390 5,762
    CIGNA CORP 9,384 9,596
    CITIGROUP INC. 10,190 10,216
    COMCAST CORP COMPANY GUARNT 19,060 19,346
    CVS HEALTH CORP. 9,939 10,046
    ENTERPRISE PRODUCTS OPER COMPANY GUARNT 8,801 8,957
    FISERV INC. 6,673 6,851
    GOLDMAN SACHS GROUP INC. 10,263 10,281
    INTEL CORP 10,886 10,800
    JPMORGAN CHASE & CO 15,442 15,793
    KINDER MORGAN ENER PART COMPANY GUARNT 7,300 7,346
    MARSH & MCLENNAN COS INC 7,040 7,305
    MORGAN STANLEY 12,868 13,381
    NORTHROP GRUMMAN CORP 8,277 8,303
    ORACLE CORP 21,736 21,894
    US BANCORP 5,529 5,632
    VERIZON COMMUNICATIONS 10,684 10,838
    VISA INC 9,580 9,626
    WAL-MART STORES INC. 8,556 8,592
    WELLS FARGO & COMPANY 11,821 12,047

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE INC. SHS 30,491 40,931
    ADOBE INC. 19,830 53,013
    ALIBABA GROUP HOLDING LT 76,797 98,910
    ALLY FINL INC 59,786 77,240
    ALPHABET INC SHS CL C 61,915 152,414
    ALPHABET INC. SHS CL A 69,538 206,812
    ALTRIA GROUP INC. 24,733 21,935
    AMADEUS IT GROUP 34,544 41,628
    AMAZON COM INC. COM 177,449 381,061
    AMCOR PLC REG SHS 16,498 19,821
    ANALOG DEVICES INC.COM 24,206 32,944
    ANSELL LTD-SPON ADR 10,751 16,051
    ANTHEM INC 86,028 93,758
    APPLE INC. 134,948 447,563
    APPLIED MATERIAL INC 72,941 103,215
    ASML HLDG NV NY REG SHS 18,536 50,723
    ASSURANT INC 29,862 30,241
    ASTRAZENECA PLC SPND ADR 33,937 38,642
    AUTODESK INC. DEL PV$0.01 21,485 26,870
    AXALTA COATING SYSTEMS 59,651 70,461
    BAE SYS PLC SPN ADR 129,416 131,297
    BALL CORP COM 9,552 13,232
    BERKSHIRE HATHAWAY INC 115,327 145,846
    BIOGEN INC 51,833 39,667
    BLACKROCK ALLOCATION 488,663 493,917
    BLACKROCK FLOATING RATE 877,768 856,074
    BLACKROCK STRATEGIC 2,511,275 2,596,047
    BOSTON SCIENTIFIC CORP 29,661 30,845
    BP PLC SPON ADR 75,805 38,619
    BRISTOL-MYERS SQUIBB CO 55,025 55,083
    BRITISH AMN TOBACO SPADR 67,236 46,225
    CAPITAL ONE FINL 27,477 30,050
    CARRIER GLOBAL CORP REG 16,398 37,343
    CATALENT INC SHS 8,504 10,095
    CBRE GROUP INC 39,307 50,301
    CDK GLOBAL INC SHS 76,217 75,724
    CHEVRON CORP 88,497 63,675
    CIENA CORP 28,878 33,190
    CISCO SYSTEMS INC COM 106,910 131,699
    CITIZENS FINL GROUP INC 32,982 41,088
    COCA COLA COM 113,071 126,735
    COGNIZANT TECH SOLUTINS A 93,230 115,713
    COMCAST CORP NEW CL A 130,225 198,596
    CONOCOPHILLIPS 76,354 60,465
    CORTEVA INC REG SHS 88,054 124,795
    COSTAR GROUP INC COM 17,365 42,517
    COUPA SOFTWARE INC 9,409 12,540
    DBS GROUP HLDGS SPN ADR 23,634 27,606
    DEUTSCHE POST AG SHS 17,121 23,425
    DIAGEO PLC SPSD ADR NEW 13,676 15,722
    DOLLAR GENERAL CORP 25,765 46,056
    DOLLAR TREE INC 104,550 113,118
    DOMINOS PIZZA INC 6,566 9,970
    EATON CORP PLC 20,571 28,113
    FACEBOOK INC. 173,103 228,089
    FERGUSON NEWCO PLC SHS 20,420 20,563
    FERRARI NV 4,710 7,574
    FIDELITY NATL INFO SVCS 21,227 21,360
    FLEETCOR TECHNOLOGIES INC 71,768 76,938
    FORTIVE CORP 63,123 72,449
    FOX CORP REG SHS CL A 82,790 75,304
    GENERAL MOTORS CO 81,104 104,267
    GENUINE PARTS CO 18,059 19,082
    HASBRO INC COM 46,947 49,296
    HEINEKEN N V ADR 13,588 16,138
    HUMANA INC 64,057 67,695
    INTERCONTINENTAL 47,788 50,958
    INTL FLAVORS&FRAGRNC 10,747 10,557
    INTL PAPER CO 30,410 33,263
    INTUIT INC COM 26,049 44,442
    INTUITIVE SURGICAL INC 14,862 23,725
    ISHARES CORE S&P MID-CAP 427,281 556,189
    ISHARES CORE S&P SMALL 429,679 564,634
    ISHARES EDGE MSCI 1,006,206 1,066,133
    ISHARES EDGE MSCI 643,919 691,222
    ISHARES EDGE MSCI MIN 668,892 710,727
    JOHNSON & JOHNSON COM 16,723 19,200
    JPMORGAN CHASE & CO 58,835 118,810
    KEYSIGHT TECHNOLOGIES 13,844 20,210
    KONE OYJ 10,633 15,369
    KONINKL PHIL NV SH NEW 75,340 97,235
    LABORATORY CP AMER HLDGS 83,117 111,342
    LINDE PLC REG SHS 8,361 9,486
    LOCKHEED MARTIN CORP 52,340 49,697
    LOWE'S COMPANIES INC 60,299 91,009
    LVMH MOET HENNESSY ADR 5,754 9,230
    M&T BANK CORPORATION 37,146 35,517
    MARVELL TECHNOLOGY GROUP 24,436 25,909
    MASTERCARD INC 38,963 71,388
    MEDTRONIC PLC SHS 16,643 20,382
    MERCADOLIBRE INC 10,104 50,257
    MICROSOFT CORP 194,384 545,819
    MORGAN STANLEY 79,508 107,729
    NESTLE S A REP RG SH ADR 34,616 42,172
    NETFLIX COM INC 27,060 58,940
    NIKE INCL CL B 22,193 39,612
    NORFOLK SOURTHERN CORP 48,773 84,114
    NOVARTIS ADR 38,088 40,794
    NOVO NORDISK A S ADR 53,919 77,464
    NVIDIA 15,340 15,666
    NXP SEMICONDUCTORS N.V. 23,006 33,392
    O'REILLY AUTOMOTIVE INC 48,283 65,623
    OTIS WORLDWIDE CORP REG 67,538 94,097
    PAYCHEX INC 49,545 65,133
    PAYPAL HOLDINGS INC SHS 12,075 33,256
    PHILIP MORRIS INTL INC. 71,954 66,480
    PROCTER & GAMBLE CO 26,120 36,037
    PROGRESSIVE CRP OHIO 26,736 28,774
    PROLOGIS INC 6,025 7,773
    QUANTA SERVICES INC 50,460 111,055
    RAYMOND JAMES FINL INC 46,119 50,801
    RAYTHEON TECHNOLOGIES 20,393 26,244
    RECKITT BENCKISER GROUP 43,108 46,822
    REINSURANCE GROUP AMERICA 38,592 42,883
    RELX PLC 45,470 51,663
    RINGCENTRAL INC 22,481 28,802
    ROBERTHALF INTL INC COM 58,896 81,724
    ROPER TECHNOLOGIES INC 16,654 23,279
    ROSS STORES INC COM 53,933 77,862
    S&P GLOBAL INC 32,726 50,953
    SANOFI ADR 152,904 157,626
    SBA COMMUNICATIONS CORP 15,262 26,520
    SCHEIDER ELEC SE ADR 11,080 16,038
    SERVICENOW INC 19,032 54,493
    SHERWIN WILLIAMS 14,657 26,457
    SHOPIFY INC CL A 6,527 22,639
    SNAP INC CL A 15,695 45,514
    SONIC HEALTHCARE LTD SHS 10,173 14,762
    SYSCO CORPORATION 28,427 31,709
    TAIWAN S MANUFCTRING ADR 62,849 169,775
    TELUS CORP COM 63,231 68,944
    TEXAS INSTRUMENTS 46,841 67,129
    TJX COS INC NEW 16,689 22,604
    TRANSUNION 14,447 20,737
    TRUIST FINL CORP 24,589 32,065
    UNILEVER NV NY REG SHS 142,797 153,194
    UNITEDHEALTH GROUP INC 173,342 255,996
    UNTD OVERSEAS BK SPN ADR 21,560 19,955
    VISA INC CL A SHS 250,756 313,003
    VODAFONE GROUP PLC SHS 75,125 89,882
    VONTIER CORP 11,665 14,696
    WALMART INC 50,533 78,850
    WIX COM LTD 21,590 19,997
    ZOETIS INC 15,436 29,294

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    US Government Securities - End of Year Book Value:

    542,781
    US Government Securities - End of Year Fair Market Value:

    544,312
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    2912 W 6TH LLC AT COST 279,156 279,156
    4621 ROSS AVE, LP AT COST 7,655 7,655
    920 FOCH, LLC AT COST 190,833 190,833
    BCP VIII ACCESS FUND (OFFSHORE) LP TRANCHE B AT COST 20,000 20,000
    CB MINERALS AT COST 34,126 34,126
    COLT RECODE PARTNERS, LLC AT COST 499,901 499,901
    COLT SILVERBACK PARTNERS AT COST 499,914 499,914
    DOMINION BANCSHARES AT COST 500,000 500,000
    DOS RIOS PARTNERS, LP AT COST 2,129,630 2,129,630
    ESCALANTE KINGSMILL, LLC AT COST 178,476 178,476
    FOUNDANT TECHNOLOGIES HOLDINGS AT COST 999,998 999,998
    FUND I, A SERIES OF ESCONDIDO VENTURES, LP AT COST 285,922 285,922
    GSO RESCUE FINANCE FUND III (OFFSHORE) LP AT COST 193,125 151,582
    IDONATE, LLC AT COST 13,571 13,571
    IRONSIDE STRATEGIC OPPORTUNITIES FUND I, LP AT COST 266,045 266,045
    KOC DFW WEST INVESTORS, LP AT COST 641,034 641,034
    KOC ONE ARLINGTON INVESTORS, LP AT COST 280,800 280,800
    LEGACY VENTURE IX, LLC AT COST 1,110,300 1,110,300
    LEGACY VENTURE VIII, LLC AT COST 2,166,143 2,166,143
    LIFE PARTNERS, INC. AT COST 71,792 71,792
    LLCP STRUCTURED EQUITY AT COST 730,000 609,957
    MILES PRODUCTION, LP AT COST 1,901,521 1,901,521
    NRLP INVESTMENTS, LLC AT COST 298,634 298,634
    WWWBC AT COST 1 1
    OIL & GAS ROYALTIES NAVASOTA MINERALS AT COST 6,564,620 6,564,620
    BONANZA II AT COST 642,243 642,243
    OIL & GAS ROYALTY INTERESTS OH AT COST 355,016 355,016
    OIL & GAS ROYALTY INTERESTS TX AT COST 6,836,283 6,781,620
    PRP OXFORD CARROLLTON, LLC AT COST 1,675 1,675
    RCP ARGYLE 114 LTD AT COST 81,858 81,858
    ROYALTIES BONANZA II AT COST 1,604,500 1,604,500
    STP 17480 NDP, LP AT COST 518,808 518,808
    STRONG BLOCKS MILWAUKEE II, LLC AT COST 21,227 21,227
    TRUST VENTURES FUND I, LP AT COST 624,784 624,784
    TRUST VENTURES FUND II AT COST 654,538 654,538
    VALQUEST CONROE MARINAS LP AT COST 137,360 137,360
    VALQUEST PRINCETON 55 LP AT COST 47,122 47,122
    VHFW OAKBEND, LLC AT COST 426,776 426,776
    WTB HOLDING COMPANY LLC AT COST 1,569,612 1,569,612

    TY 2020 LandEtcSchedule2
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER EQUIPMENT 54,263 37,049 17,214  
    FURNITURE & FIXTURES 173,410 122,556 50,854  
    LEASEHOLD IMPROVEMENTS 156,790 110,810 45,980  


    TY 2020 LegalFeesSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 129,250 76,340   52,909


    TY 2020 OtherExpensesSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COMPUTER EXPENSES 24,306 7,184   17,122
    DUES, SUBSCRIPTIONS, & FEES 3,799 499   3,300
    INSURANCE EXPENSE 6,574 0   6,574
    BANK CHARGES 1,008 1,008   0
    LICENSES/PERMITS 935 768   167
    OTHER INVESTMENT EXPENSES 55,090 55,090   0
    IT EQUIPMENT/SOFTWARE 7,662 2,006   5,656


    TY 2020 OtherIncomeSchedule2
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OIL AND GAS ROYALTIES 2,166,938 2,166,938 2,166,938
    PARTNERSHIP INCOME - BOOK 166,272 0 166,272
    PARTNERSHIP INCOME - NII -588,860 -588,860 -588,860
    INTEREST ON NOTES RECEIVABLE 578,946 578,946 578,946
    OTHER INVESTMENT INCOME 12,649 12,649 12,649
    STATE UBI TAX REFUNDS 1,298 1,298 1,298
    PARTNERSHIP INCOME - UBI -911,651   -911,651


    TY 2020 OtherIncreasesSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Description Amount
    UNREALIZED GAIN/LOSS 163,441


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Description Beginning of Year - Book Value End of Year - Book Value
    MERRILL LYNCH LINE OF CREDIT 0 6,367,832


    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 OtherNotesLoansRcvblLongSch
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    NORTON AUTO GROUP NONE 500,000 500,000 2014-09 2020-09 INTEREST QUARTERLY, MONTHLY P&I BEG 10/25/18 (IN DEFAULT) 900.0000000000 % VEHICLES & LEASES WITH A TOTAL VALUE OF AT LEAST 150% WORKING CAPITAL CASH 500,000
    BRADLEY BIOPIC LLC NONE 200,000 243,600 2014-12 2018-12 QUARTERLY INTEREST, PRINCIPAL DUE AT MATURITY - FORECLOSED ON 12/2019 1500.0000000000 % ALL PROPERTY OF THE BORROWER PRODUCTION COSTS FOR A FILM ABOUT BRADLEY SNIDER CASH 200,000
    PUBLISHING CONCEPTS INC NONE 600,000 0 2015-12 2020-03 MONTHLY INTEREST ONLY TO 3/1/20 1353.1000000000 % PERSONAL GUARANTEE FROM OWNER WORKING CAPITAL CASH 600,000
    DELTA STRUCTURAL TECH NONE 2,000,000 2,000,000 2016-11 2019-11 MONTHLY INTEREST, PRINCIPAL DUE AT MATURITY (IN DEFAULT) 1200.0000000000 % ALL PROPERTY OF THE BORROWER, INCLUDING INSURANCE POLICIES WORKING CAPITAL CASH 2,000,000
    GATLIN HOLDINGS LLC NONE 500,000 0 2016-02 2019-03 MONTHLY INTEREST THRU 3/1/19; REMAINING P&I DUE AT MATURITY 800.0000000000 % PERSONAL GUARANTEE WORKING CAPITAL CASH 500,000
    TRINITY CONT-OFFICE NONE 1,080,000 750,338 2011-12 2022-01 MONTHLY P&I PAYMENTS, ALL UNPAID P&I DUE AT MATURITY 600.0000000000 % LOTS 5, 7, AND 8, BLOCK A, OF ARGYLE TOWN SQUARE MORTGAGED PROPERTY CASH 1,080,000
    US TRINITY HOLDINGS NONE 1,728,932 1,599,505 2016-03 2026-03 MONTHLY INTEREST PAYMENTS FROM 4/1/16 TO 3/1/19 700.0000000000 % REAL PROPERTY - VARSITY TRACT ACQUISITION OF MORTGAGED PROPERTY CASH 1,728,932
    DELTA STRUCTURAL TECH NONE 125,000 425,000 2017-12 2020-01 DUE AT MATURITY 1600.0000000000 % ALL PROPERTY OF BORROWER, INCLUDING INSURANCE POLICIES WORKING CAPITAL CASH 125,000
    DAGGETT LLC NONE 1,302,500 1,302,500 2018-12 2019-12 QUARTERLY INTEREST, PRINCIPAL DUE AT MATURITY 1200.0000000000 % EQUITY PLEDGES OF LLC MEMBERSHIP INTERESTS BY MEMBERS & PERSONAL GUARANTIES ACQUISITION OF REAL PROPERTY CASH 1,302,500
    ACTION ALIGNMENT LLC NONE 55,000 55,000 2018-07 2020-12 PRINCIPAL AND INTEREST DUE AT MATURITY 600.0000000000 % UNSECURED CONVERTIBLE PROMISSORY NOTE WORKING CAPITAL CASH 55,000
    ACTION ALIGNMENT LLC NONE 55,000 341,000 2018-12 2020-12 PRINCIPAL AND INTEREST DUE AT MATURITY 600.0000000000 % UNSECURED WITH WARRANTS WORKING CAPITAL CASH 55,000
    ESCALANTE BLEDSOE LLC NONE 168,750 425,329 2018-01 2022-12 MONTHLY PRINCIPAL AND INTEREST 800.0000000000 % SECOND LIEN DEED OF TRUST ON PROPERTY ACQUISITION OF REAL PROPERTY CASH 168,750
    NAVASOTA ROYALTY LP NONE 586,701 1,947,132 2019-09 2020-10 INTEREST DUE MONTHLY, PRINCIPAL DUE AT MATURITY 500.0000000000 % ALL ASSETS OF THE BORROWER WORKING CAPITAL CASH 586,701

    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OIL & GAS PROFESSIONAL FEES 146,458 146,458   0
    INVESTMENT MANAGEMENT FEES 89,068 89,068   0
    HUMAN RESOURCES 16,064 7,269   8,794
    TECHNOLOGY SERVICES 12,000 0   12,000
    PR/COMMUNICATIONS 13,408 0   13,408
    CFO/FINANCIAL CONSULITNG 105,800 105,800   0
    REAL PROPERTY INVESTMENT CONSULTING 54,000 54,000   0
    MISCELLANEOUS PROFESSIONAL FEES 32,400 7,000   25,400


    TY 2020 TaxesSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAXES 141,527 141,527   0
    FOREIGN TAXES 5,767 5,767   0
    PAYROLL TAXES 40,267 13,890   26,377
    INCOME TAXES 2,200 0   0
    STATE TAXES 582 0   0