Form990-PF
Click to see attachment
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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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
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$61,655,814J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 409,408 409,408  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 5,514,245
b Gross sales price for all assets on line 6a 35,722,876
7 Capital gain net income (from Part IV, line 2)... 5,514,329
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 3,745,107 3,759,598  
12 Total. Add lines 1 through 11........ 9,668,760 9,683,335  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 315,000 160,671   154,329
14 Other employee salaries and wages...... 584,880 298,329   286,551
15 Pension plans, employee benefits....... 102,040 40,093   61,947
16a Legal fees (attach schedule)......... Click to see attachment 108,832 73,880   34,952
b Accounting fees (attach schedule)....... Click to see attachment 90,634 41,227   49,407
c Other professional fees (attach schedule).... Click to see attachment 378,453 301,083   77,369
17 Interest............... 38,644 38,644   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 258,138 151,313   27,538
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 137,174 34,294   102,880
21 Travel, conferences, and meetings....... 62,067 23,410   38,658
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 380,842 333,077   47,765
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,456,704 1,496,021   881,396
25 Contributions, gifts, grants paid....... 2,340,501 2,340,501
26 Total expenses and disbursements. Add lines 24 and 25 4,797,205 1,496,021   3,221,897
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,871,555
b Net investment income (if negative, enter -0-) 8,187,314
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 122,240 1,100,377 1,100,377
2 Savings and temporary cash investments......... 311,721 567,963 567,963
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) bullet4,052,844
Less: allowance for doubtful accounts bullet0 9,589,404 Click to see attachment4,052,844 4,052,844
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 542,781 Click to see attachment1,783,406 1,785,442
b Investments—corporate stock (attach schedule)....... 14,158,631 Click to see attachment14,535,385 16,166,170
c Investments—corporate bonds (attach schedule)....... 255,077 Click to see attachment351,260 348,744
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 32,885,085 Click to see attachment37,451,295 37,468,582
14 Land, buildings, and equipment: basis bullet386,108
Less: accumulated depreciation (attach schedule) bullet270,415 114,047 Click to see attachment115,693 115,692
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment50,000 Click to see attachment50,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 57,978,986 60,008,223 61,655,814
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 attachment6,367,832 Click to see attachment3,489,012
23 Total liabilities (add lines 17 through 22)......... 6,367,832 3,489,012
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 51,611,154 56,519,211
29 Total net assets or fund balances (see instructions)..... 51,611,154 56,519,211
30 Total liabilities and net assets/fund balances (see instructions). 57,978,986 60,008,223
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
51,611,154
2
Enter amount from Part I, line 27a .....................
2
4,871,555
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
36,502
4
Add lines 1, 2, and 3 ..........................
4
56,519,211
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
56,519,211
Form 990-PF (2021)
Form 990-PF (2021)
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   2021-01-31 2021-12-31
b SALE OF O&G ROYALTY INTERESTS P 1950-01-01 2021-01-14
c DISPOSAL OF INTEREST IN HEARTLAND CAPITAL FUNDING P 2011-06-08 2021-12-31
d DISPOSAL OF INTEREST IN SILVER TREE REALTY FUND II LP P 2007-04-02 2021-12-31
e FLOW-THROUGH GAIN FROM PARTNERSHIPS P 2021-01-01 2021-12-31
UNCOLLECTIBLE NOTE - DELTA STRUCTURAL TECH P 2016-11-09 2021-12-31
UNCOLLECTIBLE NOTE - DELTA STRUCTURAL TECH P 2017-12-22 2021-12-31
UNCOLLECTIBLE NOTE - NORTON AUTO GROUP P 2014-09-25 2021-12-31
(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 24,240,830   20,447,264 3,793,566
b 8,000,000   6,836,283 1,163,717
c 649,632     649,632
d 4,688     4,688
e 2,827,726     2,827,726
    2,000,000 -2,000,000
    425,000 -425,000
    500,000 -500,000
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       3,793,566
b       1,163,717
c       649,632
d       4,688
e       2,827,726
      -2,000,000
      -425,000
      -500,000
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 5,514,329
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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........................... 3 113,804
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- ..... 5 113,804
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 110,080
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 47,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 157,080
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 43,276
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet43,276 RefundedBullet 11 0
Part VI-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 XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
    Yes
     
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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     		275,000 49,445 0
    5049 EDWARDS RANCH ROAD SUITE 280
    FORT WORTH,TX76109
    JACK L BURDETT CHAIRMAN
    5.00     		20,000 0 0
    5049 EDWARDS RANCH ROAD SUITE 280
    FORT WORTH,TX76109
    SHERRY A WILSON DIRECTOR
    5.00     		20,000 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     		151,380 56,260 0
    5049 EDWARDS RANCH ROAD STE 280
    FORT WORTH,TX76109
    TANNER HODGES FINANCIAL ANALYST
    40.00     		94,500 20,527 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
    LAUREN JANCOSKI EXECUTIVE ASSISTANT
    40.00     		69,000 19,782 0
    5049 EDWARDS RANCH ROAD STE 280
    FORT WORTH,TX76109
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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 144,000
    13601 PRESTON ROAD SUITE 417W
    DALLAS,TX75240
    MERRILL LYNCH INVESTMENT MANAGEMENT 109,940
    286 GRAND AVE SUITE 200
    SOUTHLAKE,TX76092
    JARED P HARRELL LEGAL SERVICES 80,520
    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 VIII-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 VIII-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 LOAN TO SECUNDA INC DBA JOB ECADEMY - SEE STMT 19 50,000
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet50,000
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    18,825,351
    b
    Average of monthly cash balances.......................
    1b
    2,018,845
    c
    Fair market value of all other assets (see instructions)................
    1c
    41,855,907
    d
    Total (add lines 1a, b, and c).........................
    1d
    62,700,103
    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
    62,700,103
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    940,502
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    61,759,601
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    3,087,980
    Part X
    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 IX, line 6..................
    1
    3,087,980
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    113,804
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    113,804
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,974,176
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,974,176
    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 XII, line 1 ...
    7
    2,974,176
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 2,974,176
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 1,912,507
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 3,271,897
    a Applied to 2020, but not more than line 2a 1,912,507
    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 2021 distributable amount..... 1,359,390
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		1,614,786
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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 (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    ALLIANCE FOR CHOICE IN EDUCATION
    1201 EAST COLFAX AVE SUITE 302
    DENVER,CO80218     		NONE PC SUPPORT FOR GENERAL SCHOLARSHIP FUND 50,000
    BASIS TEXAS CHARTER SCHOOLS
    404 E RAMSEY SUITE 106
    SAN ANTONIO,TX78216     		NONE PC GENERAL OPERATIONS - INSTALLMENT 1 25,000
    CAMP FIRE FIRST TEXAS
    2700 MEACHAM BLVD
    FORT WORTH,TX76137     		NONE PC GENERAL OPERATIONS 17,900
    CHILD CARE ASSOCIATES
    3000 E BELKNAP STREET
    FORT WORTH,TX76111     		NONE PC GENERAL OPERATING ($100K) & EMPOWER SCHOOLS CONSULTING ($60K) 75,000
    COMMUNIO FOUNDATION
    5901 KINGSTOWNE VILLAGE PKWY SUITE
    102
    ALEXANDRIA,VA22315     		NONE PC PART III OF III GENERAL OPERATING COMMITMENT 100,000
    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 15,000
    DONORS TRUST
    1800 DIAGONAL RD
    ALEXANDRIA,VA22314     		NONE PC 2021 CONTRIBUTION TO TRIO FUND 150,000
    DONORS TRUST
    1800 DIAGONAL RD
    ALEXANDRIA,VA22314     		NONE PC GENERAL OPERATIONS 100,000
    DONORS TRUST
    1800 DIAGONAL RD
    ALEXANDRIA,VA22314     		NONE PC THE GRANT COATES FAMILY FUND 35,000
    FAMILIES EMPOWERED
    7447 HARWIN DRIVE SUITE 246
    HOUSTON,TX77036     		NONE PC TARRANT COUNTY EXPANSION 91,000
    FAMILY FIRST INC
    5509 W GRAY STREET SUITE 100
    TAMPA,FL33609     		NONE PC GENERAL OPERATING 10,000
    FIRST3YEARS
    15851 DALLAS PARKWAY SUITE 106
    ADDISON,TX75001     		NONE PC GENERAL OPERATING 15,000
    GREAT HEARTS TEXAS
    824 BROADWAY SUITE 101
    SAN ANTONIO,TX78215     		NONE PC 2021 PLEDGE FULFILLMENT 100,000
    IDEA PUBLIC SCHOOLS TARRANT COUNTY
    2833 CROCKETT STREET
    FORT WORTH,TX76107     		NONE PC SUBSTITUTE TEACHER SUPPORT 35,000
    LENA POPE HOME INC
    3131 SANGUINET STREET
    FORT WORTH,TX76107     		NONE PC GENERAL OPERATIONS 15,000
    NEW DAY SERVICES
    6816 CAMP BOWIE BLVD W SUITE 112
    FORT WORTH,TX76116     		NONE PC 2021 PEC FULFILLMENT 7,500
    NORTH TEXAS COMMUNITY FOUNDATION
    777 MAIN STREET SUITE 2850
    FORT WORTH,TX76102     		NONE PC T3 FUND ($25K) & TMF COMMUNITY FUND ($75K) 100,000
    NORTH TEXAS COMMUNITY FOUNDATION
    777 MAIN STREET SUITE 2850
    FORT WORTH,TX76102     		NONE PC 2021 BEST PLACE 4 KIDS! SUPPORT 565,101
    NORTH TEXAS COMMUNITY FOUNDATION
    777 MAIN STREET SUITE 2850
    FORT WORTH,TX76102     		NONE PC READ FORT WORTH OPERATIONAL SUPPORT 50,000
    PRAGER UNIVERSITY FOUNDATION
    15021 VENTURA BOULEVARD NO 552
    SHERMAN OAKS,CA91403     		NONE PC GENERAL OPERATIONS 15,000
    PROJECT TRANSFORMATION OF CENTRAL TEXAS
    3200 E ROSEDALE STREET
    FORT WORTH,TX76105     		NONE PC GENERAL OPERATIONS 15,000
    READING PARTNERS
    2910 SWISS AVENUE
    DALLAS,TX75204     		NONE PC GENERAL OPERATIONS 15,000
    RIVERTREE ACADEMY INC
    5439 BONNELL AVE
    FORT WORTH,TX76107     		NONE PC GENERAL OPERATIONS 15,000
    SOUTHERN METHODIST UNIVERSITY
    3140 DYER ST MS261
    DALLAS,TX75275     		NONE PC 2021 UPLIFT EVALUATION 9,000
    STAND TOGETHER FOUNDATION
    PO BOX 45911
    BALTIMORE,MD21297     		NONE PC GENERAL OPERATIONS 200,000
    STAR SPONSORSHIP PROGRAM INC
    6707 BRENTWOOD STAIR ROAD SUITE 205
    FORT WORTH,TX76112     		NONE PC GENERAL OPERATIONS 20,000
    TENEO NETWORK INC
    2606 W 8TH STREET
    AUSTIN,TX78703     		NONE PC 2021 TENEO RETREAT SPONSORSHIP 10,000
    TENEO NETWORK INC
    2606 W 8TH STREET
    AUSTIN,TX78703     		NONE PC DEVELOPMENT SALARY INSTALLMENT 2 OF S 50,000
    TEXAS PUBLIC CHARTER SCHOOLS ASSOCIATION
    3801 S CAPITAL OF TX HWY SUITE 330
    AUSTIN,TX78704     		NONE PC GENERAL OPERATIONS 75,000
    TEXAS PUBLIC POLICY FOUNDATION
    901 CONGRESS AVENUE
    AUSTIN,TX78701     		NONE PC EDUCATION FREEDOM AND LITIGATION INITIATIVES 150,000
    THE GATEHOUSE
    670 WESTPORT PARKWAY
    GRAPEVINE,TX76051     		NONE PC GENERAL OPERATIONS 15,000
    THE GEORGE W BUSH FOUNDATION
    2943 SMU BLVD
    DALLAS,TX75205     		NONE PC 2021 PLEDGE FULFILLMENT 25,000
    THE LINCOLN NETWORK
    2443 FILLMORE ST 380-3386
    SAN FRANCISCO,CA94115     		NONE PC SCHOOLAHOOP 2021 100,000
    THE PHILANTHROPY ROUNDTABLE
    1120 20TH STREET NW SUITE 550 SOUTH
    WASHINGTON,DC20036     		NONE PC 2021 SUPPORT OF LIBERTY ACTION CIRCLE 25,000
    UNT HEALTH SCIENCE CENTER FOUNDATION
    3500 CAMP BOWIE BLVD EAD 802
    FORT WORTH,TX76107     		NONE PC 2021 PLEDGE FULFILLMENT 25,000
    UNIVERSITY OF NORTH TEXAS AT DALLAS
    7300 UNIVERSITY HILLS BLVD
    DALLAS,TX75241     		NONE GOV 2021 PIC SUPPORT 10,000
    PTA TEXAS CONGRESS
    4300 CLAY AVE
    FORT WORTH,TX76109     		NONE PC PANTHER 4 LIFE CAMPAIGN 5,000
    Total .................................bullet 3a 2,340,501
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ....          
    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 .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 5,514,245  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIP INCOME - UBI     		523000 -673,991      
    bSETTLEMENT PROCEEDS     01 49,750  
    cPARTNERSHIP INCOME - BOOK     15 164,999  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. -673,991 10,342,751 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    9,668,760
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING SERVICES 90,634 41,227   49,407

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

    TY 2021 GainLossSaleOtherAssetsSch
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    FLOW-THROUGH LOSS FROM PARTNERSHIPS UBI 2021-01 PURCHASED 2021-12       COST 0 -84  

    TY 2021 GeneralExplanationAttachment
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Identifier Return Reference Explanation
      PART II, LINE 15 - PROGRAM RELATED INVESTMENT EXPENDITURE RESPONSIBILITY THE MILES FOUNDATION ISSUED A CONVERTIBLE PROMISSORY NOTE TO SECUNDA INC, DBA JOB ECADEMY FOR WHICH IT EXERCISES EXPENDITURE RESPONSIBILITY IN ACCORDANCE WITH THE REQUIREMENTS OF SECTION 4945(H).NAME AND ADDRESS OF INVESTMENT:SECUNDA INC DBA JOB ECADEMY; 8 ADMIRAL DR SUITE 124, EMERYVILLE, CA 94608DATE AND AMOUNT OF INITIAL INVESTMENT:1/5/2021 $50,000LOAN TERMS:0.1% INTEREST PAID ANNUM; PRINCIPAL AND INTEREST DUE AT MATURITYSECURITY PROVIDED BY BORROWER:UNSECUREDBALANCE OF INVESTMENT AS OF 12/31/2021:$50,000PURPOSE OF INVESTMENT:THE PURPOSE OF THIS LOAN IS TO FURTHER THE MILES FOUNDATION'S EFFORTS INTO PROVIDING QUALITY SCHOOL OPTIONS AND ACCESS TO EDUCATIONAL RESOURCES. SPECIFICALLY, SECUNDA INC WILL USE THE FUNDS SOLELY FOR THE DEVELOPMENT OF AN EDUCATION PLATFORM TO PROVIDE EDUCATIONAL RESOURCES OUTSIDE THE TRADITIONAL EDUCATION SYSTEM INCLUDING RESEARCH, PATENTING, LICENSING, CONSULTING, LEGAL AND OTHER GENERAL EXPENSES NEEDED IN RELATION TO SAME.DATE(S) OF REPORTS BY INVESTEE:12/29/21ANY DIVERSION OF FUNDS BY INVESTEE:NORESULTS OF VERIFICATION:THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OF THE REPORTS. NO INDEPENDENT VERIFICATION OF THE REPORT HAS BEEN MADE.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMAZON.COM INC 10,732 10,670
    CITIGROUP INC. 33,034 32,545
    COMCAST CORP COMPANY GUARNT 33,015 32,948
    CVS HEALTH CORP. 32,726 32,567
    ENTERPRISE PRODUCTS OPER COMPANY GUARNT 22,122 22,151
    GOLDMAN SACHS GROUP INC. 55,198 55,093
    JPMORGAN CHASE & CO 43,573 43,162
    MORGAN STANLEY 21,827 21,576
    SHELL INTERNATIONAL FIN 32,720 32,450
    VERIZON COMMUNICATIONS 32,584 32,235
    WELLS FARGO & COMPANY 33,729 33,347

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Name of Stock End of Year Book Value End of Year Fair Market Value
    10X GENOMICS INC REG SHS 8,750 6,703
    1LIFE HEALTHCARE INC REG 18,210 7,959
    ABB LTD 59,997 68,133
    ABBOTT LABS 50,311 58,266
    ABIOMED INC 11,590 11,853
    ACADEMY SPORTS AND OUTDOORS INC 4,576 4,171
    ACCENTURE PLC SHS 38,929 48,917
    ACUITY BRANDS INC 7,127 8,469
    ADAPTIVE BIOTCHNLGS CORP 2,975 1,936
    ADVANCED ENERGY INDS INC 8,912 6,921
    AERCAP HOLDINGS N.V. SHS 1,943 2,159
    AFFIRM HOLDINGS INC REG 2,667 4,927
    ALAMOS GOLD INC SHS A 2,832 2,530
    ALBANY INTL CRP NEW CL A 7,345 7,341
    ALEXANDRIA REAL EST EQTS 6,104 7,581
    ALIBABA GROUP HOLDING LT 104,747 57,376
    ALIGN TECH INC DEL COM 14,267 15,115
    ALPHABET INC SHS CL C 54,333 164,935
    ALPHABET INC. SHS CL A 133,500 338,954
    ALTAIR ENGR INC 5,342 6,108
    AMAZON COM INC. COM 321,884 423,461
    AMERICOLD RLTY TR 5,052 4,230
    AMGEN INC 33,243 29,021
    ANTHEM INC 18,880 32,911
    AON PLC REG SHS 41,566 46,887
    API GROUP CORP REG SHS 4,543 5,541
    APPIAN CORP CL A 3,752 1,891
    APPLE INC. 113,797 223,383
    ARES MGMT CORP REG S 4,656 6,827
    ARMSTRONG WORLD INDS INC 6,083 6,967
    ARRAY TECHNOLOGIES INC 5,731 4,142
    ASCENDIS PHARMA A/S ADR 3,835 3,901
    ASML HLDG NV NY REG SHS 37,839 41,399
    ASTRA SPACE INC 1,768 1,192
    ASTRAZENECA PLC SPND ADR 64,108 66,289
    ATLASSIAN CORP PLC 20,776 28,597
    ATMOS ENERGY CORP 5,916 5,972
    AUTODESK INC. DEL PV$0.01 171,528 165,902
    AUTOMATIC DATA PROC 26,707 33,535
    AVIDXCHANGE HLDGS INC 2,356 1,431
    AVNET INC 7,915 7,380
    AXON ENTERPRISE INC 9,242 9,420
    AZEK CO INC 4,498 4,208
    BANDWIDTH INC CL A 10,879 5,669
    BANK OF NOVA SCOTIA 107,235 117,858
    BARCLAYS PLC 32,647 32,892
    BILL COM HLDG INC 5,478 8,720
    BIO TECHNE CORP COM STK 5,638 6,725
    BIOHAVEN PHARMACEUTICAL 7,800 14,332
    BLACK KNIGHT HOLDCO CORP 7,424 8,538
    BLACKROCK INC 139,657 154,730
    BLOCK INC 13,063 8,560
    BLUEPRINT MEDICINES CORP 4,681 5,141
    BOEING COMPANY 197,758 173,337
    BORG WARNER INC 4,795 4,237
    BRISTOL-MYERS SQUIBB CO 67,248 64,033
    BROADCOM INC 122,595 175,003
    BRUNSWICK CORP 6,516 6,245
    BUILDERS FIRSTSOURCE INC 6,640 11,657
    CABOT CORP 4,579 4,608
    CACI INTL INC CL A 6,896 7,269
    CACTUS INC CL A 6,579 7,893
    CADENCE BANK REG SHS 5,322 5,541
    CALIX NETWORKS INC 4,249 7,437
    CALLAWAY GOLF CO DEL COM 4,178 3,896
    CANADIAN PACIFIC RAILWAY 36,072 35,107
    CAPITAL ONE FINL 42,336 45,268
    CARDLYTICS INC COME 4,134 2,974
    CARRIER GLOBAL CORP REG 44,719 52,884
    CBRE GROUP INC 5,419 12,370
    CHARLES RIVER LABS INTL 18,130 20,346
    CHEVRON CORP 113,051 126,855
    CISCO SYSTEMS INC COM 98,249 141,569
    CITIGROUP INC. COM NEW 67,347 58,035
    CLARIVATE PLC 9,188 8,326
    CMC MATERIALS INC 9,619 10,543
    CNX RES CORP 5,204 5,198
    COGNEX CORP 3,258 2,955
    COLFAX CORP 8,513 8,642
    COLGATE PALMOLIVE 47,282 50,607
    COMCAST CORP NEW CL A 61,138 59,742
    COMERICA INC 6,041 7,482
    CONMED CORP 8,549 9,073
    CONOCOPHILLIPS 55,147 65,179
    CONSTELLIUM SE ACT 5,112 5,803
    COSTAR GROUP INC COM 2,158 4,742
    COSTCO WHOLESALE CRP DEL 61,796 84,587
    CRACKER BAREL OLD COUNTR 6,323 4,760
    CROWN CASTLE REIT INC 66,421 73,894
    CSW INDUSTRIALS INC SHS 5,480 4,834
    CSX CORP 38,766 42,375
    CULLEN FRST BKRS PV 7,304 7,942
    CURTISS WRIGHT 4,388 4,853
    D R HORTON INC 5,811 6,399
    DANAHER CORP DEL 92,610 109,560
    DARDEN RESTAURANTS INC 5,036 5,272
    DARLING INGREDIENTS INC 10,167 9,770
    DEERE CO 208,871 189,961
    DENALI THERAPEUTICS INC 3,137 2,721
    DEXCOM INC 12,073 15,572
    DIAGEO PLC SPSD ADR NEW 61,809 77,930
    DIAMONDBACK ENERGY INC 12,181 17,256
    DIGI INTL INC 4,188 5,258
    DISNEY (WALT) CO COM STK 234,602 204,919
    DOCUSIGN INC 4,950 3,351
    DRAFTKINGS INC 8,012 3,983
    EAGLE MATERIALS INC 7,106 8,157
    EASTGROUP PROPERTIES INC 5,596 8,203
    EASTMAN CHEMICAL CO 6,025 6,408
    EATON CORP PLC 105,075 122,184
    ELI LILLY & CO 29,832 43,643
    EMERGENT BIOSOLUTIONS 4,287 2,999
    EMERSON ELEC CO 81,334 81,628
    ENTEGRIS INC MINNESOTA 10,416 12,749
    ENTERGY CORP NEW 133,808 140,475
    EQT CORP 9,094 10,665
    EQUINOR ASA 60,789 68,748
    EQUITY RESIDENTIAL 50,016 57,106
    EURONET WORLDWIDE INC 10,953 8,699
    EUROPEAN WAX CENTER INC 1,739 1,942
    EVERBRIDGE INC 9,647 4,578
    EXPEDIA GROUP INC 45,323 49,517
    EXPEDITORS INTL WASH INC 77,450 93,600
    EXXON MOBIL CORP 146,740 141,594
    FACEBOOK INC. (META PLATFORMS INC) 156,761 237,463
    FACTSET RESH SYS INC 49,871 69,499
    FARFETCH LTD 5,828 4,212
    FERRARI NV 37,991 35,976
    FIFTH THIRD BANCORP 107,284 121,722
    FIRSTCASH HLDGS INC 5,773 6,060
    FIRSTSVC CORP REG SHS 5,539 6,484
    FIVE BELOW INC 6,864 7,241
    FLEX LTD 8,807 8,835
    FLUOR CORP NEW DEL 3,631 4,186
    FORD MOTOR CO 28,157 42,724
    FRESHPET INC SHS 14,771 9,813
    FTI CONSULTING INC 4,187 4,449
    GARMIN LTD 29,454 26,962
    GATX CORPORATION 6,277 6,772
    GRACO INC 4,899 5,079
    GROCERY OUTLET HLDG CORP 11,317 9,304
    HDFC BANK LTD 65,237 58,238
    HEARTLAND FINANCIAL USA 7,532 7,490
    HEWLETT PACKARD 78,431 75,239
    HEXCEL CORP NEW COM 5,662 5,128
    HILTON WORLDWIDE 26,954 33,070
    HOLLYFROUNTIER CORP 6,224 5,966
    HOME DEPOT INC 122,071 156,459
    HONEYWELL INTL INC DEL 77,853 72,144
    HORIZON THEAPEUTICS 20,807 23,707
    HUBSPOT INC 17,489 20,434
    HUNTINGTON INGALLS INDS 5,983 5,415
    ILLUMINA INC 95,509 88,643
    INSULET CORP 7,403 6,652
    INTL PAPER CO 18,237 14,235
    INTUITIVE SURGICAL INC 41,349 57,129
    IOVANCE BIOTHERAPEUTICS 4,524 3,093
    ITT INC SHS 7,479 8,073
    JOHNSON & JOHNSON COM 72,742 75,100
    JPMORGAN CHASE & CO 133,387 181,311
    KEYCORP NEW 5,354 5,921
    KINDER MORGAN INC DEL 86,989 81,996
    KIRBY CORP 6,978 6,774
    KORNIT DIGITAL LTD 4,320 6,395
    KYMERA THERAPEUTICS INC 3,036 3,048
    L3HARRIS TECHNOLOGIES 67,295 63,119
    LESLIES INC 6,706 7,074
    LIBERTY MEDIA CORP 5,839 7,779
    LINDE PLC REG SHS 70,165 80,718
    LIVE NATION ENT INC 5,483 8,019
    LPL FINANCIAL HOLDINGS 9,490 9,926
    LULULEMON ATHLETICA INC 41,882 40,319
    LUMENTUM HOLDINGS INC 8,665 9,731
    LYFT INC REG SHS 26,084 19,314
    MAGNA INTL INC CL A VTG 72,022 59,653
    MAGNITE INC 4,722 2,450
    MARVELL TECHNOLOGY GROUP 83,838 137,884
    MASCO CORP 13,852 15,027
    MCDONALDS CORP 36,385 41,551
    MEDICAL PPTYS TR INC 3,674 3,828
    MEDPACE HLDGS INC 7,270 8,270
    MEDTRONIC PLC SHS 189,055 151,968
    MEMBERSHIP COLLECTIVE 4,585 4,447
    MERCADOLIBRE INC 61,200 48,542
    MERCURY SYSTEMS INC 10,383 7,929
    MERITAGE HOMES CORP 4,446 5,737
    MICROCHIP TECHNOLOGY INC 45,936 50,321
    MICROSOFT CORP 240,445 533,404
    MONSTER BEVERAGES SHS 130,030 126,293
    MOOG INC CL A 5,231 5,020
    MORNINGSTAR INC 6,155 8,550
    MURPHY OIL CORP 4,855 7,885
    NATERA INC SHS 11,862 10,180
    NATIONAL GRID PLC SHS 44,960 50,335
    NATIONAL VISION HLDGS 6,812 6,479
    NCINO INC REG SHS 4,347 3,401
    NEOGEN CORP 5,857 5,495
    NEOGENOMICS INC 5,698 3,821
    NEUROCRINE BIOSCNCE INC 6,694 5,877
    NEVRO CORP SHS 4,142 2,027
    NEWMARK GROUP INC CL A 5,228 8,770
    NEXSTAR MEDIA GROUP INC 6,918 6,794
    NEXTERA ENERGY INC SHS 50,102 60,030
    NLIGHT INC REG SHS 3,535 2,730
    NORWEGIAN CRUISE LINE 5,211 3,630
    NOV INC 5,128 5,217
    NOVARTIS ADR 105,788 104,964
    NOVO NORDISK A S ADR 50,947 84,336
    NUTANIX INC 4,012 4,301
    NUTRIEN LTD REG SHS 174,567 218,230
    NVIDIA 159,979 288,816
    NXP SEMICONDUCTORS N.V. 26,348 27,106
    OLLIES BARGAIN OUTLET 6,299 3,174
    OMNICELL INC 6,738 8,661
    ORACLE CORP 156,079 179,042
    OUTSET MED INC 3,099 2,719
    PALOMAR HOLDINGS INC REG 8,598 7,643
    PARKER HANNIFIN CORP 62,116 63,306
    PAYLOCITY HLDG CORP 3,582 3,779
    PEBBLEBROOK HOTEL TRUST 7,962 7,226
    PELOTON INTERACTIVE INC 27,629 13,446
    PEPSICO INC 35,189 41,864
    PERFICIENT INC 3,831 7,370
    PLANET FITNESS INC CL A 20,952 23,098
    POOL CORPORATION 7,135 9,622
    POWER INTEGRATIONS INC 7,432 8,081
    PRINCIPAL FINANCIAL GRP 107,931 110,231
    PRIVIA HEALTH GROUP INC 5,417 4,424
    PROCTER & GAMBLE CO 32,417 39,586
    PROLOGIS INC 46,820 67,007
    PTC THERAPEUTICS 4,183 3,625
    Q2 HOLDINGS INC SHS 3,732 2,860
    QUALCOMM INC 77,325 104,419
    R1 RCM INC 3,467 3,339
    RAPID7 ORD 11,366 15,888
    RAYMOND JAMES FINL INC 6,322 7,329
    REALTY INCM CRP MD 124,977 128,003
    REDFIN CORP COM 13,163 8,292
    REGAL REXNORD CORP 3,701 5,276
    REGENERON PHARMACTCLS 88,613 112,411
    REINSURANCE GROUP AMERICA 8,176 6,898
    RELX PLC 15,362 20,381
    RENAISSANCERE HLDGS LTD 5,346 5,249
    REPLIGEN CORP COM 5,691 6,886
    ROCHE HLDG LTD SPN ADR 81,501 99,090
    RYANAIR HOLDINGS PLC SHS 48,985 45,332
    RYDER SYSTEM INC 9,799 10,798
    SABRE CORP SHS 9,965 5,515
    SALESFORCE COM INC 143,193 151,970
    SANMINA CORP 5,443 5,390
    SANOFI ADR 44,935 45,391
    SAREPTA THERAPEUTICS INC 9,268 11,616
    SCHLUMBERGER LTD 44,478 51,784
    SEA LTD 37,936 26,621
    SEAGATE TECH HLDGS PUB 91,687 116,369
    SEALED AIR CORP (NEW) 5,753 8,029
    SEI INVT CO PA 49,904 52,104
    SEMTECH CORPORATION 9,768 12,539
    SHERWIN WILLIAMS 65,615 78,884
    SHIFT4 PMTS INC 9,114 5,445
    SITEONE LANDSCAPE SUPPLY 3,461 4,603
    SK TELECOM CO LTD 41,291 35,071
    SNAP INC CL A 6,476 5,815
    SONOCO PRODUCTS CO 5,495 4,863
    SONY GROUP CORP 82,642 91,261
    SPLUNK INC 6,275 5,439
    SPOTIFY TECH S.A. REG 28,988 25,977
    STAAR SURGICL NEW NEW 6,716 4,565
    STAG INDUSTRIALS INC 5,671 7,482
    STARBUCKS CORP 97,620 96,968
    STERLING BANCORP 4,973 5,158
    STIFEL FINANCIAL CORP 6,748 6,831
    SYNCHRONY FINL COM 92,481 89,440
    SYNOPSYS INC 5,792 8,476
    TAIWAN S MANUFCTRING ADR 74,828 93,601
    TARGET CORP 33,812 37,956
    TECK RESOURCES LTD CLS B 8,028 10,548
    TELADOC HEALTH INC 12,125 6,978
    TEXAS INSTRUMENTS 80,451 101,962
    THE SCOTTS MIRACLE GRO 10,524 7,245
    THERMO FISHER SCIENTIFIC 41,730 54,046
    THOMSON REUTERS CORP REG 24,406 26,556
    TIMKEN COMPANY 5,544 4,573
    TORONTO DOMINION BANK 127,646 133,577
    TOTALENERGIES ES 33,075 35,413
    TOWER SEMICONDUCTOR 4,762 6,547
    TOYOTA MOTOR CORP ADR 56,260 61,149
    TRADEWEB MKTS INC CL A 4,989 6,209
    TREX CO INC 5,463 6,887
    TRIMBLE INC 11,892 12,555
    TRUIST FINL CORP 134,252 146,024
    TWILIO INC CL A 20,074 13,694
    TWIST BIOSCIENCE CORP 6,930 4,024
    ULTRAGENYX 6,071 4,625
    UNION PACIFIC CORP 42,582 49,126
    UNIQURE N V 1,678 1,078
    UNITED BKSHRS INC W V 6,208 5,986
    UNITED PARCEL SVC CL B 75,601 90,451
    UNITEDHEALTH GROUP INC 138,843 168,217
    UPWORK INC 10,480 7,413
    VERIZON COMMUNICATIONS 99,826 91,813
    VERTEX PHARMCTLS INC 89,002 98,161
    VICI PPTYS INC 138,327 135,375
    VISA INC CL A SHS 257,185 285,624
    WALMART INC 97,486 100,560
    WATSCO INC 3,809 4,067
    WELBILT INC 11,226 12,004
    WESBANCO INC 6,142 5,703
    WILLIAMS COMPANIES DEL 78,697 73,198
    WILLSCOT MOBILE MINI 3,275 4,043
    WINGSTOP INC 5,124 5,875
    WIX COM LTD 42,515 29,665
    WOLVERINE WORLD WIDE 6,304 4,350
    WORKDAY INC CL A 51,265 54,909
    YETI HLDGS INC 4,843 4,142
    YUM BRANDS INC 48,069 56,655
    YUM CHINA HOLDINGS INC 32,157 27,113
    ZEBRA TECHNOLOGIES CRP A 3,477 4,166
    ZENDESK INC SHS 10,951 7,717
    ZIONS BANCORP NA 7,661 8,906
    ZOETIS INC 56,464 87,607
    ZOGENIX INC 3,566 3,039
    ZURN WTR SOLUTIONS CORP 5,291 7,862
    SILVERBACK THERAPEUTICS INC 499,118 353,839
    PIMCO FIXED INCOME SHARES: SERIES C 523,920 527,144
    PIMCO FIXED INCOME SHARES: SERIES M 532,100 522,923
    ISHARES MSCI JAPAN ETF 74,425 70,777
    WESTERN ASSET SMSH SERES 589,441 574,280
    WESTERN ASSET SMASH SERIES C 209,484 207,099
    WESTERN ASSET SMASH SERIES M 288,759 284,461

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    US Government Securities - End of Year Book Value:

    1,783,406
    US Government Securities - End of Year Fair Market Value:

    1,785,442
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2021 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 276,354 276,354
    920 FOCH, LLC AT COST 174,037 174,037
    ACTION ALIGHNMENT, LLC AT COST 531,574 531,574
    BCP VIII ACCESS FUND (OFFSHORE) LP TRANCHE B AT COST 355,000 400,861
    BONANZA III AT COST 642,243 642,243
    CB MINERALS AT COST 34,126 34,126
    CLEAR SKY TACTICAL CO-INVESTMENT LLC AT COST 130,472 130,472
    COLT ODYSSEY PARTNERS LLC AT COST 700,000 700,000
    COLT RECODE PARTNERS, LLC AT COST 849,534 849,534
    COLT THIRD ERASCA PARTNERS LLC AT COST 775,000 775,000
    CONCORD-COLT, LP AT COST 499,676 499,676
    DOMINION BANCSHARES AT COST 500,000 500,000
    DOS RIOS PARTNERS, LP AT COST 3,140,167 3,140,167
    ESCALANTE KINGSMILL, LLC AT COST 179,036 179,036
    EXLINE INDUSTRIAL FUND, LP AT COST 398,417 398,417
    FOUNDANT TECHNOLOGIES HOLDINGS AT COST 999,998 999,998
    FUND I, A SERIES OF ESCONDIDO VENTURES, LP AT COST 243,885 243,885
    FUND II, A SERIES OF ESCONDIDO VENTURES, LP AT COST 180,659 180,659
    GSO RESCUE FINANCE FUND III (OFFSHORE) LP AT COST 193,125 136,822
    HIGHLANDER NB ONE LLC AT COST 776,500 776,500
    HIGHLANDER SM ONE LLC AT COST 223,500 223,500
    HYDRA HOST, INC AT COST 100,000 100,000
    ICG SFR HOLDINGS LLC AT COST 400,000 400,000
    IRONSIDE STRATEGIC OPPORTUNITIES FUND I, LP AT COST 393,394 393,394
    KINSIDE AT COST 60,000 60,000
    KOC DFW WEST INVESTORS, LP AT COST 683,710 683,710
    KOC ONE ARLINGTON INVESTORS, LP AT COST 164,577 164,577
    LEGACY VENTURE IX, LLC AT COST 2,138,135 2,138,135
    LEGACY VENTURE VIII, LLC AT COST 2,703,885 2,703,885
    LIFE PARTNERS, INC. AT COST 83,483 83,483
    LLCP SMALL CAP FUND III AT COST 150,000 150,000
    LLCP STRUCTURED EQUITY AT COST 865,000 892,729
    METOX AT COST 500,003 500,003
    MILES PRODUCTION, LP AT COST 1,900,633 1,900,633
    OIL & GAS ROYALTIES NAVASOTA MINERALS AT COST 6,519,111 6,519,111
    OIL & GAS ROYALTY INTERESTS OH AT COST 355,016 355,016
    PROJECT RICKHOUSE II SPV LLC AT COST 197,336 197,336
    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
    ROYALTIES NRLP INVESTMENTS LLC AT COST 1,572,278 1,572,278
    S2 BRANCH HOLDINGS B LLC AT COST 300,000 300,000
    STP 17480 NDP, LP AT COST 514,299 514,299
    STRONG BLOCKS MILWAUKEE II, LLC AT COST 21,023 21,023
    TRUST VENTURES FUND I, LP AT COST 801,703 801,703
    TRUST VENTURES FUND II AT COST 1,422,079 1,422,079
    VALQUEST CONROE MARINAS LP AT COST 122,386 122,386
    VALQUEST PRINCETON 55 LP AT COST 47,122 47,122
    VHFW OAKBEND, LLC AT COST 375,173 375,173
    WTB HOLDING COMPANY LLC AT COST 1,569,612 1,569,612
    WWWBC AT COST 1 1

    TY 2021 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 55,908 37,049 18,859  
    FURNITURE & FIXTURES 173,410 122,556 50,854  
    LEASEHOLD IMPROVEMENTS 156,790 110,810 45,980  


    TY 2021 LegalFeesSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 108,832 73,880   34,952


    TY 2021 OtherAssetsSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PRI - SECUNDA, INC. DBA JOB ECADEMY 0 50,000 50,000


    TY 2021 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
    OFFICE EXPENSES 22,387 7,403   14,984
    DUES, SUBSCRIPTIONS, & FEES 4,779 499   4,280
    INSURANCE EXPENSE 7,048 0   7,048
    BANK CHARGES 144 144   0
    LICENSES/PERMITS 1,850 1,730   120
    OTHER INVESTMENT EXPENSES 54,794 54,794   0
    IT EQUIPMENT/SOFTWARE 50,962 29,629   21,333
    O&G INVESTMENT EXPENSES 238,878 238,878   0


    TY 2021 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 3,711,132 3,552,544 3,711,132
    PARTNERSHIP INCOME-NII -278,951 -278,951 -278,951
    INTEREST ON NOTES RECEIVABLE 481,329 481,329 481,329
    OTHER INVESTMENT INCOME 4,676 4,676 4,676
    STATE UBI TAX REFUNDS 286,163 0 286,163
    PARTNERSHIP INCOME - UBI -673,991   -673,991
    SETTLEMENT PROCEEDS 49,750   49,750
    PARTNERSHIP INCOME - BOOK 164,999   164,999


    TY 2021 OtherIncreasesSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Description Amount
    UNREALIZED GAIN/LOSS 36,502


    TY 2021 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 6,367,832 3,489,012


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

    TY 2021 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 0 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 243,600
    DELTA STRUCTURAL TECH NONE 2,000,000 0 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
    TRINITY CONT-OFFICE NONE 1,080,000 0 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 0 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 0 2017-12 2020-01 DUE AT MATURITY 1600.0000000000 % ALL PROPERTY OF BORROWER, INCLUDING INSURANCE POLICIES WORKING CAPITAL CASH 425,000
    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 0 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 0 2018-12 2020-12 PRINCIPAL AND INTEREST DUE AT MATURITY 600.0000000000 % UNSECURED WITH WARRANTS WORKING CAPITAL CASH 55,000
    ESCALANTE BLEDSOE LLC NONE 168,750 270,989 2018-01 2022-12 MONTHLY PRINCIPAL AND INTEREST 800.0000000000 % SECOND LIEN DEED OF TRUST ON PROPERTY ACQUISITION OF REAL PROPERTY CASH 270,989
    NAVASOTA ROYALTY LP NONE 586,701 1,935,755 2019-09 2020-10 INTEREST DUE MONTHLY, PRINCIPAL DUE AT MATURITY 500.0000000000 % ALL ASSETS OF THE BORROWER WORKING CAPITAL CASH 1,935,755
    ARTIST GROWTH NONE 300,000 300,000 2021-10 2023-10 INTEREST DUE QUARTERLY, PRINCIPAL DUE AT MATURITY 120000.0000000000 % UNSECURED WITH WARRANTS WORKING CAPITAL CASH 300,000

    TY 2021 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 21,983 21,983   0
    INVESTMENT MANAGEMENT FEES 109,940 109,940   0
    HUMAN RESOURCES 16,321 6,060   10,260
    TECHNOLOGY SERVICES 12,000 0   12,000
    PR/COMMUNICATIONS 10,109 0   10,109
    CFO/FINANCIAL CONSULITNG 108,000 108,000   0
    REAL PROPERTY INVESTMENT CONSULTING 54,000 54,000   0
    MISCELLANEOUS PROFESSIONAL FEES 46,100 1,100   45,000


    TY 2021 TaxesSchedule
    Name:
    THE MILES FOUNDATION INC
    EIN:
    75-2739180
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROPERTY TAXES 78,347 78,347   0
    INCOME TAXES 66,000 0   0
    FOREIGN TAXES 3,554 3,554   0
    PAYROLL TAXES 43,798 16,260   27,538
    STATE TAXES 13,287 0   0
    PENALTIES 1,807 1,807   0
    O&G SEVERANCE TAX 51,345 51,345   0