TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024

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 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 If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$67,864,787J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	923,359		923,359
5a	Gross rents............	138,583		138,583
b	Net rental income or (loss) 45,426
6a	Net gain or (loss) from sale of assets not on line 10		751,435
b	Gross sales price for all assets on line 6a 1,338,392
7	Capital gain net income (from Part IV, line 2)...			751,435
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).......	List of Attached Documents: // Content	1,454,191	1,454,191
12	Total. Add lines 1 through 11........	3,267,568		3,267,568
13	Compensation of officers, directors, trustees, etc.	374,244		137,479	236,765
14	Other employee salaries and wages......	467,352		159,850	307,502
15	Pension plans, employee benefits.......	92,495		43,514	48,982
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	82,474	41,237	41,237
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	127,869	46,513	81,356
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	420,696	241,023	179,673
17	Interest...............	319,981		319,981	0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	134,157	26,472	30,770
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	38,205	0
20	Occupancy..............	162,430		40,608	121,822
21	Travel, conferences, and meetings.......	43,461		17,459	26,002
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	244,059	37,304	151,075
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	2,507,423		1,111,440	1,225,184
25	Contributions, gifts, grants paid.......	2,478,750			2,478,750
26	Total expenses and disbursements. Add lines 24 and 25	4,986,173		1,111,440	3,703,934
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-1,718,605
b	Net investment income (if negative, enter -0-)			2,156,128
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2024)

Form 990-PF (2024)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	1,999,664	279,495	279,495
	2	Savings and temporary cash investments.........	632,220	1,145,253	1,145,253
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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) 750,000
		Less: allowance for doubtful accounts 0	0	List of Attached Documents: // Content 750,000	750,000
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,342,253	List of Attached Documents: // Content 640,258	610,427
	b	Investments—corporate stock (attach schedule).......	9,476,736	List of Attached Documents: // Content 8,207,946	10,034,695
	c	Investments—corporate bonds (attach schedule).......	975,082	List of Attached Documents: // Content 528,503	568,243
	11	Investments—land, buildings, and equipment: basis 1,489,986
		Less: accumulated depreciation (attach schedule) 108,247	1,419,944	List of Attached Documents: // Content 1,381,739	1,381,739
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	51,286,680	List of Attached Documents: // Content 52,822,410	52,934,792
	14	Land, buildings, and equipment: basis 430,558
		Less: accumulated depreciation (attach schedule) 270,415	131,799	160,143	160,143
	15	Other assets (describe )	List of Attached Documents: // Content 50,000	List of Attached Documents: // Content 0	List of Attached Documents: // Content 0
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	67,314,378	65,915,747	67,864,787
	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 )	List of Attached Documents: // Content 5,295,179	List of Attached Documents: // Content 5,615,153
	23	Total liabilities (add lines 17 through 22).........	5,295,179	5,615,153
		Foundations that follow FASB ASC 958, check here
		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
		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	62,019,199	60,300,594
	29	Total net assets or fund balances (see instructions).....	62,019,199	60,300,594
	30	Total liabilities and net assets/fund balances (see instructions).	67,314,378	65,915,747

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

62,019,199

Enter amount from Part I, line 27a .....................

-1,718,605

Other increases not included in line 2 (itemize) right arrow

Add lines 1, 2, and 3 ..........................

60,300,594

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

60,300,594

Form 990-PF (2024)

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	PROJECT RICKHOUSE II SPV LLC	P	2023-01-01	2024-12-31
b	TRUST VENTURES FUND II, LP	P	2023-01-01	2024-12-31
c	NRLP INVESTMENTS, LLC	P	2023-01-01	2024-12-31
d	EXLINE INDUSTRIAL FUND II, LP	P	2023-01-01	2024-12-31
e	IRON CASK FUND III, LLC	P	2023-01-01	2024-12-31
	RCP ARGYLE 114, LTD	P	2023-01-01	2024-12-31
	LEGACY VENTURE IX LLC	P	2023-01-01	2024-12-31
	LEGACY VENTURE VIII LLC	P	2023-01-01	2024-12-31
	VALQUEST PRINCETON 55, LP	P	2023-01-01	2024-12-31
	SUMMIT PEAK VENTURES III, LP	P	2023-01-01	2024-12-31
	IRON CASK FUND III, LLC	P	2024-01-01	2024-12-31
	LEGACY VENTURE IX LLC	P	2024-01-01	2024-12-31
	LEGACY VENTURE VIII LLC	P	2024-01-01	2024-12-31
	SUMMIT PEAK VENTURES III, LP	P	2024-01-01	2024-12-31
	SECURITIES	P	2024-01-01	2024-12-31
	CB MINERALS	P	2023-01-01	2024-12-31
	VHFW OAKBEND LLC	P	2023-01-01	2024-12-31
	SECUNDA, INC	P	2023-01-01	2024-12-31
	RCP ARGYLE 114, LTD	P	2023-01-01	2024-12-31
	VALQUEST PRINCETON 55, LP	P	2023-01-01	2024-12-31
	VALQUEST CONROE MARINAS	P	2023-01-01	2024-12-31

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	166		166
b		93,825	-93,825
c	135,034		135,034
d	34,977		34,977
e	835		835
		76,544	-76,544
	19,528		19,528
	175,505		175,505
	2,281		2,281
		1,287	-1,287
	772		772
		267	-267
	8,570		8,570
		1,065	-1,065
	960,724		960,724
		34,126	-34,126
		84,858	-84,858
		50,000	-50,000
		88,297	-88,297
		2,034	-2,034
		154,654	-154,654

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			166
b			-93,825
c			135,034
d			34,977
e			835
			-76,544
			19,528
			175,505
			2,281
			-1,287
			772
			-267
			8,570
			-1,065
			960,724
			-34,126
			-84,858
			-50,000
			-88,297
			-2,034
			-154,654

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	751,435
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 ...................		3

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	29,970
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	29,970
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	29,970
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	57,578
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	57,578
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	27,608
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax27,608	Refunded	11	0

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

Yes

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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? ................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

Yes

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 instructions Click to see attachment

List of Attached Documents:

// Content

.................

Yes

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

WWW.MILESFDN.ORG

The books are in care of right arrow

GRANT COATES Telephone no. right arrow

(817) 293-5555

Located at right arrow

5049 EDWARDS RANCH ROAD STE 280FORT WORTHTX ZIP+4 right arrow

76109

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... right arrow

and enter the amount of tax-exempt interest received or accrued during the year ........ right arrow

16 At any time during calendar year 2024, 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 right arrow

Form 990-PF (2024)

Page 5

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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 2024? .............

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)):

At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2024?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

Yes

If "Yes," did it have excess business holdings in 2024 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 2024.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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 2024? ..

Form 990-PF (2024)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

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).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

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 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
CHRISTOPHER G COATES	CEO/DIRECTOR 40.00	283,010	41,234
5049 EDWARDS RANCH ROAD SUITE 280 FORT WORTH,TX76109	CEO/DIRECTOR 40.00	283,010	41,234
JACK L BURDETT	CHAIRMAN 5.00	25,000	0
5049 EDWARDS RANCH ROAD SUITE 280 FORT WORTH,TX76109	CHAIRMAN 5.00	25,000	0
SHERRY A WILSON	DIRECTOR 5.00	25,000	0
5049 EDWARDS RANCH ROAD SUITE 280 FORT WORTH,TX76109	DIRECTOR 5.00	25,000	0

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 J REDINGTON	CHIEF PHILANTHROPY O 40.00	213,966	36,263	0
5049 EDWARDS RANCH ROAD SUITE 280 FORT WORTH,TX76109	CHIEF PHILANTHROPY O 40.00	213,966	36,263	0
PEYTON G JOHNIGAN	FINANCIAL ANALYST 40.00	113,108	38,435	0
5049 EDWARDS RANCH ROAD SUITE 280 FORT WORTH,TX76109	FINANCIAL ANALYST 40.00	113,108	38,435	0
BETHANY B MAXWELL	OFFICE ADMINISTRATOR 40.00	51,278	10,097	0
5049 EDWARDS RANCH ROAD SUITE 280 FORT WORTH,TX76109	OFFICE ADMINISTRATOR 40.00	51,278	10,097	0
MATTIE J PARKER	EDUATION POLICY SPEC 15.00	60,000	0	0
5049 EDWARDS RANCH ROAD SUITE 280 FORT WORTH,TX76109	EDUATION POLICY SPEC 15.00	60,000	0	0


Total number of other employees paid over $50,000...................				0

Form 990-PF (2024)

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	169,898
13601 PRESTON ROAD SUITE 417W DALLAS,TX75240	CFO/FINANCIAL SERVICES	169,898
CLEARFORK RETAIL VENTURE LLC	RENT	162,456
PO BOX 775389 CHICAGO,IL60677	RENT	162,456
JARED P HARRELL	LEGAL SERVICES	76,226
16203 BELMONT AVE UNIT B LUBBOCK,TX79424	LEGAL SERVICES	76,226
LONGBOW PARTNERS	CONSULTING	51,000
502 W 13TH STREET AUSTIN,TX78701	CONSULTING	51,000

Total number of others receiving over $50,000 for professional services............. right arrow

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	THE FOUNDATION DIRECTLY SUPPORTS INITIATIVES THAT EXPAND EDUCATIONAL OPPORTUNITY AND FAMILY WELL-BEING. ACTIVITIES INCLUDE DEVELOPING THE PARENT PASS APP TO CONNECT FAMILIES WITH CHILD AND COMMUNITY RESOURCES; ADVANCING THE BEST PLACE FOR WORKING PARENTS INITIATIVE TO PROMOTE FAMILY-FRIENDLY BUSINESS PRACTICES; AND BUILDING THE BEST PLACE FOR STUDENTS PLATFORM TO HELP FAMILIES IDENTIFY QUALITY EDUCATION OPTIONS.	480,258
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


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2024)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

15,722,351

Average of monthly cash balances.......................

1,764,667

Fair market value of all other assets (see instructions)................

51,885,604

Total (add lines 1a, b, and c).........................

69,372,622

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

69,372,622

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

1,040,589

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

68,332,033

Minimum investment return. Enter 5% (0.05) of line 5................

3,416,602

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.)

Minimum investment return from Part IX, line 6..................

3,416,602

Tax on investment income for 2024 from Part V, line 5 .......

29,970

Income tax for 2024. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

29,970

Distributable amount before adjustments. Subtract line 2c from line 1............

3,386,632

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

3,386,632

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

3,386,632

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

3,703,934

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

3,703,934

Form 990-PF (2024)

Page 9

Part XII

Undistributed Income (see instructions)

	(a) Corpus	(b) Years prior to 2023	(c) 2023	(d) 2024
1 Distributable amount for 2024 from Part X, line 7				3,386,632
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......			1,418,691
b Total for prior years:20 , 20, 20		0
3 Excess distributions carryover, if any, to 2024:
a From 2019......
b From 2020......
c From 2021......
d From 2022......
e From 2023......
f Total of lines 3a through e ........	0
4Qualifying distributions for 2024 from Part
XI, line 4: $ 3,703,934
a Applied to 2023, but not more than line 2a			1,418,691
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 2024 distributable amount.....				2,285,243
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2024.	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 2023. Subtract line 4a from line 2a. Taxable amount—see instructions .............			0
f Undistributed income for 2024. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2025 ..........				1,101,389
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 2019 not applied on line 5 or line 7 (see instructions) ...	0
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2020....
b Excess from 2021....
c Excess from 2022....
d Excess from 2023....
e Excess from 2024....

Form 990-PF (2024)

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 2024, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2024	(b) 2023	(c) 2022	(d) 2021	(e) Total

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 right arrow

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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 (2024)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
BASIS TEXAS CHARTER SCHOOLS INC 404 E RAMSEY SUITE 106 SAN ANTONIO,TX78216	NONE	PC	FORT WORTH EXPANSION	100,000
COMMUNITIES FOUNDATION OF TEXAS INC 5500 CARUTH HAVEN LANE DALLAS,TX75225	NONE	PC	PHILANTHROPY ADVOCATES	55,000
DONORS TRUST 1800 DIAGONAL STREET 280 ALEXANDRIA,VA22314	NONE	PC	THE MILES FOUNDATION FUND	600,000
FAMILIES EMPOWERED 2050 N LOOP W 230 HOUSTON,TX77018	NONE	PC	GENERAL OPERATIONS	150,000
FORT WORTH CHAMBER DEVELOPMENT FOUNDATION 777 TAYLOR STREET SUITE 900 FORT WORTH,TX76102	NONE	SO I	GENERAL SUPPORT	25,000
NORTH TEXAS COMMUNITY FOUNDATION 777 MAIN STREET SUITE 2850 FORT WORTH,TX76102	NONE	PC	THE MILES FOUNDATION COMMUNITY FUNDS	1,113,750
TEXAS CHRISTIAN UNIVERSITY TCU BOX 297011 FORT WORTH,TX76129	NONE	PC	SCHOOL OF MEDICINE	25,000
THE PHILANTHROPY ROUNDTABLE INC 1120 20TH STREET NW 550S WASHINGTON,DC20036	NONE	PC	GENERAL OPERATIONS	75,000
TRINITY CHRISTIAN ACADEMY 17001 ADDISON ROAD ADDISON,TX75001	NONE	PC	INNOVATIVE LEARNING INITIATIVE	85,000
VELA EDUCATION FUND 361 PARK AVENUE 203 GLENCOE,IL60022	NONE	PC	EXPAND VELA MICRO-GRANTS ACROSS TEXAS	250,000
Total ................................. 3a				2,478,750

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2024)

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	(e) Related or exempt function income (See instructions.)
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	923,359
5 Net rental income or (loss) from real estate:
aDebt-financed property......	531120	45,426
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....	523000		15	1,454,191
8 Gain or (loss) from sales of assets other than inventory ............			18	751,435
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		45,426		3,128,985	0

13Total. Add line 12, columns (b), (d), and (e)..................

3,174,411

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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 (2024)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2024 AccountingFeesSchedule

Name:

THE MILES FOUNDATION INC

EIN:

75-2739180

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	127,869	46,513		81,356

- TIN:

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

TY 2024 DepreciationSchedule

Name:

THE MILES FOUNDATION INC

EIN:

75-2739180

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income	Adjusted Net Income	Cost of Goods Sold Not Included
2512 HEMPHILL	2022-02-22	1,489,986	70,042	SL	39.000000000000	38,205	0

- TIN:

TY 2024 GeneralExplanationAttachment

Name:

THE MILES FOUNDATION INC

EIN:

75-2739180

Identifier	Return Reference	Explanation
PROGRAM RELATED INVESTMENT EXPENDITURE RESPONSIBILITY EXPLANATION:	PART II, LINE 15	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 12/31/2024:$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 RESOURCESOUTSIDE 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:12/31/24ANY 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.

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

THE MILES FOUNDATION INC

EIN:

75-2739180

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ALEXANDRIA REAL ESTATE E	12,697	13,995
ARES CAPITAL CORP	2,992	3,438
ASTRAZENECA FINANCE LLC	10,400	10,871
BAT CAPITAL CORP	10,294	11,339
BOARDWALK PIPELINES LP	10,376	11,356
BP CAP MARKETS AMERICA	11,028	11,608
CAPITAL ONE FINANCIAL CO	19,838	22,397
CENTERPOINT ENERGY RES	10,386	11,043
CIGNA GROUP	10,459	10,983
CITIGROUP INC	17,681	19,095
COMCAST CORP	10,652	11,273
DISCOVER FINANCIAL SVS	20,649	23,447
DTE ELECTRIC CO	10,434	10,987
ELI LILLY & CO	10,925	10,780
ENTERGY LOUISIANA LLC	11,030	11,900
ENTERPRISE PRODUCTS OPER	10,502	11,087
EQUITABLE HOLDINGS INC	8,354	9,084
FORD MOTOR COMPANY	5,945	6,654
GENERAL MOTORS FINL CO	10,677	11,984
GLOBAL PAYMENTS INC	10,098	10,993
HOME DEPOT INC	10,884	11,598
HUMANA, INC	8,206	8,030
JOHN DEERE CAPITAL CORP	11,179	11,505
JPMORGAN CHASE & CO	17,295	18,917
KINDER MORGAN ENER PART	10,291	11,127
LOCKHEED MARTIN CORP	10,655	11,116
MERCK & CO INC	10,830	11,708
META PLATFORMS INC	10,475	11,152
MICRON TECHNOLOGY INC	10,297	11,266
MORGAN STANLEY	6,321	6,751
MPLX LP	5,353	5,785
NATIONAL RURAL UTIL COOP	10,443	11,196
NXP BV/NXP FDG/NXP USA	10,768	11,678
PHILIP MORRIS INTL INC	10,549	11,312
PNC FINANCIAL SERVICES	19,875	21,733
PUBLIC SERVICE ELECTRIC	10,810	11,507
ROYAL BANK OF CANADA	1,819	1,966
S&P GLOBAL INC	10,476	11,343
SAN DIEGO G & E	10,598	11,740
SERVICENOW INC	10,760	11,636
SOUTHERN CAL EDISON	10,700	11,517
TRUIST FINANCIAL CORP	19,489	21,866
UNION PACIFIC CORP	11,176	12,086
UNITEDHEALTH GROUP INC	10,662	11,069
VERIZON COMMUNICATIONS	17,472	16,808
WELLS FARGO & COMPANY	25,703	27,517

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

THE MILES FOUNDATION INC

EIN:

75-2739180

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABB LTD	18,612	25,708
ABBVIE INC	49,334	46,557
ACUITY BRANDS INC	4,903	8,472
ADIDAS AG	6,896	8,625
ADVANCED ENERGY INDS INC	6,687	6,938
AGNICO EAGLE MINES LTD	16,162	19,787
AGREE RLTY CORP	9,607	9,581
AIA GROUP LTD	21,162	14,452
AIR LEASE CORP CL A	4,170	5,255
AIR LIQUIDE	10,707	11,049
AIRBUS SE	13,814	15,707
ALBANY INTL CRP NEW CL A	5,698	5,118
ALEXANDRIA REAL EST EQTS	5,476	4,487
ALIBABA GROUP HOLDING LT	17,521	13,142
ALLIANT ENERGY CORP	6,816	7,215
ALLSTATE CORP DEL COM	45,983	61,307
ALPHABET INC SHS CL A	148,691	185,893
ALPHABET INC SHS CL C	23,821	56,942
ALTRIA GROUP INC	29,465	27,975
AMADEUS IT GROUP SA	21,244	21,257
AMAZON COM INC COM	139,452	188,675
AMDOCS LIMITED	9,758	9,876
AMER EXPRESS COMPANY	14,102	26,711
AMERICAN FINL GRP HLDGS	6,672	7,942
AMPHENL CORP CL A NEW	32,815	45,559
ANHEUSER-BUSCH INBEV WOR	14,131	11,591
APPLE INC	126,305	177,047
ASHTEAD GROUP PLC 10P FN	10,830	8,457
ASML HOLDING N.V. ORD SH	21,246	22,489
ASTRAZENECA PLC SHS FN	25,864	22,681
ASTRAZENECA PLC SPND ADR	55,522	44,881
AT&T INC	43,022	50,777
ATMOS ENERGY CORP COM	11,902	13,788
AUTODESK INC DEV PV$.01	50,554	51,429
AVERY DENNISON CORP	7,839	8,421
AVIENT CORPORATION	5,775	4,862
AVNET INC	11,077	14,806
B AND M EUROPEAN VALUE R	4,302	2,859
BAE SYSTEMS PLC	13,432	12,384
BATH & BODY WORKS INC	4,448	4,652
BCE INC	83,985	37,389
BEIGENE LTD	4,893	4,618
BHP GROUP LTD	4,613	3,673
BLOCK INC	35,089	21,248
BLUE OWL CAP INC	20,145	37,169
BOEING COMPANY	89,021	80,712
BOOZ ALLEN HAMILTON HLDG	8,142	12,355
BORG WARNER INC COM	2,747	2,162
BOSTON SCIENTIFIC CORP	33,860	58,862
BP PLC	11,015	8,456
BRITISH AMERICAN TOBACCO	6,721	7,430
BROADCOM INC	49,770	169,243
BROADRIDGE FINL	10,110	15,826
CABOT CORP	3,549	5,570
CANADIAN NATL RAILWAY CO	15,049	12,892
CAPGEMINI SA	18,078	15,558
CARLSBERG AS-B	12,300	7,587
CBOE GLOBAL MARKETS INC	4,789	5,276
CBRE GROUP INC	4,556	11,685
CENCORA INC	24,635	23,367
CHARLES RIVER LABS INTL	6,667	4,800
CHEVRON CORP	67,805	61,702
CHUBB LTD	49,694	64,931
CHUGAI PHARM LTD 4519	7,206	6,411
CISCO SYSTEMS INC COM	60,312	67,488
CITIGROUP INC COM NEW	45,757	54,341
CMS ENERGY CORP	3,347	3,732
COMCAST CORP NEW CL A	91,343	86,769
CONAGRA BRANDS INC	4,372	3,330
CONMED CORP COM	6,679	3,490
CONOCOPHILLIPS	50,122	54,940
CONSOLIDATED EDISON INC	53,459	52,913
COSTCO WHOLESALE CRP DEL	38,599	68,720
CROWN CASTLE INC	32,293	31,221
CSX CORP	36,981	35,400
D R HORTON INC	32,998	45,861
DAIICHI SANKYO CO LTD	18,753	15,586
DAIKIN INDUSTRIES	12,316	7,122
DANONE S.A	7,314	8,429
DARDEN RESTAURANTS INC	3,660	4,854
DARLING INGREDIENTS INC	7,874	3,807
DBS GROUP HOLDINGS LTD	10,910	16,441
DEERE CO	8,085	9,745
DEUTSCHE BK REGD NPV	9,251	10,055
DIAGEO PLC SPSD ADR NEW	39,780	27,841
DIAMONDBACK ENERGY INC	3,959	8,519
DIGI INTL INC	4,214	5,834
DIGITAL RLTY TR INC	59,509	90,793
DNB BANK ASA REG SHS	9,360	10,290
DOW INC REG	55,559	37,923
DSV A/S	11,913	14,258
DT MIDSTREAM INCORP REG	4,873	4,972
DUKE ENERGY CORP NEW	58,976	57,749
EASTGROUP PROPERTIES INC	4,418	4,494
EASTMAN CHEMICAL CO COM	4,438	3,744
EATON CORP PLC	24,885	40,488
ELI LILLY & CO	56,475	72,568
EMERSON ELEC CO	60,436	79,191
ENGIE	12,059	12,841
ENTEGRIS INC MINNESOTA	5,562	5,646
ENTERGY CORP NEW	32,233	37,303
EPIROC AB REG SHS	18,598	17,349
EQTY LIFESTYLS PPTYS INC	4,903	4,063
ESSILORLUXOTTICA	17,390	23,177
EVERCORE INC	4,837	12,196
EVOLUTION AB	5,216	4,402
EXPEDITORS INTL WASH INC	21,584	21,489
EXXON MOBIL CORP COM	166,700	189,861
FACTSET RESH SYS INC	17,498	24,014
FERRARI NV	21,669	30,588
FERRARI NV	7,586	7,706
FIRST FINANCIAL BANCORP	3,380	4,140
FIRSTCASH HLDGS INC	3,350	4,869
FLEX LTD	4,955	14,166
FREEPORT-MCMORAN INC	44,865	34,386
FUJITSU LTD 6702	6,579	8,192
GATX CORPORATION	5,102	7,903
GENL DYNAMICS CORP COM	78,817	83,263
GENMAB A/S	12,020	6,440
GENUINE PARTS CO	43,018	37,830
GILDAN ACTIVEWEAR INC	8,789	8,610
GILEAD SCIENCES INC COM	62,389	64,936
GIVAUDAN SA UNSP ADR	11,038	14,977
HARTFORD FINL SVCS GROUP	9,962	13,784
HCA HEALTHCARE INC	26,950	27,014
HEALTHPEAK PPTYS INC	60,585	45,871
HEARTLAND FINANCIAL USA	4,631	5,579
HERMES INTL S A	12,933	14,427
HEWLETT PACKARD	42,989	54,656
HILTON WORLDWIDE	21,086	37,074
HITACHI CORP	9,765	15,528
HOME BANCSHARES INC	4,528	5,886
HOME DEPOT INC	70,932	82,077
HONEYWELL INTL INC DEL	23,222	22,815
HONG KONG EXCHANGES AND	7,249	9,222
HOWMET AEROSPACE INC	18,046	32,155
HOYA CORP	5,821	5,924
HP INC	39,073	42,191
HUBBELL INC SHS	6,302	14,242
HUNTNGTN BANCSHS INC MD	4,547	4,157
IBERDROLA SA, BILBAO	7,579	8,387
ILLUMINA INC COM	42,061	17,372
IMPERIAL BRANDS PLC	7,409	10,168
INDUSTRIA DE DISENO TEXT	12,762	17,631
INSPERITY INC	3,858	2,558
INTER PARFUMS INC	6,335	10,521
INTERCONTINENTAL	31,329	30,398
INTL BUSINESS MACHINES	64,276	96,945
INTRPUBLIC GRP OF CO	30,348	22,556
INTUITIVE SURGICAL INC	16,526	30,274
ITOCHU CORP ORD 8001	17,467	20,427
JOHNSON AND JOHNSON COM	76,401	62,910
JOHNSON CONTROLS INTER	81,101	98,189
JPMORGAN CHASE & CO	145,780	261,284
KENVUE INC	68,466	66,292
KEYENCE CORP 6861	16,829	13,567
KINDER MORGAN INC. DEL	56,874	95,078
KONINKLIJKE KPN NV	7,712	8,280
KRAFT (THE) HEINZ CO SHS	30,425	23,862
L OREAL	19,661	15,575
L.V.M.H. EUR 0.3	19,547	15,793
LANCASTER COLONY CP OHIO	6,249	6,926
LKQ CORP	5,201	3,749
LONDON STK EXCHANGE GROU	23,363	29,821
LOWE'S COMPANIES INC	32,466	39,982
MARTIN MARIETTA MATLS	27,804	23,759
MARUBENI CORP 8002 FN	9,390	7,701
MASCO CORP	6,152	6,894
MCDONALDS CORP COM	51,982	53,630
MEDTRONIC PLC SHS	153,053	111,672
MERCK AND CO INC SHS	36,183	41,881
MERITAGE HOMES CORP	3,181	3,076
META PLATFORMS INC	74,832	138,180
MICROSOFT CORP	201,894	284,513
MIDDLEBY CORP COM	6,437	6,231
MONSTER BEVERAGE SHS	42,667	45,202
MOOG INC CL A	4,167	9,448
MORGAN STANLEY	52,699	75,683
MTU AERO ENGINES AG	7,262	9,675
MUNICH RE-INS REGD	10,880	10,612
MURPHY OIL CORP	4,705	7,323
NATIONAL GRID PLC REG SH	9,820	8,840
NATWEST GROUP PLC REG SH	11,005	13,778
NESTLE SA CHAM UND VEVE	24,126	16,848
NETAPP INC	3,982	6,036
NETEASE INC REG SHS	4,343	3,991
NETFLIX COM INC	59,394	155,981
NEXTERA ENERGY INC SHS	65,916	59,431
NEXTRACKER INC	3,608	4,347
NIKE INC CL B	17,412	17,480
NISOURCE INC	10,958	13,601
NITORI HOLDINGS	5,610	5,216
NOMURA RESEARCH INST 4307	10,162	10,314
NOV INC	4,289	4,395
NOVARTIS ADR	62,124	68,701
NOVO NORDISK A S ADR	22,606	29,419
NOVO NORDISK A/S BR AND/	26,235	28,756
NVIDIA	77,757	335,994
ORACLE CORP $0.01 DEL	42,038	87,819
PACKAGING CORP AMERICA	8,951	13,508
PALO ALTO NETWORKS INC	25,186	34,936
PARKER HANNIFIN CORP	35,324	62,967
PAYPAL HOLDINGS INC SHS	27,849	19,801
PEBBLEBROOK HOTEL TRUST	5,463	3,008
PENSKE AUTO GROUP INC	2,369	3,659
PEPSICO INC	66,592	60,368
PERFORMANCE FOOD GROUP	5,862	8,286
PERRIGO CO PLC	14,416	10,413
PFIZER INC	82,400	50,115
PHILIP MORRIS INTL INC	54,419	64,628
PINNACLE FINL PARTNERS	4,736	7,664
PLAINS GP HOLDINGS CL A	2,810	3,860
PNC FINCL SERVICES GROUP	55,692	64,990
POPULAR INC COM NEW	4,545	6,396
PRINCIPAL FINANCIAL GRP	35,954	39,789
PROCTER & GAMBLE CO	43,066	44,427
PROGRESSIVE CRP OHIO	22,964	41,692
PROLOGIS INC	31,764	29,490
PUB SVC ENTERPRISE GRP	53,732	59,312
QUALCOMM INC	50,013	50,080
QUEST DIAGNOSTICS INC	10,660	11,767
RAYMOND JAMES FINL INC	3,642	6,524
REALTY INCM CRP MD PV$1	28,632	22,646
RECRUIT HOLDINGS CO.LTD.	8,220	16,661
REGENERON PHARMACTCLS	23,119	29,206
REINSURANCE GROUP AMERICA	5,668	9,827
RELX PLC	16,035	19,271
RENAISSANCERE HLDGS LTD	4,094	6,220
ROCHE HLDG LTD SPN ADR	18,749	15,382
ROLLS-ROYCE HOLDI	11,434	17,454
ROSS STORES INC COM	31,597	36,002
RPM INTERNATIONAL INC	4,912	7,014
RTX CORP	87,287	93,965
S&P GLOBAL INC	46,467	54,783
SAFRAN SA	22,319	32,286
SALESFORCE INC	48,012	59,845
SANMINA CORP	4,439	7,643
SAP SE	28,052	43,889
SCHLUMBERGER LTD	13,330	10,237
SCHNEIDER NATL INC WIS	5,010	5,885
SEALED AIR CORP (NEW)	4,842	4,635
SEI INVT CO PA PV $0.01	17,300	24,414
SERVICENOW INC	27,364	49,826
SHIN ETSU CHEMICAL 4063	10,120	9,804
SHOPIFY INC CL A	29,608	52,527
SIEMENS AG ADR	32,319	49,113
SIKA AG NAMEN-AKT	13,674	11,425
SIMON PROPERTY GROUP DEL	53,196	60,446
SMC CORP 6273	15,436	10,284
SNAP ON INC COM	14,879	22,745
SONOCO PRODUCTS CO	4,149	3,273
SPOTIFY TECH S.A. REG	3,637	3,579
STAG INDUSTRIALS, INC.	4,262	4,025
STARBUCKS CORP	27,105	27,193
STIFEL FINANCIAL CORP	5,141	8,062
STRAUMANN HLDG AG NAMEN	7,190	5,923
SUZUKI MOTOR CORP 7269	9,158	8,893
SYNCHRONY FINL COM	23,927	49,790
SYNOPSYS INC	3,905	6,795
TAIWAN S MANUFCTRING ADR	15,025	27,846
TARGA RESOURCES CORP	8,555	18,386
TDK CORP 6762	7,976	13,645
TENCENT HOLDINGS LTD SHS	10,053	12,240
TERRENO REALTY CORP SHS	6,624	6,683
TERUMO	4,457	5,298
TESLA INC	98,938	214,439
TEXAS INSTRUMENTS	23,071	24,376
TEXAS ROADHOUSE INC-CL A	6,352	8,119
TFI INTERNATIONAL INC	8,224	10,672
THE SCOTTS MIRACLE GRO	4,866	3,251
THERMO FISHER SCIENTIFIC	23,226	21,329
TIMKEN COMPANY	3,750	3,640
TOKYO ELECTRON 8035	9,019	9,846
TOTALENERGIES SE	26,999	24,593
TRACTOR SUPPLY CO	1,763	1,857
TRAVELERS COS INC	27,623	37,338
TRINET GROUP INC CALIF	2,785	2,723
TRUIST FINL CORP	131,589	128,839
U S PHYSICAL THERAPY INC	3,784	3,992
UNI CHARM CO LTD 8113 FN	5,765	3,579
UNICREDIT SPA	13,168	14,276
UNILEVER PLC NEW ADR	35,011	44,453
UNION PACIFIC CORP	20,222	20,524
UNITED BKSHRS INC W.V.	5,601	7,059
UNITED PARCEL SVC CL B	52,963	36,947
UNITED RENTALS INC	19,497	28,178
UNITEDHEALTH GROUP INC	59,325	51,598
VERTEX PHARMCTLS INC	24,572	43,089
VICI PPTYS INC	47,672	42,413
VICTORY CAPITAL HOLDINGS	9,957	19,900
VISA INC CL A SHRS	117,961	163,709
VORNADO REALTY TRUST COM	6,099	10,384
WALMART INC	93,267	117,997
WATSCO INC COM	8,030	13,742
WEBSTER FINL CP PV $0.01	3,908	4,086
WELLS FARGO & COMPANY	48,447	45,726
WELLTOWER INC	58,183	87,717
WESBANCO INC	4,628	4,230
WEX INC	5,811	5,435
WILLIAMS COMPANIES DEL	45,689	80,422
WOLVERINE WORLD WIDE	3,651	5,550
WORKDAY INC CL A	17,094	17,288
WSTN DIGITAL CORP DEL	33,910	31,246
XCEL ENERGY INC	61,366	64,414
YUM BRANDS INC	15,947	18,112
YUM CHINA HOLDINGS INC	10,138	7,659
ZOETIS INC	35,456	32,097

- TIN:

TY 2024 InvestmentsGovtObligationsSch

Name:

THE MILES FOUNDATION INC

EIN:

75-2739180

US Government Securities - End of Year Book Value:

640,258

US Government Securities - End of Year Fair Market Value:

610,427

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

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

- TIN:

TY 2024 InvestmentsLandSchedule2

Name:

THE MILES FOUNDATION INC

EIN:

75-2739180

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
2512 HEMPHILL	1,489,986	108,247	1,381,739

- TIN:

TY 2024 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	191,286	191,286
4621 ROSS AVE LP	AT COST	46,348	46,348
920 FOCH, LLC	AT COST	153,343	153,343
ARTIST GROWTH	AT COST	609,280	609,280
AVID GROUP, INC	AT COST	100	100
BCP VIII ACCESS FUND (OFFSHORE) LP TRANCHE B	AT COST	840,000	947,679
BONANZA III	AT COST	434,127	434,127
CLEAR SKY TACTICAL CO-INVESTMENT LLC	AT COST	102,454	102,454
COLT ODYSSEY PARTNERS LLC	AT COST	699,046	699,046
COLT RECODE PARTNERS, LLC	AT COST	854,146	854,146
COLT THIRD ERASCA PARTNERS LLC	AT COST	763,796	763,796
CONCORD-COLT, LP	AT COST	429,685	429,685
DOMINION BANCSHARES	AT COST	500,000	500,000
DOS RIOS PARTNERS, LP	AT COST	2,661,941	2,661,941
EXLINE INDUSTRIAL FUND, LP	AT COST	376,852	376,852
FOUNDANT TECHNOLOGIES HOLDINGS	AT COST	750,242	750,242
FUND I, A SERIES OF ESCONDIDO VENTURES, LP	AT COST	234,804	234,804
FUND II, A SERIES OF ESCONDIDO VENTURES, LP	AT COST	705,481	705,481
GSO RESCUE FINANCE FUND III (OFFSHORE) LP	AT COST	298,125	163,318
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	200,000	200,000
ICG SFR HOLDINGS LLC	AT COST	335,608	335,608
IRON CASK FUND III LLC	AT COST	1,976,974	1,976,974
IRONSIDE STRATEGIC OPPORTUNITIES FUND I, LP	AT COST	718,169	718,169
KINSIDE	AT COST	60,000	60,000
KOC DFW WEST INVESTORS, LP	AT COST	630,321	630,321
KOC ONE ARLINGTON INVESTORS, LP	AT COST	6,370	6,370
LEARN CAPITAL FUND V EARLY, LP	AT COST	1,372,815	1,372,815
LEARN CAPITAL FUND V GROWTH, LP	AT COST	1,129,466	1,129,466
LEARN CAPITAL V SPECIAL OPPORTUNITIES III, LLC	AT COST	200,000	200,000
LEGACY VENTURE IX, LLC	AT COST	2,651,450	2,651,450
LEGACY VENTURE VIII, LLC	AT COST	2,260,836	2,260,836
LIFE PARTNERS, INC.	AT COST	98,439	98,439
LLCP SMALL CAP FUND III	AT COST	630,000	636,445
LLCP STRUCTURED EQUITY	AT COST	1,155,000	1,288,065
METOX	AT COST	2,233,476	2,233,476
MILES PRODUCTION, LP	AT COST	1,900,633	1,900,633
MY ART CACHE, INC.	AT COST	200,000	200,000
NRLP PARTNERS I	AT COST	1,000,000	1,000,000
NRLP PARTNERS II, LLC	AT COST	3,000,000	3,000,000
OIL & GAS ROYALTIES NAVASOTA MINERALS	AT COST	6,882,464	6,882,464
OIL & GAS ROYALTY INTERESTS OH	AT COST	355,016	355,016
PROJECT RICKHOUSE II SPV LLC	AT COST	141,952	141,952
PRP OXFORD CARROLLTON, LLC	AT COST	1,753	1,753
PUBLISHING CONCEPTS LP	AT COST	61,499	61,499
ROYALTIES BONANZA II	AT COST	960,603	960,603
ROYALTIES NRLP ACQUISITIONS LLC	AT COST	1,638,222	1,638,222
S2 BRANCH HOLDINGS B LLC	AT COST	270,545	270,545
STP 17480 NDP, LP	AT COST	430,345	430,345
STRONG BLOCKS MILWAUKEE II, LLC	AT COST	10,601	10,601
SUMMIT PEAK VENTURES III, LP	AT COST	396,715	396,715
TRUST VENTURES FUND I, LP	AT COST	126,076	126,076
TRUST VENTURES FUND II	AT COST	2,587,258	2,587,258
TRUST VENTURES FUND III	AT COST	1,919,456	1,919,456
TV GREENLITE SPV I, LP	AT COST	209,200	209,200
TV SANA SPV III, LP	AT COST	869,387	869,387
WOODBINE LEGACY INVESTMENT PARTNERS II LP	AT COST	981,092	981,092
WTB HOLDING COMPANY LLC	AT COST	1,569,612	1,569,612
WWWBC	AT COST	1	1

- TIN:

TY 2024 LegalFeesSchedule

Name:

THE MILES FOUNDATION INC

EIN:

75-2739180

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	82,474	41,237		41,237

- TIN:

TY 2024 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. DBJA JOB ECADEMY	50,000	0	0

- TIN:

TY 2024 OtherExpensesSchedule

Name:

THE MILES FOUNDATION INC

EIN:

75-2739180

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
MEALS	24,314	10,333	13,981
BANK CHARGES	27	27	0
DUES, SUBSCRIPTIONS, AND FEES	6,609	407	6,202
IT EQUIPMENT/SOFTWARE	56,202	19,058	37,143
LICENSES/PERMITS	1,055	602	453
OFFICE EXPENSES	24,197	6,877	17,320
INSURANCE	6,758	0	6,758
OPERATING EXPENSE - HEMPHILL PROPERTY	54,952	0	0
FUTURE OF EDUCATION EVENT	69,218	0	69,218
PENALTIES	727	0	0

- TIN:

TY 2024 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	1,454,121	1,454,121	1,454,121
OTHER INVESTMENT INCOME	70	70	70

- TIN:

TY 2024 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	5,295,179	5,615,153

- TIN:

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

TY 2024 OtherNotesLoansRcvblLongSch

Name:

THE MILES FOUNDATION INC

EIN:

75-2739180

Borrower's Name	Relationship to Insider	Original Amount of Loan	Date of Note	Maturity Date	Repayment Terms	Interest Rate	Security Provided by Borrower	Purpose of Loan	Description of Lender Consideration
BRADLEY BIOPIC LLC	NONE	200,000	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
ARTIST GROWTH	NONE	300,000	2021-10	2023-10	INTEREST DUE QUARTERLY, PRINCIPAL DUE AT MATURITY	1200.0000000000 %	ALL ASSETS OF THE BORROWER	WORKING CAPITAL	CASH
WEST TEXAS BORING	NONE	196,558	2022-06	2024-12	INTEREST DUE MONTHLY, PRINCIPAL DUE AT MATURITY	1600.0000000000 %	EQUIPMENT AND CORPORATE GUARANTY	PURCHASE DIGGING EQUIPMENT	CASH

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

THE MILES FOUNDATION INC

EIN:

75-2739180

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
CFO/FINANCIAL CONSULTING	120,000	120,000	0
HUMAN RESOUCES	29,000	12,407	16,593
INVESTMENT MANAGEMENT FEES	86,662	86,662	0
MISCELLANEOUS PROFESSIONAL FEES	22,857	15,544	7,313
EDUCATION CONSULTING FEES	136,250	0	136,250
OIL AND GAS PROFESSIONAL FEES	6,410	6,410	0
PR/COMMUNICATIONS	5,801	0	5,801
TECHNOLOGY SERVICES	13,716	0	13,716

- TIN:

TY 2024 TaxesSchedule

Name:

THE MILES FOUNDATION INC

EIN:

75-2739180

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
FOREIGN TAXES	5,769	5,769	0
PAYROLL TAXES	47,190	16,420	30,770
STATE TAXES	4,283	4,283	0
INCOME TAXES	71,000	0	0
PROPERTY TAXES	5,915	0	0