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The Miles Foundation Inc

Private foundation Fort Worth, TX milesfdn.org Still adding venture funds

The Miles Foundation Inc reports 9 venture funds, $14M in all; 2 are new since its last report.

Holdings are from its Form 990-PF return for the year ending December 31, 2024, compared with the one for December 31, 2023. That is more than a year ago: it may have added or sold funds since. Foundations file up to ten and a half months after their year ends, and the IRS publishes returns months after that. “Still adding venture funds”: 2 funds on this one were not on the one for December 31, 2023.

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Venture funds9of 11 funds listed
In venture funds$14MYear-end value
New on its latest return2Not on its return for December 31, 2023
Total assets$68MYear ending December 31, 2024
Venture funds it reports holding, by the year each fund began
Venture funds it reports holding, by the year each fund beganVenture funds it reports holding, by the year each fund began. 2018: 1; 2019: 1; 2020: 0; 2021: 2; 2022: 4.2018 · Venture funds: 1120182019 · Venture funds: 1120192020 · Venture funds: 0020202021 · Venture funds: 2220212022 · Venture funds: 442022
The numbers
VintageVenture funds
20181
20191
20200
20212
20224

Largest venture holdings

From its Form 990-PF return for the year ending December 31, 2024; “New” is a fund that wasn’t on the return before it.

Fund, as reportedManagerVintageYear-end value
Trust Ventures Fund IITrust Ventures Capital, LLC2019$2.6M
Trust Ventures Fund IIITrust Ventures Capital, LLC2022$1.9M
Learn Capital Fund V Early, LPLearn Capital2022$1.4M
Learn Capital Fund V Growth, LPLearn Capital2022$1.1M
Fund II, a Series of Escondido Ventures, LP—2021$705K

In the app: 4 more venture funds, 2 funds of funds. Open The Miles Foundation Inc in LP Intelligence for every fund it holds and how to reach it, or find the LPs that back firms like yours.

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26 LPs within 100 miles in all: see them on the map.

About this data

Holdings as this foundation lists them on its Form 990-PF (Part II, lines 13 and 15). Amounts are year-end fair market value, or book value where it gives no other, not commitments or returns. As of December 31, 2024; new holdings are those not on its return for the year ending December 31, 2023. Source: IRS Form 990-PF. Funds are linked to a manager by name; a match can be wrong, and the original filing is the record. How Hottub reads its sources.

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