the Miles Foundation

Name

the Miles Foundation

Legal name

The Miles Foundation

Website

https://milesfdn.org

Company type

Private

Founded year

1997

Operating status

Operating

Ownership category

akta.pro rank

Product category

Philanthropic Education Foundation

NAICS

Grantmaking Foundations (813211), Educational Support Services (611710), Child and Youth Services (62411)

SIC

Services-Educational Services (8200), Services-Child Day Care Services (8351), Services-Social Services (8300)

akta.pro primary industry

Education Grantmaking Foundations (BPAGAKAK)

akta.pro secondary industries

Early Childhood Education & Childcare Nonprofits (BPAGADAA), After-School, Tutoring & Academic Enrichment Nonprofits (BPAGADAC), College Access, Scholarships & Student Success Nonprofits (BPAGADAE)

Keywords

• Education grantmaking
• Philanthropic foundation
• Early childhood education
• Community grant programs
• Education nonprofit funding

Headquarters

HQ city

Texas

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Foundation Endowment & Investment Income: The Miles Foundation operates as a private philanthropic foundation, generating revenue through its endowment and investment portfolio. The foundation was established with assets from founder Ellison Miles' oil and gas business, Miles Production Company, and continues to grow through prudent investment management.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

The Miles Foundation is a private 501(c)(3) nonprofit foundation that makes grants and investments in education, with a primary focus on early childhood education in Tarrant County and North Texas. It funds 501(c)(3) nonprofits through an invitation-only grants process, partners with VELA Education Fund to offer micro grants of $2,500 to $10,000 to nontraditional education entrepreneurs, and operates programs such as the Parent Pass mobile app, the Best Place for Kids and Best Place for Working Parents community initiatives, and the Miles Foundation Early Learning Center at UNTHSC.

Product overview

The Miles Foundation is a nonprofit education foundation that operates as a grant-making organization with several programmatic initiatives. Its core offerings include the VELA micro-grants program for nontraditional education innovators, the Parent Pass mobile application connecting families to community resources, the Best Place for Kids and Best Place for Working Parents community initiatives, and The Miles Foundation Early Learning Center operated in partnership with Lena Pope and UNTHSC. The foundation does not offer a technology platform but rather funds and operates education-focused programs and partnerships.

Differentiator

Problem solved

Functional benefit

Brands

• Best Place for Kids!: A whole-community effort initiative to make Fort Worth the best place for children and working parents, encompassing early education programs, family engagement, and workforce support.
• Best Place for Working Parents
• VELA (Tarrant County Partnership)
• Parent Pass
• The Miles Foundation Early Learning Center at UNTHSC

Products and services

• Parent Pass App A first-of-its-kind all-in-one mobile application co-designed by The Miles Foundation with local Tarrant County families, connecting every parent and caregiver with educational resources, childcare information, and community connections needed for their family to thrive. The app reached 12,000 local users and partnered with 100 community partners.
• VELA Micro Grants Program Partnership program with VELA Education Fund providing micro grants of $2,500 and $10,000 to early-stage everyday entrepreneurs in Tarrant County who are innovating outside the traditional education system, including homeschool co-ops, microschools, and after-school programs. Applications are open to students, parents, teachers, and community leaders.
• Best Place for Kids Initiative A whole-community effort to make Fort Worth the best city for children, engaging businesses and community partners to boost student and family outcomes through collaborative early education initiatives.
• Best Place for Working Parents Public-private partnership supporting children and working families in Fort Worth by promoting family-friendly business practices and connecting parents to workplace resources.
• The Miles Foundation Early Learning Center at UNTHSC A high-quality early childhood development center operated in partnership with Lena Pope and UNT Health Science Center, serving children from 6 weeks to 5 years of age, with 50% capacity dedicated to low-income families. The center uses Lena Pope's evidence-based academic and social-emotional curriculums.

Quantifiable outcome

• Over $200,000 awarded in first year of local partnership for nontraditional educational opportunities
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered core, major and minor.

• Lena PopecoreStrategic or Co-development Partner · 10 September 2018Partnership with Lena Pope to establish The Miles Foundation Early Learning Center at the UNT Health Science Center campus. Lena Pope is an award-winning early learning provider in Fort Worth that operates early learning centers providing quality early learning opportunities for children ages six weeks to five years. The center uses Lena Pope's evidence-based academic and social-emotional curriculums.
• UNT Health Science Center (UNTHSC)coreStrategic or Co-development Partner · 10 September 2018Partnership with UNTHSC to establish The Miles Foundation Early Learning Center at the Fort Worth campus. UNTHSC is one of the nation's premier graduate academic medical centers. The center serves children of UNTHSC staff and students as well as families from the community, with 50% of enrollment prioritized for children from low-income families.
• VELA Education FundcoreStrategic or Co-development PartnerThe Miles Foundation partners with VELA Education Fund to expand educational opportunity in Tarrant County through a micro grants program. VELA is a national nonprofit fund that invests in everyday entrepreneurs - students, parents, teachers, and community leaders - meeting learners' and families' needs with nontraditional approaches to education including homeschool co-ops, microschools, and after-school programs. Micro grants of $2,500 and $10,000 are awarded twice yearly to early-stage entrepreneurs innovating outside the traditional education system in Tarrant County.
• Early Learning AlliancecoreStrategic or Co-development PartnerCollaborative partnership with Early Learning Alliance (ELA), a coalition of over 50 entities including nonprofits, businesses, foundations, and government leaders working to improve and align local systems and practices for early childhood education in Tarrant County.
• Raising of Fort WorthcoreStrategic or Co-development PartnerThe Miles Foundation sponsors and leads the Raising of Fort Worth initiative, a community engagement arm focused on early childhood education. The initiative brings together diverse stakeholders including businesses, higher education, government, nonprofits, philanthropy, and healthcare to develop actions supporting quality early learning.
• Tarrant County FamiliescoreStrategic or Co-development PartnerCo-design partnership with Tarrant County families to develop the Parent Pass app, a first-of-its-kind all-in-one resource application designed by local families for local families to connect parents and caregivers with resources for their families to thrive.
• Best Place for KidsmajorStrategic or Co-development PartnerThe Miles Foundation supports the Best Place for Kids initiative, a public-private partnership aimed at making Fort Worth the best city for children and working parents through collaborative community initiatives and business engagement.
• Morningside Parent Engagement Collaborative (PEC)majorStrategic or Co-development PartnerPartnership with The Morris Foundation and The Rainwater Charitable Foundation to support the Parent Engagement Collaborative, working with five nonprofit agencies (AVANCE, The Concilio, Fortress Youth Development Center, The Parenting Center, and NewDay Services) to provide parent engagement services to families with children age 0-5 in Fort Worth's Morningside neighborhood.
• Fort Worth Chamber of CommerceminorGTM or Marketing PartnerCEO Grant Coates serves on the board of the Fort Worth Chamber of Commerce as part of the foundation's community leadership engagement.
• Fort Worth Community Land TrustminorGTM or Marketing PartnerCEO Grant Coates serves on the board of Fort Worth Community Land Trust as part of the foundation's community leadership involvement.
• Philanthropy AdvocatesminorGTM or Marketing PartnerCEO Grant Coates serves on the board of Philanthropy Advocates as part of the foundation's civic engagement.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Barr Foundation: Boston-area foundation with significant investment in early childhood education. Comparable mission focus on early childhood systems and family engagement.
• Walton Family Foundation: National education-focused foundation supporting K-12 and early childhood. Comparable as a much larger, established grantmaker in the same education-focused philanthropic space.
• George Kaiser Family Foundation: Large U.S. foundation focused on early childhood education and vulnerable populations. Comparable in mission emphasis on cradle-to-career early childhood outcomes.
• Sid W. Richardson Foundation: Major Texas foundation funding education, health, and human services across the state. Comparable as a larger, established education funder operating in the same North Texas geography.
• Brown Foundation, Inc. Texas-based foundation funding education and community initiatives. Comparable as a larger, well-resourced Texas education funder with similar community-impact orientation.

Direct peers

• Early Learning Alliance: Tarrant County coalition of 50+ entities improving early childhood systems. Direct peer in early childhood convening and a strategic co-development partner to Miles.
• Rainwater Charitable Foundation: Fort Worth-based family foundation supporting education, character development, and other causes. Direct peer in Tarrant County philanthropy, and an active Miles partner in the Morningside Parent Engagement Collaborative.
• VELA Education Fund: National nonprofit fund investing in nontraditional education entrepreneurs. Direct peer to Miles' grantmaking activity, and an active strategic partner through which Miles distributes micro-grants in Tarrant County.
• The Morris Foundation: Texas-based family foundation with focus areas including education and early childhood. Direct peer in regional Tarrant County grantmaking and a partner alongside Miles in the Morningside PEC.

Emerging players

• Lena Pope: Fort Worth-based nonprofit providing counseling, education, and family services. Comparable as a direct operating partner running the Early Learning Center on Miles' behalf; serves the same Tarrant County families.

Market position

Strengths3 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/themilesfdn
• Facebookfacebook.com/milesfoundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about the Miles Foundation