Two Bear Air Rescue Foundation
Two Bear Air Rescue Foundation is a private foundation focused on Public Safety, Disaster Preparedness & Relief, based in KALISPELL, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.0M in total assets. In 2024, it made $5.2M in qualifying distributions. Net investment income was $828K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.0M
-11.9% YoY
Revenue
$928K
+38.9% YoY
Qualifying Distributions
$5.2M
+46.0% YoY
Expenses
$3.8M
-15.2% YoY
About Two Bear Air Rescue Foundation
Based on IRS filings
Two Bear Air Rescue Foundation is a private foundation focused on Public Safety, Disaster Preparedness & Relief, based in KALISPELL, MT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.0M in total assets. In 2024, it made $5.2M in qualifying distributions. Net investment income was $828K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,006,793 | $24,971,894 | $28,772,283 |
| Revenue | $927,942 | $667,907 | $21,793,084 |
| Expenses | $3,800,036 | $4,481,060 | $8,246,868 |
| Qualifying Distributions | $5,163,932 | $3,536,259 | $4,449,262 |
| Net Investment Income | $827,678 | $576,410 | $20,399,476 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL GOGUEN | PRESIDENT/DIRECTOR | 4 | — |
| MICHAEL PETERS | SECRETARY/VP/DIRECTOR | 4 | — |
| KAREN VALLADAO | TREASURER/DIRECTOR | 0.25 | — |
| RICHARD HEGGER | DIRECTOR | 4 | — |
| ROBERT CHEROT | DIRECTOR | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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