Two Eagles Foundation Inc

Tomahawk, WI
Tax-exempt since Jan. 2005
EIN: 83-0399899

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$19.9M (2024)

Expenses

$11.9M (2024)

Total Assets

$173M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$19,884,524

Expenses

$11,891,921

Net Income

$7,992,603

Net Assets

$172,661,515

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$255,436	1.3%
Interest Revenue	$308,696	1.6%
Dividends	$4,819,663	24.2%
Sales of Assets	$14,395,671	72.4%
Other Income	$105,058	0.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$10,543,887	88.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$172,661,515
Total Liabilities	$0
Net Assets	$172,661,515

Compensation

Key Employees and Officers	Compensation	Other
Michael W Orlowski (President/Board Member)	$0	$3,153
Doris A Orlowski (Secretary/Board Member)	$0	$0
Michael Navarro (Treasurer/Board Member)	$0	$2,227
Fr John C Anderson (Board Member)	$0	$2,059
Bruce M Essen (Board Member)	$0	$1,359
Scott Swenty (Board Member)	$0	$504
Tony Orlowski (Board Member)	$0	$0
Kim Orlowski (Board Member)	$0	$0
Ken Chapman (Board Member)	$0	$0

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990-PF

Filed on Nov. 8, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$9,516,161

Expenses

$10,989,092

Net Income

-$1,472,931

Net Assets

$164,661,753

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,195,148	54.6%
Interest Revenue	$114,622	1.2%
Dividends	$4,301,749	45.2%
Sales of Assets	-$126,683
Other Income	$31,325	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$9,768,841	88.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$164,661,753
Total Liabilities	$0
Net Assets	$164,661,753

Compensation

Key Employees and Officers	Compensation	Other
Michael W Orlowski (President/Director)	$0	$2,490
Doris A Orlowski (Secretary/Director)	$0	$0
Michael Navarro (Treasurer/Director)	$0	$1,892
Fr John C Anderson (Board Member)	$0	$1,406
Bruce Essen (Board Member)	$0	$1,108
Scott Swenty (Board Member)	$0	$1,114

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990-PF

Filed on Oct. 31, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$6,815,290

Expenses

$9,576,938

Net Income

-$2,761,648

Net Assets

$166,134,684

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,143,422	46.1%
Interest Revenue	$62,461	0.9%
Dividends	$3,514,583	51.6%
Sales of Assets	$73,262	1.1%
Other Income	$21,562	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$8,304,644	86.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$166,134,684
Total Liabilities	$0
Net Assets	$166,134,684

Compensation

Key Employees and Officers	Compensation	Other
Michael W Orlowski (President/Director)	$0	$192
Doris A Orlowski (Secretary/Director)	$0	$0
Michael Navarro (Treasurer/Director)	$0	$0
Fr John C Anderson (Board Member)	$0	$2,598
Bruce Essen (Board Member)	$0	$186
Scott Swenty (Board Member)	$0	$1,308

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990-PF

Filed on Nov. 3, 2023

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2021

Revenue

$126,259,158

Expenses

$6,759,841

Net Income

$119,499,317

Net Assets

$168,834,060

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$119,287,717	94.5%
Interest Revenue	$2,268	0.0%
Dividends	$1,828,293	1.4%
Sales of Assets	$5,108,444	4.0%
Other Income	$32,436	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,080,341	89.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$168,834,060
Total Liabilities	$0
Net Assets	$168,834,060

Compensation

Key Employees and Officers	Compensation	Other
Michael W Orlowski (President/Director)	$0	$212
Doris A Orlowski (Secretary/Director)	$0	$0
Michael Navarro (Treasurer/Director)	$0	$1,188
Fr John C Anderson (Board Member)	$0	$2,471
Bruce Essen (Board Member)	$0	$926
Scott Swenty (Board Member)	$0	$948

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990-PF

Filed on Oct. 21, 2022

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2020

Revenue

$3,283,907

Expenses

$5,747,996

Net Income

-$2,464,089

Net Assets

$63,417,221

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$629,847	19.2%
Interest Revenue	$16,432	0.5%
Dividends	$1,645,656	50.1%
Sales of Assets	$991,972	30.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,186,961	90.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$63,417,222
Total Liabilities	$1
Net Assets	$63,417,221

Compensation

Key Employees and Officers	Compensation	Other
Michael W Orlowski (President/Director)	$0	$0
Doris A Orlowski (Secretary/Director)	$0	$0
Michael Navarro (Treasurer/Director)	$0	$0
Fr John C Anderson (Board Member)	$0	$0
Bruce Essen (Board Member)	$0	$0
Scott Swenty (Board Member)	$0	$0

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990-PF

Filed on Nov. 11, 2021

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2019

Revenue

$3,345,968

Expenses

$7,023,380

Net Income

-$3,677,412

Net Assets

$66,273,443

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$311,701	9.3%
Interest Revenue	$40,628	1.2%
Dividends	$1,722,397	51.5%
Sales of Assets	$1,270,667	38.0%
Other Income	$575	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,521,039	92.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$66,283,416
Total Liabilities	$9,973
Net Assets	$66,273,443

Compensation

Key Employees and Officers	Compensation	Other
Michael W Orlowski (President/Director)	$0	$0
Doris A Orlowski (Secretary/Director)	$0	$0
Michael Navarro (Treasurer/Director)	$0	$0
Fr John C Anderson (Board Member)	$0	$0
Bruce Essen (Board Member)	$0	$0
Scott Swenty (Board Member)	$0	$0

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990-PF

Filed on Nov. 13, 2020

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2018

Revenue

$53,454,445

Expenses

$5,846,335

Net Income

$47,608,110

Net Assets

$70,058,938

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$50,148,796	93.8%
Interest Revenue	$3,084	0.0%
Dividends	$1,587,926	3.0%
Sales of Assets	$1,697,827	3.2%
Other Income	$16,812	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,392,285	92.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$70,058,938
Total Liabilities	$0
Net Assets	$70,058,938

Compensation

Key Employees and Officers	Compensation	Other
David C Orlowski (Director/President)	$0	$0
Michael W Orlowski (Director)	$0	$0
Doris A Orlowski (Director)	$0	$0
Michael Navarro (Director)	$0	$0

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990-PF

Filed on Nov. 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2017

Revenue

$2,544,104

Expenses

$2,907,572

Net Income

-$363,468

Net Assets

$26,264,009

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$359,560	14.1%
Interest Revenue	$2,665	0.1%
Dividends	$745,983	29.3%
Sales of Assets	$1,416,090	55.7%
Other Income	$19,806	0.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,684,219	92.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$26,291,797
Total Liabilities	$27,788
Net Assets	$26,264,009

Compensation

Key Employees and Officers	Compensation	Other
David C Orlowski (Director/President)	$0	$0
Michael W Orlowski (Director)	$0	$0
Doris A Orlowski (Director)	$0	$0
Michael Navarro (Director)	$0	$0

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990-PF

Filed on May 14, 2018

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2016

Revenue

$2,867,579

Expenses

$2,790,777

Net Income

$76,802

Net Assets

$26,627,477

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$814,835	28.4%
Interest Revenue	$2,408	0.1%
Dividends	$723,992	25.2%
Sales of Assets	$1,315,316	45.9%
Other Income	$11,028	0.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,629,579	94.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$26,645,162
Total Liabilities	$17,685
Net Assets	$26,627,477

Compensation

Key Employees and Officers	Compensation	Other
David C Orlowski (President/Director)	$0	$0
Delta C Orlowski (Secretary/Treasurer/Direct)	$0	$0
Michael W Orlowski (Director)	$0	$0
Doris A Orlowski (Director)	$0	$0
Michael Navarro (Director)	$0	$0

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990-PF

Filed on June 5, 2017

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2015

Revenue

$2,673,292

Expenses

$2,815,250

Net Income

-$141,958

Net Assets

$26,920,534

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,512,633	56.6%
Interest Revenue	$1,827	0.1%
Dividends	$734,640	27.5%
Sales of Assets	$399,903	15.0%
Other Income	$24,289	0.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,595,824	92.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$26,943,440
Total Liabilities	$22,906
Net Assets	$26,920,534

Compensation

Key Employees and Officers	Compensation	Other
David C Orlowski (President/Director)	$0	$0
Delta C Orlowski (Secretary/Treasurer/Direct)	$0	$0
Michael W Orlowski (Director)	$0	$0
Doris A Orlowski (Director)	$0	$0
Michael Navarro (Director)	$0	$0

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990-PF

Filed on May 31, 2016

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2014

Revenue

$2,611,812

Expenses

$2,707,792

Net Income

-$95,980

Net Assets

$27,832,872

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,604	0.1%
Dividends	$873,281	33.4%
Sales of Assets	$1,722,270	65.9%
Other Income	$14,657	0.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,505,134	92.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$27,844,772
Total Liabilities	$11,900
Net Assets	$27,832,872

Compensation

Key Employees and Officers	Compensation	Other
David C Orlowski (President/Director)	$0	$0
Delta C Orlowski (Secretary/Treasurer/Direct)	$0	$0
Michael W Orlowski (Director)	$0	$0
Doris A Orlowski (Director)	$0	$0
Michael Navarro (Director)	$0	$0

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990-PF

Filed on July 27, 2015

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2013

Revenue

$1,805,433

Expenses

$2,457,452

Net Income

-$652,019

Net Assets

$27,928,852

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$86,496	4.8%
Interest Revenue	$1,795	0.1%
Dividends	$870,693	48.2%
Sales of Assets	$835,170	46.3%
Other Income	$11,279	0.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,306,204	93.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$27,937,552
Total Liabilities	$8,700
Net Assets	$27,928,852

Compensation

Key Employees and Officers	Compensation	Other
David C Orlowski (President/Director)	$0	$0
Delta C Orlowski (Secretary/Treasurer/Direct)	$0	$0
Michael W Orlowski (Director)	$0	$0
Doris A Orlowski (Director)	$0	$0
Michael Navarro (Director)	$0	$0

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990-PF

Filed on Aug. 6, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$2,382,115

Expenses

$2,321,925

Net Income

$60,190

Net Assets

$28,404,285

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,045,329	43.9%
Interest Revenue	$1,635	0.1%
Dividends	$1,013,462	42.5%
Sales of Assets	$321,644	13.5%
Other Income	$45	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,168,752	93.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$28,404,286
Total Liabilities	$1
Net Assets	$28,404,285

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$2,481,952

Expenses

$2,325,429

Net Income

$156,523

Net Assets

$28,344,096

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$100,000	4.0%
Interest Revenue	$2,185	0.1%
Dividends	$968,636	39.0%
Sales of Assets	$1,419,051	57.2%
Other Income	-$7,920

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,094,811	90.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$28,346,896
Total Liabilities	$2,800
Net Assets	$28,344,096

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Two Eagles Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $19.9M (2024)

Expenses $11.9M (2024)

Total Assets $173M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$19.9M (2024)

Expenses

$11.9M (2024)

Total Assets

$173M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004