Dermody Properties Thanksgiving Capstone Award Provides $50,000 to Food Banks across the Country

Dermody Properties has announced the recipients of its annual Dermody Properties Thanksgiving Capstone Award. In Nevada, where Dermody Properties is headquartered, the Food Bank of Northern Nevada (FBNN) will receive $25,000 to assist with its School Pantry program.

In addition to the gift provided to FBNN, Dermody Properties is presenting Dermody Properties Thanksgiving Capstone Awards of $5,000 to food banks in Chicago, Ill.; Louisville, Ky.; Seattle, Wash. and southern New Jersey. Food Banks in Carlisle, Penn. and Nazareth, Penn. will also receive Dermody Properties Thanksgiving Capstone Awards of $2,500.

The Dermody Properties Thanksgiving Capstone Award is presented each year during the holiday season by the Dermody Properties executive management committee to help food banks address the increased need they experience during the holidays.
 
The award was created by Dermody Properties as a way to provide extra help to the food insecure during this time of year.

 

“As a company, Dermody Properties is fortunate to be able to share its success,” said Michael Dermody, Chairman and CEO of Dermody Properties. “Philanthropy is a value embedded in the company, and the Dermody Properties Thanksgiving Capstone Award has become a tradition. We are pleased to give back to the communities where we do business through this award.”

The Dermody Properties Thanksgiving Capstone Award will help the Food Bank of Northern Nevada deliver 75,000 meals to its School Pantry program, which provides nutritious meals to students and their families at thirteen schools across northern Nevada.

Project SHARE in Carlisle, Penn. will be using the award to fund its annual Christmas Dinner, at which they expect to serve more than 700 people. The Dare to Care food bank of Louisville, Ky. will use the funds to support its Backpack Buddy and Kids Café programs, which provide 2,200 backpacks full of nutritious food and 7,500 hot meals to students weekly.

With their awards, Food Lifeline of Shoreline, Wash., Two Rivers Head Start Agency in Chicago, the Food Bank of South Jersey, and Second Harvest in Pennsylvania’s Lehigh Valley will be able to purchase approximately 138,500 pounds of food to distribute to their communities throughout the holiday season.

“Traditionally, the Dermody Properties Thanksgiving Capstone Award has been a way for Dermody Properties to show our appreciation for the communities where we work and build our facilities,” said Douglas A. Kiersey, Jr., President, Dermody Properties. “This year, we are fortunate to be able to provide awards to seven different food banks across the country. We are proud to support their work to end hunger, and encourage others to do the same this holiday season and throughout the new year.”

 

Michael Dermody, Douglas A. Kiersey, Jr., Douglas Lanning, and Food Bank of Northern Nevada CEO Cherie Jamason speak to a class at Libby Booth Elementary School about the importance of food banks in communities.

The Dermody Properties Thanksgiving Capstone Award is directed by the executive management committee of Dermody Properties, which includes CEO and Chairman Michael Dermody; President and Partner Douglas A. Kiersey, Jr.; Chief Financial Officer Douglas Lanning; Steven A. Karpf.

You can learn more about and donate to each of these food banks at their websites:
Dare to Care Food Bank
Food Lifeline
Food Bank of Northern Nevada
Food Bank of South Jersey
Project SHARE
Second Harvest
Two Rivers Head Start Agency