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Annual Dermody Properties Capstone Award Provides $50,000 to the Food Bank of Northern Nevada and BrainUp

We’re pleased to announce the recipients of our 2018 Annual Dermody Properties Capstone Award. The Food Bank of Northern Nevada (FBNN) of Reno, Nev. and BrainUp of Frankfort, Ill., will each receive $25,000 to assist in their efforts during the holiday season. The Dermody Properties Capstone Award is presented each year to help nonprofit organizations address the increased need they experience during the holidays.

Food Bank of Northern Nevada

Again this year, FBNN will use its award to help fund its School Pantry program to develop and stock food pantries in schools throughout the Washoe County School District. There are currently 21 school pantries operating in Washoe County. As part of the School Pantry program in 2017, FBNN distributed nearly 250,000 pounds of food to help over 3,800 students and their families have consistent access to healthy food. Students will take home nutritious food packages to help feed families and to ensure that children can come to school better nourished and ready to learn. Interested parties can help further the work of the FBNN’s School Pantry program by donating at


“At Dermody Properties, sharing our success and giving back to our communities is a vital part of our mission, our philosophy and our vision for the future,” said Michael Dermody, Chairman and CEO of Dermody Properties. “The Dermody Properties Annual Capstone Award has become a tradition and is a meaningful way for us to support the communities in which we do business, especially during the holiday season when there is even more need. This year we are pleased to continue our support of FBNN’s School Pantry program to ensure students and families have access to the food and nutrition they need.”

BrainUp works tirelessly with physicians and research professionals to one day find a cure for brain cancer. This year Dermody Properties presented $25,000 to BrainUp as part of its 3rd annual BrainUp 5K Run/Walk in Chicago to help fund brain cancer research efforts. More information, including how to donate, can be found at

“All of our Capstone Awards hold special meaning for us, and the award to BrainUp this year is no exception,” said Michael Dolan, Midwest Region Partner for Dermody Properties. “Our longtime friend and general counsel in Chicago lost a valiant fight to brain cancer. It was an honor to support his family in their walk and to present BrainUp with the Capstone Award to further their important work in brain cancer research.”


The Dermody Properties Annual Capstone Award is uniquely directed by the executive management committee of Dermody Properties, which includes CEO and Chairman Michael Dermody; President Douglas A. Kiersey, Jr.; Chief Financial Officer Douglas Lanning; Chief Capital Officer Kathleen Briscoe; Chief Operating Officer Elizabeth Kauchak; and Chief Acquisition Officer Timothy Walsh.

About the Food Bank of Northern Nevada

The Mission for the Food Bank of Northern Nevada is: Feeding the hungry today and solving hunger for tomorrow through community partnership. The Food Bank is a food distribution system that provides more than 14.1 million meals annually through a network of 140 partner agencies and six direct service programs. There are approximately 95,000 people per month who receive support from the Food Bank of Northern Nevada and they cover a service area spanning 90,000 square miles. Approximately half of those served by the Food Bank of Northern Nevada are children and seniors.

About BrainUp

BrainUp is an organization dedicated to bringing awareness to brain cancer – a disease that doesn’t get the attention it deserves. BrainUp activates community involvement and engagement through fundraising events, and works tirelessly with physicians and research professionals to one day find a cure.

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