Dermody Properties Foundation Announces 2020 Grant Recipients
We are honored to announce the Dermody Properties Foundation 2020 grant recipients. Among the organizations awarded this year are Nevada Women’s Fund in Reno, Nev., Second Harvest Food Bank in Nazareth, Pa., Center for Enriched Living in Riverwoods, Ill., After-School All-Stars Puget Sound in Tukwila, Wash., Food Bank of Delaware in Newark, Del., and more than 100 other nonprofits in communities across the country. Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector and headquartered in Reno, Nev., established the Dermody Properties Foundation in 1988.
“Sharing our success and giving back to the communities in which we do business is a vital part of our mission, our philosophy and our vision for the future,” said Michael C. Dermody, Chairman and CEO of Dermody Properties. “As Dermody Properties continues to grow, as does our commitment to supporting vital organizations and causes that are making a difference in the communities we serve.”
The Dermody Properties Foundation is entirely employee-managed and funded by the hard work and dedication of all employees at Dermody Properties. The annual grant supports organizations that focus on the arts, education and families, with special emphasis on children, the elderly, the disabled, substance abuse and the homeless.
“The Foundation is managed completely by our employees, and those on the committee are the ones that get to make the funding decisions, which makes these gifts even more special,” said Carol Martin, Marketing Coordinator for Dermody Properties and Administrator of the Dermody Properties Foundation. “Since its inception, the Foundation has donated $3.25 million in funds to nonprofit organizations across the country. It’s an incredibly rewarding experience for all of us each year.”
This year, in light of COVID-19, employees also selected more than 20 organizations to receive a Dermody Properties Foundation COVID Emergency Grant to assist those that provide vital community care such as food, shelter and essential items. Recipients included the Atlanta Children’s Shelter in Atlanta, Ga., Catholic Charities of Northern Nevada in Reno, Nev., New Jersey Pandemic Relief Fund in Morristown, N.J. and Second Harvest Food Bank of Orange County in Irvine, Calif.
“As an organization, we’re honored to be able to recognize outstanding organizations across the country that are going above and beyond to provide support and resources in their respective communities,” said Douglas A. Kiersey, Jr., President of Dermody Properties. “This year has proven to be immensely challenging for so many of these organizations and families everywhere. We feel very fortunate to be able to give back and make a genuine difference for those in need.”
Learn more about the Dermody Properties Foundation, its mission and the 2020 grant recipients here.