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Dermody Properties Gifts a $25,000 Annual Thanksgiving Capstone Award to the Food Bank of Northern Nevada

We announced the recipients of our Annual Dermody Properties Thanksgiving Capstone Award. The Food Bank of Northern Nevada will receive $25,000 to support its ongoing programs and services providing wholesome, nutritious food to people in need.

FBNN is a nonprofit organization and a member of Feeding America, the nation’s largest domestic hunger-relief organization, focused on providing emergency food services to families throughout northern Nevada and the eastern slope of the Sierra Nevada in California.

Every year, senior management at Dermody Properties selects the recipients for the annual Thanksgiving Capstone Award with the overall goal of helping nonprofit organizations address the increased need experienced during the holidays.

FBNN will use the funds received from this year’s Thanksgiving Capstone Award to triple donations during its five-day Giving Tuesday campaign, which aims to raise funds to provide 150,000 meals for children in northern Nevada throughout the holiday season.

“Thanks to our generous friends at Dermody Properties and the 2023 Thanksgiving Capstone Award, every dollar donated during this year’s Giving Tuesday donation drive will provide nine meals for children in our community, tripling gifts given during that time frame,” said Nicole Lamboley, President and Chief Executive Officer at FBNN. “Partners like Dermody Properties give our organization the resources we need to continue distributing healthy food to community members in need.”

According to FBNN, one in every nine children in Nevada is considered food insecure, meaning they do not know where their next meal is coming from. The organization helps more than 140,000 people each month, with nearly half of its clients being children and seniors.

“The Thanksgiving Capstone Award gives Dermody Properties the opportunity to support the communities we are part of,” said Michael Dermody, Executive Chairman at Dermody Properties. “We are especially thankful to continue supporting the Food Bank of Northern Nevada as they work to provide food for all Nevadans.”

The Dermody Properties Annual Thanksgiving Capstone Award is selected each year by the executive management committee of Dermody Properties.

A total of 10 community organizations, selected within key markets Dermody Properties works in, will receive Thanksgiving Capstone Awards ranging from $3,750 to $25,000, for a combined $100,000. The nine additional recipient organizations selected by Dermody Properties include North Texas Food Bank in Plano, Texas; Feeding America Riverside in Riverside, California; American Heart Association Food Nutrition Insecurity Program; Rancho Cordova Food Locker in Rancho Cordova, California; Tracy Interfaith Ministries in Tracy, California; Atlanta Community Food Bank in Atlanta, Georgia; Northfield Township Food Pantry in Glenview, Illinois; St. Mary’s Food Bank in Phoenix, Arizona; and The Society of St. Vincent De Paul in Phoenix, Arizona.