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Dermody Properties Grants a $5,000 Annual Thanksgiving Capstone Award to Feeding America of Riverside and San Bernardino - 2020

We have announced the recipients of our annual Dermody Properties Thanksgiving Capstone Award. Feeding America of Riverside and San Bernardino (FARSB), which provides hunger relief services and emergency food assistance to neighbors in need throughout the Inland Empire, has received $5,000 to assist in its mission to ensure these communities have access to an adequate and nutritious source of food.

Like most nonprofit organizations in 2020, FARSB faced many challenges in their operations due to the pandemic but remained open with limited services to continue to meet the needs of the community. Since March, the organization has adapted to ensure it could continue its mission and has successfully delivered nearly two million pounds of food to more than 210,000 individuals in response to COVID-19. Donations like the Thanksgiving Capstone Award will ensure that FARSB, an essential hunger-relief organization, can continue to provide for Inland Empire residents in need.

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. This year, Kathleen S. Briscoe, Partner and Chief Capital Officer at Dermody Properties and Matt Mexia, Partner in Southern California at Dermody Properties, have specifically designated FARSB as a recipient.

“We feel incredibly fortunate to be able to support extraordinary organizations such as Feeding America so that they can provide assistance to even more people and families experiencing hardship,” said Briscoe. “This year, in particular, has proven to be significantly more challenging for so many, and it’s wonderful to know that more than one hundred thousand people will benefit from this organization’s programs and services every month.”

“As our nation continues to work through this year’s unique challenges, Feeding America continues to ensure basic needs are met in these communities,” said Mexia. “Despite the challenges of the pandemic, the organization continues to go above and beyond to keep the well-being of people and families at the forefront.”

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

“Every year, the Thanksgiving Capstone Award brings our company, our executive team and our communities together to help those organizations who are truly making an impact in the lives of people in need,” said Dermody. “At Dermody Properties, this award has become a tradition to help ensure the communities in which we do business have adequate resources. With the COVID-19 pandemic, we know that now, more than ever, these gifts are critical to people in need. We are pleased to support Feeding America of Riverside and San Bernardino and recognize their efforts to fight hunger and food insecurity among our most vulnerable populations at a time when they need it most.”

Dermody Properties has selected five additional recipient organizations and will award $25,000 to the Food Bank of Northern Nevada in Sparks, Nev. and $5,000 each to the Elmhurst-Yorkfield Food Pantry in Elmhurst, Ill., GRACE in Grapevine, Texas, St. Mary’s Food Bank in Phoenix, Ariz. and the American Heart Association in Newark, Del.