Menu Close


Dermody Properties Grants a $5,000 Annual Thanksgiving Capstone Award to the St. Mary’s Food Bank

We have announced the recipients of the annual Dermody Properties Thanksgiving Capstone Award to the St. Mary’s Food Bank (SMFB), an organization that helps feed hungry families throughout Phoenix and nine Arizona counties, has received $5,000 to assist in its mission to end hunger across the state.

One in six Arizonans struggles with hunger each day of the year. One in four Arizona children in the state isn’t getting three meals a day. Now celebrating its 54th year feeding Arizona’s hungry, St. Mary’s Food Bank believes that these numbers can change if others take action and help support food banks.

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, Douglas A. Kiersey, Jr., President of Dermody Properties, specifically designated SMFB as a recipient.

“While many families are returning to normal this holiday season, there are still hundreds of thousands of Arizona residents who will continue to experience food insecurity,” said Kiersey. “I am proud of my colleagues at Dermody Properties who join me in recognizing this and that we are able to play an important role by contributing to a deserving organization like SMFB.”

“St. Mary’s Food Bank is an extraordinary organization that clearly has the best interest of the community in mind,” said Pat Gallagher, Southwest Region Partner at Dermody Properties. “It’s an honor to be able to assist the organization in its ongoing efforts to end hunger, knowing that countless families will benefit from its programs and services.”

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 Dermody; President Douglas A. Kiersey, Jr.; Partner and Chief Capital Officer Kathleen 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 allows our company to help organizations who are truly making a difference in the lives of people in need,” said Dermody. “We are pleased to support SMFB and recognize their efforts to build better lives for the millions of Americans affected by food insecurity.”

Dermody Properties has selected six additional recipient organizations and will award $25,000 to the Food Bank of Northern Nevada in Sparks, Nev.; $5,000 each to Feeding America of Riverside & San Bernardino in Riverside, Calif., Saint Alphonsus Liguori Food Pantry in Prospect Heights, Ill. and Catholic Charities of Northern Nevada in Reno, Nev.; and $2,500 each to the North Texas Food Bank in Plano, TX and the National Alliance on Mental Illness (NAMI) of Texas in Austin, TX.

Featured Project

1501 Harris Road

596,712 Total SF | 335,340 Available SF
Chicago | IL
View Property

Featured Project

19730 NE Sandy Boulevard

294,536 Total SF | 184,866 Available SF
Portland | OR
View Property

Featured Project

LogistiCenterSM at West Sacramento, Building 2

267,053 Total SF | 109,766 Available SF
Sacramento | CA
View Property