Reno, Nev. – Dermody Properties, a national industrial real estate owner-operator has announced the recipients of the annual Dermody Properties Thanksgiving Capstone Award. One America Appeal for Hurricane Relief (One America Appeal) and the Food Bank of Northern Nevada (FBNN) will each receive $25,000 to assist in their efforts during the holiday season. The Dermody Properties Thanksgiving Capstone Award is presented each year during the holiday season to help nonprofit organizations address the increased need they experience during the holidays.
FBNN will use its award to help fund its School Pantry program, through which FBNN sets up and stocks food pantries in schools throughout the Washoe County School District. There are currently 24 school pantries operating in Washoe County serving approximately 1,687 people every month. Interested parties can help further the work of the FBNN’s School Pantry program by donating at fbnn.org.
One America provides relief to those recovering from the devastating effects of Hurricanes Harvey, Irma and Maria. This year Dermody Properties is presenting $25,000 to One America to assist with their recovery efforts. To date, One America Appeal had raised nearly $40 million in donations. Donations can be made and more information can be found at OneAmericaAppeal.org.
The Dermody Properties Thanksgiving Capstone Award is 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; Dermody Capital President Steven Karpf; and Chief Acquisition Officer Timothy Walsh.
“We are able to help our communities through the Dermody Properties Thanksgiving Capstone Award, which has become a tradition,” said Michael Dermody, Chairman, and CEO of Dermody Properties. “This year we wanted to not only help a local community in which we do business, through the award to FBNN, but we also wanted to help the many communities in the country that have been affected by these devastating hurricanes.”
Dermody will present the award to FBNN President and CEO, Al Brislain on December 8 at the annual Share Your Christmas Drive-by Food Drive. The Dermody Properties Thanksgiving Capstone Award will help the Food Bank of Northern Nevada deliver 75,000 meals through its vital School Pantry program.
About Dermody Properties
Dermody Properties is a privately owned industrial real estate investment, development, and management firm that specializes in acquisitions and development of logistics real estate in strategic locations for e-commerce fulfillment centers, third-party logistics and distribution customers. Founded in 1960, Dermody Properties has invested in more than 70 million square feet of industrial space. To learn more about Dermody Properties visit Dermody.com.
About One America
One America Appeal is still receiving and processing gifts, and has already distributed over $30 million to its five designated funds: the Florida Disaster Fund, the Rebuild Texas Fund, the Hurricane Harvey Relief Fund focusing on the greater Houston area, Juntos y Unidos por Puerto Rico and the Fund for the Virgin Islands. Tax-deductible donations made through OneAmericaAppeal.org are deposited in a special restricted account established by the George H. W. Bush Presidential Library Foundation, a 501c3 organization, to ensure 100 cents out of every dollar given go to assist the recovery from these highly destructive hurricanes.
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.