Foundation celebrates 30-year anniversary with more than $150,000 donated to nonprofits nationwide
RENO – The Dermody Properties Foundation has announced its 2018 grant recipients. Among the organizations awarded grants are Northern Nevada Food Bank, The Holland Project, Big Brothers Big Sisters of Northern Nevada, Community Health Alliance, Nevada Youth Empowerment Project, Sierra Nevada Journeys, Make-A-Wish Illinois, Mercy Housing Lakefront 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 headquartered in Reno, established the Dermody Properties Foundation in 1988.
“Giving back to our communities is a vital part of Dermody Properties’ mission and philosophy,” said Michael Dermody, Chairman and CEO of Dermody Properties. “We believe it is our responsibility to share our success with the communities we serve. Over the Foundation’s 30-year history, we are pleased to have supported many worthy organizations with nearly $3 million in charitable gifts.”
The Dermody Properties Foundation is entirely employee managed and is funded by the hard work and dedication of all the employees at Dermody Properties.
“Every employee at Dermody Properties is involved in the Foundation,” said Carol Martin, Marketing Coordinator for Dermody Properties and Administrator of the Dermody Properties Foundation. “The Foundation empowers each employee to make a difference where we live and work. It’s simply our way of helping to enhance the lives of those in need and making an impact in our communities.”
The Foundation supports organizations that focus on the arts, education and the family, with special emphasis on children, the elderly, the disabled, substance abuse and the homeless.
“Over the last three decades, the Dermody Properties Foundation has benefitted hundreds of nonprofits and causes across the country,” said Douglas A. Kiersey, Jr., President, Dermody Properties. “Each of these organizations goes above and beyond to help those in need, and we are proud to support them and their meaningful causes.”
About Dermody Properties
Dermody Properties is a privately-owned real estate investment, development and management firm that specializes in the acquisition 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 83 million square feet of industrial space. In addition to its corporate office in Reno, Nev., it has regional offices in northern and southern California, Phoenix, Seattle, Chicago, Pennsylvania/New Jersey and Nevada. For more information visit www.Dermody.com.