"The Thanksgiving Capstone Award allows our company to help organizations who are truly making a difference in the lives of people in need,” says company chairman and CEO Michael Dermody.
Courtesy Photo
Reno-based real estate investment firm Dermody Properties recently announced the recipients of its annual Thanksgiving Capstone Award, with the Food Bank of Northern Nevada (FBNN) receiving the top award of $25,000.
Among other things, the grant will support the food bank’s Mobile Harvest program, which helps children and families, specifically, to obtain fresh fruits and vegetables and other perishable items, according to a Dec. 3 press release.
“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,” Michael Dermody, Chairman and CEO of Dermody Properties, said in a statement. “We are pleased to continue our support of the Food Bank of Northern Nevada and recognize its efforts to fight hunger and food insecurity within our most vulnerable populations.”
The award is directed each year by the executive management committee of Dermody Properties, which includes 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.
This year, Dermody Properties selected six additional nonprofits to receive smaller awards: Catholic Charities of Northern Nevada in Reno; Feeding America of Riverside & San Bernardino in Riverside, California.; St. Mary’s Food Bank in Phoenix; and Saint Alphonsus Liguori Food Pantry in Prospect Heights, Illinois, each receive $5,000, while $2,500 goes to the North Texas Food Bank in Plano, Texas, and the National Alliance on Mental Illness (NAMI) of Texas in Austin, Texas.
