Dermody Properties Foundation
The Dermody Properties Foundation is a 501(c)(3) charitable organization established in 1988 by employees of Dermody Properties, a privately-held real estate investment, development, and management firm headquartered in Reno, Nevada. The foundation is entirely employee-managed and funded by profits generated by the company's operations. Dermody Properties specializes in logistics real estate development and has invested more than $10 billion in capital across the nation, acquiring and developing approximately 110 million square feet of logistics and industrial facilities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2K
-60.8% YoY
Annual Giving
$220K
-4.2% YoY
Grant Count
130
-9.1% YoY
Avg Grant Size
$2K
+5.4% YoY
Mission & Focus Areas
The foundation supports organizations involved with arts and culture, education, and family services. Special emphasis is directed toward:
- Children
- The elderly
- The disabled
- Substance abuse prevention and treatment
- Homelessness
The foundation's philosophy centers on sharing the company's success with the communities in which it conducts business.
Grantmaking
Grant Range
** Grants typically range from $500 to $3,000.
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation funds organizations in communities where Dermody Properties conducts business. Recent grant recipients span multiple states including Nevada, California, Arizona, Washington, Oregon, Colorado, Georgia, Illinois, Indiana, Kentucky, New Jersey, Pennsylvania, and Delaware.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Tax-Exempt Status: March 1989
EIN: 94-3086271
Recent Financial Data (2023):
- Revenue: $231,000
- Expenses: $241,000
- Total Assets: $3,930
- Total Liabilities: $0
Cumulative Impact: Since its inception, the Dermody Properties Foundation has donated more than $3.65 million to nonprofits across the country.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,539 | $3,926 | $14,836 |
| Revenue | $223,985 | $231,350 | $226,000 |
| Expenses | $226,372 | $240,837 | $233,266 |
| Qualifying Distributions | $220,000 | $229,550 | $219,493 |
| Net Investment Income | — | — | — |
| Distributable Amount | $91 | $96 | $1,026 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from Dermody Properties Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Taylor Ruepp – Administrator of the Dermody Properties Foundation
- Michael Dermody – Executive Chairman at Dermody Properties
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL C DERMODY | FOUNDER | 2 | — |
| DOUGLAS KIERSEY JR | PRESIDENT | 2 | — |
| C DOUGLAS LANNING | SECRETARY | 2 | — |
Recent News & Activity
Recent developments and announcements
**2025 Grant Cycle:** The foundation announced it is granting $220,000 to 134 organizations nationwide. Notable recipients include the Northern Nevada Children's Cancer Foundation, Nevada Woodchucks, Reno Rodeo Foundation, Seniors in Service, Miracle Flights, S.A.F.E House, StandUp for Kids of Orange County, Kidpower Teenpower Fullpower International, Meals on Wheels of Contra Costa, Fighter Country Foundation, Big Brothers Big Sisters of Puget Sound, CASA for Children, Day Spring Foundation, Camp Twin Lakes, and Veterans Multi-Service Center.
The Dermody Properties Foundation Donates $220,000 to 134 2025 Grant Recipients**2024 Grant Cycle:** The foundation granted $220,000 to 131 organizations, including the Eddy House, Girls on the Run Sierras, Ronald McDonald House Charities, Assistance League of Stockton, United Cerebral Palsy of Central Arizona, Boys & Girls Clubs of Bellevue, Volunteers of America Mid-States, Camp Twin Lakes, and Meals on Wheels of Salem County.
The Dermody Properties Foundation Donates $220,000 to 134 2025 Grant Recipients**2023 Grant Cycle:** Recipients included the Reno Bike Project, Down Syndrome Network, Big Brothers Big Sisters, EyeCare4Kids, Phoenix Children's Hospital Foundation, East Bay Kidpower, Laura's House, BeLoved Atlanta, Niles Township Homeless Respite Center, Home of the Innocents, Kinship House, Neighborhood Center, and Boys & Girls Clubs of Bellevue.
The Dermody Properties Foundation Donates $220,000 to 134 2025 Grant Recipients**2022 Grant Cycle:** The foundation supported organizations including the Nevada Youth Empowerment Project, The Urban Ark, Quiet Storm Foundation, Ronald McDonald House Charities Central & Northern Arizona, BeLoved Atlanta, Food Bank of Delaware, and Shelter, Inc.
The Dermody Properties Foundation Donates $220,000 to 134 2025 Grant Recipients**Notable Initiatives:** The foundation has sponsored two Habitat for Humanity houses with both financial support and volunteer labor from employees.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Dermody Properties Foundation on Grantable?
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