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
Under IRS private-foundation payout rules, Dermody Properties Foundation reported a distributable amount of $91 for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Family Service Center of Wilmette Glenview Northbrook Kenilworth ($3,000), Gift of Adoption Fund Inc ($3,000), Harbor House of Louisville Inc ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOARD OF CHILD CARE OF THE UNITED METHODIST CHURCH INC DBA EVERSTAND BALTIMORE, MD | RECREATION EQUIPMENT FOR KIDS SPORTS | $1,500 |
| EASTERSEALS NEW JERSEY INC JAMESBURG, NJ | SUPPLIES FOR PROGRAMS FOR INDIVIDUALS WITH DISABILITIES | $1,500 |
| EVA'S VILLAGE INC PATERSON, NJ | FOOD AND HOUSING FOR THOSE IN NEED | $1,500 |
| FOOD BANK OF SOUTH JERSEY ML PENNSAUKEN, NJ | FOOD FOR THOSE IN NEED | $1,500 |
| GLOUCESTER COUNTY HABITAT FOR HUMANITY PITMAN, NJ | AFFORDABLE HOUSING FOR UNDERSERVED FAMILIES | $1,250 |
| HIGH HOPE INTERNATIONAL HELP HARRISBURG, PA | FOOD/WATER/SHELTER FOR HOMELESS | $1,500 |
| LITERACY VOLUNTEERS OF MORRIS COUNTY INC MORRISTOWN, NJ | LEARNING MATERIALS FOR TUTORS AND STUDENTS | $1,000 |
| MEALS ON WHEELS OF SALEM COUNTY INC ELMER, NJ | FOOD FOR THOSE IN NEED | $1,500 |
| OASIS - A HAVEN FOR WOMEN & CHILDREN INC PATERSON, NJ | SUPPORT FOR AFTER SCHOOL ACTIVITIES FOR KIDS IN NEED | $1,500 |
| PARENT TO PARENT ADDICTION SERVICES INC WASHINGTON, NJ | INITIAL SOBER LIVING FEE FOR THOSE IN RECOVERY PROGRAM | $1,500 |
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.
Frequently Asked Questions
What does Dermody Properties Foundation fund?
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.
How do I apply for a grant from Dermody Properties Foundation?
**Grant Size:** Grants typically range from $500 to $3,000. **Annual Giving:** The foundation distributes approximately $220,000 annually across numerous organizations. In 2025, the foundation granted $220,000 to 134 organizations nationwide. In 2024, it granted $220,000 to 131 organizations. **Scholarships:** The foundation awards more than $7,000 in scholarships annually, including five scholarships each year. **Application Process:** • Applications are available beginning in June • All reque…
Where does Dermody Properties Foundation make 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.
What size grants does Dermody Properties Foundation award?
In 2024, Dermody Properties Foundation awarded 130 grants totaling $220K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Dermody Properties Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Dermody Properties Foundation reported a distributable amount of $91 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Dermody Properties Foundation's EIN?
Dermody Properties Foundation's EIN (Employer Identification Number) is 94-3086271. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Dermody Properties Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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