Dermody Properties Foundation
The Dermody Properties Foundation is a private foundation based in Reno, Nevada. Founded in 1988 and funded by profits generated through Dermody employees’ work, it supports nonprofit organizations in communities where Dermody does business, with a focus on arts, education and family and added emphasis on children, older adults, people with disabilities, substance abuse and homelessness.
Dermody Properties Foundation at a glance
In short: Dermody Properties Foundation gave $245K across 137 grants in 2025 (avg $2K), top state California. 60% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $245,000
- +11.4% vs 2024
- Grants made (2025)
- 137
- +5.4% vs 2024
- Average grant
- $1,788
- +5.7% vs 2024
- Median grant
- $1,500
- Total assets
- $2,247
- +46.0% vs 2024
- New grantees (estimate)
- 60% first-time grantees (78 of 130, 2025)
- Primary geography
- California (27% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Dermody Properties Foundation
- How to Apply
-
The foundation’s website says applicants must submit an online grant request, IRS verification of 501(c)(3) status, a board of directors list and a current operating budget. It says applications are evaluated by the foundation administrator, with final decisions made by the board. The 2025 IRS filing instead states that applications must be in writing and include the organization’s name and description and a determination letter. The filing lists no restrictions on awards; the website’s guidelines specify the 501(c)(3) and proximity requirements.
- Review Cycle
- The website’s stated annual deadline is August 1, with applications available June 1. The 2025 IRS filing lists October 1. Both dates are past for the current date; the available information gives differing application instructions.
- Deadline
- The website’s stated annual deadline is August 1, with applications available June 1.
- Contact
Application contact: Michael C Dermody
Mailing address: 4795 Caughlin Pkwy Suite 100, Reno, NV 89519
Phone: (775) 858-8080
Website: https://dermody.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Dermody Properties Foundation
Who Dermody Properties Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was La Disaster Relief American Red Cross ($10K). Together the top 10 received $46K.
Organizations only. It also paid 4 grants to individuals ($7,000), which are not listed by name.
Grant Size Distribution
655 grants across all recorded years
The most common grant size was under $50K: 655 grants of 655 (100%).
Geographic Focus
Where this funder awards grants
The foundation says it supports communities where Dermody does business, and its application guidelines set an approximate 30-mile radius from a current project. In the 2025 filing, the largest shares of grant dollars by recipient state were California (27%), Nevada (26%), Georgia (8%), Arizona (8%) and New Jersey (7%).
Grant Distribution by State
Share of 2025 grant dollars across all 137 itemized grants.
States
Cities
Is Dermody Properties Foundation open to new grantees?
60%
first-time grantees, 2025
In 2025, 78 of 130 grantees (60%) were first-time recipients. First grants averaged $2K; repeat grants $2K. How we count
Medians: $2K first-time, $1K repeat.
- 27% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+12%). Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $201K (2021) to $245K (2025). In 2025 it made 137 grants totaling $245K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| La Disaster Relief American Red Cross Los Angeles, CA | Disaster Relief Funds | $10,000 |
| Los Angeles Regional Food Bank Los Angeles, CA | To Provide Supplies for Food Bank | $10,000 |
| Compton Junior Equestrians Compton, CA | To Support Programming | $5,000 |
| Court Appointed Special Advocates of Mercer County Ewing, NJ | Funds for volunteer recruitment efforts and community recruitment events. | $3,000 |
| Family Promise of Morris County Morristown, NJ | Funds are for moving fees/storage units and move in support for homeless. | $3,000 |
| Sage Eldercare Summit, NJ | Funds for program costs for supporting aging in place services for meals and transportation, etc. | $3,000 |
| Take a Hike West Milford, NJ | Funds are for transportation, shoes, snacks and safety supplies | $3,000 |
| York County Childrens Advocacy Center York, PA | Funds are used for comfort items for kids, snacks for child victims and meals with kids during monthly case reviews. | $3,000 |
| Cals All Star Angel Foundation St Charles, IL | Funds would specifically provide christmas gifts for the child and all siblings as well as a gift card for the family to have a christmas dinner at home. | $3,000 |
| Cancer Wellness Center Northbrook, IL | Funds for the child and family program and would cover the cost of materials and supplies for comfort kits with sensory toys for children to take home. The cost of regular therapy dog visits would also be covered along with additional educational and marketing materials. | $3,000 |
Ready to take the next step with Dermody Properties Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $2,247 | $280,000 | $279,292 | $245,000 | 137 | $245,000 | $197 |
| 2024 | $1,539 | $223,985 | $226,372 | $220,000 | 130 | $220,000 | $91 |
| 2023 | $3,926 | $231,350 | $240,837 | $229,550 | 143 | $229,550 | $96 |
| 2022 | $14,836 | $226,000 | $233,266 | $219,493 | 115 | $219,493 | $1,026 |
| 2021 | $21,020 | $233,000 | $212,420 | $201,000 | 130 | $200,000 | $898 |
| 2020 | $99 | $221,500 | $222,853 | $220,000 | 142 | — | $871 |
Under IRS private-foundation payout rules, Dermody Properties Foundation reported a distributable amount of $197 for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation describes its giving as support for the arts, education and family, with special emphasis on children, older adults, people with disabilities, substance abuse and homelessness. Its application guidelines say applicants must have IRS 501(c)(3) status and be located within approximately 30 miles of a current Dermody project.
Examples of grantees’ own missions illustrate the range of organizations it has supported. The Los Angeles Regional Food Bank says its mission is to mobilize resources to fight hunger; Compton Junior Equestrians says it uses horseback riding to inspire youth and support their development; and Northern Nevada Literacy Council says it provides free adult education and career training. These are the grantees’ descriptions, not statements of the foundation’s mission.
Grantmaking
The 2025 IRS filing reports 137 grants totaling $245,000. Individual grants ranged from $400 to $10,000, with a median of $1,500. The foundation’s guidelines say grants typically range from $500 to $3,000. Among the largest grants reported on the filing were $10,000 to the Los Angeles Regional Food Bank for food-bank supplies and $10,000 to LA Disaster Relief American Red Cross for disaster relief. Other listed awards included $5,000 to Compton Junior Equestrians for programming and $3,000 each to several organizations, including Family Promise of Morris County, Sage Eldercare and Care for Real.
The foundation’s website separately announced $220,000 in grants to 134 organizations in 2025. The 2024 IRS filing reports $220,000 across 130 grants; the foundation’s website announced $220,000 to 131 organizations that year. Its 2025 filing, the latest on this page, reports 137 grants totaling $245,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Michael C. Dermody as founder, Douglas Kiersey Jr. as president and C. Douglas Lanning as secretary. The foundation’s website identifies Taylor Ruepp as foundation administrator.
Dermody Properties Foundation is led by Douglas Kiersey Jr., President on every filing since 2022; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Douglas Kiersey Jr.
President
On filings since 2022
2 hrs/week
No compensation reported
Michael C. Dermody
Founder
On filings since 2020
2 hrs/week
No compensation reported
C. Douglas Lanning
Secretary
On filings since 2022
2 hrs/week
No compensation reported
Former officers (1)
- Former: Bruce Storey (2020–2021) — Founder
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Dermody Properties Foundation
How much does Dermody Properties Foundation give each year?
Dermody Properties Foundation gave $245K across 137 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $220K across 130 grants.
What is Dermody Properties Foundation's typical grant size?
Dermody Properties Foundation's median grant in 2025 was $1,500, and its average grant was $1,788, across 137 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Dermody Properties Foundation that year got $2K on average.
Where does Dermody Properties Foundation give grants?
Dermody Properties Foundation's top state is California, with 27% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Nevada (26%) and Georgia (8%). The most frequent recipient cities were Reno, NV (26 grants), Phoenix, AZ (11 grants), Las Vegas, NV (5 grants) and Louisville, KY (4 grants).
Does Dermody Properties Foundation give general operating support?
Occasionally: 1% of Dermody Properties Foundation's 2025 grants with a stated purpose (1 of 137) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Annual Scholarship Funds" (5 grants).
Who are Dermody Properties Foundation's largest grantees?
Dermody Properties Foundation's largest 2025 grantees include La Disaster Relief American Red Cross ($10,000), Los Angeles Regional Food Bank ($10,000) and Compton Junior Equestrians ($5,000), according to its 2025 IRS Form 990-PF. It also paid 4 grants to individuals ($7,000), which are not listed by name. Together they received 10% of its itemized 2025 grant dollars.
How large is Dermody Properties Foundation?
Dermody Properties Foundation reported $2K in total assets on its 2025 IRS Form 990-PF. It paid out $245K in qualifying distributions that year, against a required minimum of $197 (roughly 5% of its investment assets).
What does Dermody Properties Foundation fund?
The foundation describes its giving as support for the arts, education and family, with special emphasis on children, older adults, people with disabilities, substance abuse and homelessness. See mission & focus areas ↑
How do I apply for a grant from Dermody Properties Foundation?
The foundation’s website says applicants must submit an online grant request, IRS verification of 501(c)(3) status, a board of directors list and a current operating budget. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 26, 2026)
- IRS filings on file for fiscal years 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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Cite this profile
Grantable. (2026). Dermody Properties Foundation funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/dermody-properties-foundation-morg_cdd6648e621d429091d7144200fc1cfb
BibTeX
@misc{grantable_943086271_2026,
author = {{Grantable}},
title = {{Dermody Properties Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/dermody-properties-foundation-morg_cdd6648e621d429091d7144200fc1cfb},
note = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Dermody Properties Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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