Dermody Properties Foundation: Grants for Nevada

OVERVIEW: The Dermody Properties Foundation supports the arts, education, family, children, and the elderly in Nevada and other places where the company does business.

FUNDING AREAS: Arts, education, family, children, the elderly

IP TAKE: This real estate funder will considered unsolicited funding requests. It prioritizes grantmaking that benefits Northern and Western Nevada groups serving vulnerable populations.

PROFILE: Established in 1988, the Dermody Properties Foundation (DPF) is the corporate grantmaking arm of Dermody Properties, which is based in Reno, Nevada. The company’s history dates back to 1960 and has since expanded its footprint to other regions of the country beyond just Nevada. Profits generated by the company employees funded the foundation, which has benefited hundreds of nonprofits and thousands of families. DPF funds local efforts for the arts, education, family, children, and the elderly.

The Dermody Properties Foundation pursues corporate philanthropy in an effort to improve the quality of life for people in the communities the company serves. The arts, education, and families are the top priorities of this funder. However, DPF gives special emphasis to groups that serve children, the elderly, the disabled, the homeless, and people with substance abuse issues. Additionally, DPF gives its Thanksgiving Capstone Award each year to a community organization and scholarships for students to attend the following institutions: Northern Nevada Women’s Fund (Amy Biehl Scholarship), University of Nevada Reno Foundation, University of Nevada Las Vegas Foundation, Truckee Meadows Community College Foundation, Portland State University Foundation, Central Penn College Education Foundation, and the DP Partners Real Estate Scholarship Fund.

Grants range between about $500 and $3,000. Learn more about this funder’s local giving by examining its recent tax records. Grantmaking largely focuses on the Reno area of Nevada. Other areas that the company has a presence and an interest in grantmaking are Morristown, New Jersey; Des Plaines, Illinois; Phoenix, Arizona; Newport Beach, California; Bellevue, Washington; and Atlanta, Georgia. Past local grantees include Northern Nevada Food Bank, Nevada Opera Foundation, and the Boys & Girls Club of Western Nevada.

This foundation accepts unsolicited grant applications from nonprofits. Grantseekers should contact the foundation directly to request an application. DPF mails applications in June, sets an August 1 deadline to receive them back completed, and makes final determinations in November. Direct general questions to the foundation administrator, Carol Martin, at cmartin@dermody.com or 775-858-8080.

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