The Dermody Properties Foundation Announces 2024 Grant Recipients
Summary
Funded by profits from the hard work and dedication of Dermody Properties employees, this year the employee-led Foundation is granting $220,000 to 131 organizations nationwide.Among those awarded are the and in Reno, Nevada; in Las Vegas, Nevada; in Costa Mesa, California; in Stockton, California; in Phoenix, Arizona; in Bellevue, Washington; in Louisville, Kentucky; in Atlanta, Georgia; in Elmer, New Jersey; and more than 100 other nonprofit organizations in communities where Dermody Properties does business. ", a diversified private equity investment management company focused exclusively on the national logistics real estate sector, established the Dermody Properties Foundation to empower employees and emphasize community giving. The Foundations focus on the arts, education and family, with a special emphasis on children and the elderly, guides the employee committee which decides how the grant funds are allocated each year. Learn more about the , its mission and this years grant recipients.About Dermody PropertiesDermody Properties is a privately-owned real estate investment, development and management firm that specializes in the acquisition and development of logistics real estate in strategic locations for e-commerce fulfillment centers, third-party logistics and distribution customers. Founded in 1960, Dermody Properties has invested more than $10 billion of total capital across all platforms nationwide, having acquired and developed approximately 110 million square feet of logistics and industrial facilities.