Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
DERMODY PROPERTIES FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 7098
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RENO, NV89510
A Employer identification number

94-3086271
B Telephone number (see instructions)

(775) 858-8080
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$1,539
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 223,985
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 223,985 0  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 2,550 0   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion... 2,336 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 1,486 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,372 0   0
25 Contributions, gifts, grants paid....... 220,000 220,000
26 Total expenses and disbursements. Add lines 24 and 25 226,372 0   220,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,387
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,590 1,539 1,539
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow28,027
Less: accumulated depreciation (attach schedule) right arrow28,027 2,336 Click to see attachment
List of Attached Documents:
// Content
0
0
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,926 1,539 1,539
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 3,926 1,539
29 Total net assets or fund balances (see instructions)..... 3,926 1,539
30 Total liabilities and net assets/fund balances (see instructions). 3,926 1,539
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,926
2
Enter amount from Part I, line 27a .....................
2
-2,387
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
1,539
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
1,539
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 0
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNV
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.PARTNERWITHDP.COM/FOUNDATION
14
The books are in care ofright arrowDEVEN THORNE Telephone no.right arrow (775) 335-0160

Located atright arrowPO BOX 7098RENONV ZIP+4right arrow89510
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position
(c) Compensation
(If not paid, enter
-0-)
(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
MICHAEL C DERMODY FOUNDER
2.00
0 0 0
4795 CAUGHLIN PKWY SUITE 100
RENO,NV89519
DOUGLAS KIERSEY JR PRESIDENT
2.00
0 0 0
5500 EQUITY AVE
RENO,NV89502
C DOUGLAS LANNING SECRETARY
2.00
0 0 0
5500 EQUITY AVE
RENO,NV89502
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
0
b
Average of monthly cash balances.......................
1b
1,854
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,854
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
1,854
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
28
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,826
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
91
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
91
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
0
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
91
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
91
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
91
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
220,000
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
220,000
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2023
(c)
2023
(d)
2024
1 Distributable amount for 2024 from Part X, line 7 91
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 154,532
b From 2020...... 219,129
c From 2021...... 199,102
d From 2022...... 218,467
e From 2023...... 229,454
f Total of lines 3a through e ........ 1,020,684
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 220,000
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions).....
0
c Treated as distributions out of corpus (Election
required—see instructions)........
0
d Applied to 2024 distributable amount..... 91
e Remaining amount distributed out of corpus 219,909
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,240,593
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 ..........
0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ...
154,532
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
1,086,061
10 Analysis of line 9:
a Excess from 2020.... 219,129
b Excess from 2021.... 199,102
c Excess from 2022.... 218,467
d Excess from 2023.... 229,454
e Excess from 2024.... 219,909
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
MICHAEL C DERMODY
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
MICHAEL C DERMODY
4795 CAUGHLIN PKWY SUITE 100
RENO,NV89519
(775) 858-8080
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS MUST BE IN WRITING. INCLUDE THE NAME AND DESCRIPTION OF THE APPLICATION ORGANIZATION AND A DETERMINATION LETTER.
cAny submission deadlines:
OCTOBER 1
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
aPaid during the year

BOARD OF CHILD CARE OF THE UNITED METHODIST CHURCH INC DBA EVERSTAND

3300 GAITHER ROAD
BALTIMORE,MD21244
  PC RECREATION EQUIPMENT FOR KIDS SPORTS 1,500

EASTERSEALS NEW JERSEY INC

241 FORSGATE
JAMESBURG,NJ08831
  PC SUPPLIES FOR PROGRAMS FOR INDIVIDUALS WITH DISABILITIES 1,500

EVA'S VILLAGE INC

393 MAIN STREET
PATERSON,NJ07501
  PC FOOD AND HOUSING FOR THOSE IN NEED 1,500

FOOD BANK OF SOUTH JERSEY ML

1501 JOHN TIPTON BOULEVARD
PENNSAUKEN,NJ08110
  PC FOOD FOR THOSE IN NEED 1,500

GLOUCESTER COUNTY HABITAT FOR HUMANITY

425 S BROADWAY
PITMAN,NJ08071
  PC AFFORDABLE HOUSING FOR UNDERSERVED FAMILIES 1,250

HIGH HOPE INTERNATIONAL HELP

2014 BRIGGS STREET
HARRISBURG,PA17103
  PC FOOD/WATER/SHELTER FOR HOMELESS 1,500

LITERACY VOLUNTEERS OF MORRIS COUNTY INC

16 ELM STREET
MORRISTOWN,NJ07960
  PC LEARNING MATERIALS FOR TUTORS AND STUDENTS 1,000

MEALS ON WHEELS OF SALEM COUNTY INC

PO BOX 888
ELMER,NJ08318
  PC FOOD FOR THOSE IN NEED 1,500

OASIS - A HAVEN FOR WOMEN & CHILDREN INC

59 MILL STREET
PATERSON,NJ07501
  PC SUPPORT FOR AFTER SCHOOL ACTIVITIES FOR KIDS IN NEED 1,500

PARENT TO PARENT ADDICTION SERVICES INC

325B WEST WASHINGTON AVENUE
WASHINGTON,NJ07882
  PC INITIAL SOBER LIVING FEE FOR THOSE IN RECOVERY PROGRAM 1,500

RECOVERY HOUSE OF WORSHIP YORK PA

682 WALLACE STREET
YORK,PA17403
  PC MATERIALS NEEDED FOR THOSE RECOVERING FROM ADDICTION 1,500

URBANPROMISE MINISTRIES INC

PO BOX 1479
CAMDEN,NJ08105
  PC KIDS SUMMER CAMPS 1,750

VICTORIA CIARA FOUNDATION INC

PO BOX 137
ALLOWAY,NJ08001
  PC FAMILY EXPENSES FOR THOSE WITH CHD 1,000

VISION TO LEARN

108 PATRIOT DRIVE STE A
MIDDLETOWN,DE19709
  PC MOBILE CLINIC NEEDS FOR VISION SCREENINGS 1,500

WINTER4KIDSNATIONAL WINTER ACTIVITY CENTER

44 BREAKNECK ROAD
VERNON,NJ07462
  PC PROGRAM FUNDING FOR KIDS PROGRAMS 1,750

YMCA OF THE PINES - GLOUCESTER COUNTY YMCA

235 E RED BANK AVENUE
WOODBURY,NJ08096
  PC YMCA FACILITY IMPROVEMENTS FOR KIDS PROGRAMS 1,750

YORK COUNTY LITERACY COUNCIL

1416 6TH AVENUE
YORK,PA17403
  PC SUPPLIES FOR LANGUAGE PROGRAMS 1,500

ABOVE AND BEYOND FAMILY RECOVERY CENTER

2942 W LAKE STREET
CHICAGO,IL60612
  PC FUNDS TO RESTORE THE GARDEN ESSENTIAL TO THE MENTAL HEALTH OF PATIENTS. 1,341

BIG BROTHERS & BIG SISTERS OF KENTUCKIANA INC

1519 GARDINER LANE STE B
LOUISVILLE,KY40218
  PC FUNDS FOR THREE LAPTOPS FOR YOUTH SERVICES. 2,502

BRIGHTON CENTER INC

PO BOX 325
NEWPORT,KY41072
  PC 35 MONTHLY BUS PASSES ($66/PASS) WITH TRANSIT AUTHORITY OF NORTHERN KY 2,657

FAMILY SERVICE CENTER OF WILMETTE GLENVIEW NORTHBROOK KENILWORTH

191 WAUKEGAN ROAD STE 206
NORTHFIELD,IL60093
  PC THE FRIEND OF FSC SPONSORSHIP DONATION WILL GO TO THE HIGHEST NEED AREA TO SUPPORT THE COMMUNITY AND FSC FAMILIES. 3,000

GIFT OF ADOPTION FUND INC

1200 SHERMER ROAD STE 111
NORTHBROOK,IL60062
  PC THE FUNDS WILL BE DIRECTED TO COMPLETE THE ADOPTION OF A PARTICULARLY VULNERABLE CHILD 3,000

GIGI'S PLAYHOUSE FOX VALLEY

4024 FOX VALLEY CENTER DRIVE
AURORA,IL60504
  PC THE FUNDS WILL BE BUSED FOR 10 STUDENTS/12 WEEK SESSION TO BE ADDED TO THEIR LITERACY PROGRAM. 2,500

HARBOR HOUSE OF LOUISVILLE INC

2233 LOWER HUNTERS TRACE
LOUISVILLE,KY40216
  PC FUNDS WILL BE USED TO PURCHASE THE 20 LOCKERS. 3,000

THE HEALING PLACE INC

1020 W MARKET STREET
LOUISVILLE,KY40202
  PC FUNDING WILL BE USED TO SUPPORT THE EMERGENCY SHELTER AND DETOXIFICATION UNIT. 3,000

TURNING POINTE AUTISM FOUNDATION

1500 WEST OGDEN AVENUE
NAPERVILLE,IL60540
  PC THE FUNDS WILL BE USED TO PURCHASE SENSORY SWINGS FOR THEIR OCCUPATIONAL THERAPY GYM. 3,000

VOLUNTEERS OF AMERICA MID STATES

570 SOUTH FOURTH STREET STE 100
LOUISVILLE,KY40202
  PC FUNDS WILL BE USED TO PURCHASE GIFT CARDS FOR WALMART, AMAZON, SHEIN; THE CHILDREN SERVICES COORDINATOR WILL WORK WITH EACH CHILD SO THAT THEY CAN PICK OUT THEIR OWN CLOTHES THAT SHE WILL THEN ORDER WITH THE GIFT CARDS. 3,000

YOUTH SERVICES OF GLENVIEW-NORTHBROOK

3080 WEST LAKE
GLENVIEW,IL60025
  PC FUNDS WILL BE USED TO PURCHASE SUPPLIES AND MATERIALS FOR THE PROGRAM. 3,000

AFTER-SCHOOL ALL-STARS

33400 8TH AVE S STE 117
FEDERAL WAY,WA98003
  PC FREE AFTER SCHOOL PROGRAMING FOR YOUTH. 1,500

BANCHERO DISABILITY PARTNERS

13732 MIDVALE AVE STE 202
SEATTLE,WA98133
  PC FUND FOR 20 MARINERS, SEAHAWKS, KRAKEN GAMES FOR THOSE WITH DISABILITES TO ATTEND 1,000

BIG BROTHERS BIG SISTERS OF PUGET SOUND

12600 SE 38TH STREET STE 150
BELLEVUE,WA98006
  PC EDUCATIONAL WORKSHOPS, SPECIAL ACTIVITIES AND SKILL-BUILDING SESSIONS TO SERVE 50 YOUTH-MENTOR MATCHES/100 INDIVIDUALS IN THE PROGRAM 2,500

BOYS & GIRLS CLUBS OF BELLEVUE

209 100TH AVENUE NE
BELLEVUE,WA98004
  PC FUNDS TO SUPPORT STEAM PROGRAMMING WITH FOCUS ON NATIONAL FINE ARTS PROGRAM 1,000

CASA FOR CHILDREN INC

1401 NE 68TH AVE
PORTLAND,OR97213
  PC FUNDS FOR ONGOING SUPPORT AND TRAINING FOR CASA VOLUNTEERS 2,000

SEATTLE CHILDREN'S MUSEUM

305 HARRISON STREET STE 127
SEATTLE,WA98109
  PC FUNDS TO REPLENISH ARTS AND CRAFTS IN THE CORNER WORKSHOP PROGRAM 1,000

CLACKAMAS WOMEN'S SERVICES

256 WARNER MILNE ROAD
OREGON CITY,OR97045
  PC FUND THE ARTS AND YOUTH DEVELOPMENT PROGRAM. 1,000

FULL LIFE CARE

1625 SOUTH COLUMBIAN WAY
SEATTLE,WA98108
  PC SUPPORTING SENIORS WITH COMMUNITY ENGAGEMENT AND COMPANIONSHIP PROGRAMS. 1,500

GIRLS INC OF THE PACIFIC NORTHWEST

4800 S MACADAM AVE STE 309
PORTLAND,OR97239
  PC PROGRAM ACTIVITY SUPPLIES FOR HANDS ON STEM ACTIVITIES, ARTS AND CRAFTS AND WORKBOOKS 1,500

MAKE-A-WISH ALASKA AND WASHINGTON

811 1ST AVE 620
SEATTLE,WA98104
  PC FUNDS FOR THE WISH GRANTING PROGRAM FOR CHILDREN 1,500

MICHAEL ALLEN HARRISON'S PLAY IT FORWARD

P O BOX 25607
PORTLAND,OR97298
  PC FUNDING THE ARTS WITH THE ADDED BENEFIT OF HELPING YOUTH DEVELOPMENT. 1,000

MULTI-SERVICE CENTER

1200 SOUTH 336TH STREET
FEDERAL WAY,WA98003
  PC FUNDS FOR DIRECT CLIENT ASSISTANCE-MOVE-IN COSTS, FAMILY THERAPY AND COACHING, FOOD, CLOTHING, HOUSEHOLD ITEMS 2,000

PORTLAND STATE UNIVERSITY SCHOOL OF BUSINESS CENTER FOR REAL ESTATE SCHOLAR

PO BOX 751
PORTLAND,OR97207
  PC ANNUAL SCHOLARSHIP 1,000

PORTLAND YOUTHBUILDERS (PYB)

4816 SE 92ND AVE
PORTLAND,OR97266
  PC TRANSPORTATION AND MEETING COSTS 500

TAPROOTE THEATRE

PO BOX 30946
SEATTLE,WA98113
  PC SUPPLIES AND MARKETING COSTS FOR BULLYING PREVENTION AT LOW INCOME SCHOOLS 1,000

CASA DE LUZ

PO BOX 15305
LAS VEGAS,NV89114
  PC COST TO REPLACE 50 IPADS FOR YOUTH THAT RESIDE IN UNDER PRIVILEGED AREAS IN LAS VEGAS 3,000

CHILDRENS ADVOCACY CENTER

701 N PECOS ROAD BLDG K-1
LAS VEGAS,NV89101
  PC SUPPORT OF THE COMMUNITY CLOSET AND FOOD PANTRY FOR FOOD, HYGIENE, CLOTHING AND OTHER ESSENTIAL ITEMS FOR CHILDREN AND FAMILIES 1,500

FOSTER KINSHIP

8691 WEST SAHARA AVE
LAS VEGAS,NV89117
  PC ALL FUNDS WILL GO TOWARDS PROVIDING KINSHIP FAMILIES WITH BASIC NEEDS WITHIN THE FIRST 90 DAYS OF BEGINNING TO CARE FOR CHILDREN TO INCLUDE CLOTHES, SHOES, DIAPERS, FOOD/FORMULA, CRIBS/BEDS, CAR SEATS AND TRANSPORTATION ASSISTANCE TO AND FROM APPOINTMENTS 500

MIRACLE FLIGHTS

5740 S EASTERN AVE STE 240
LAS VEGAS,NV89119
  PC FUNDS WILL PRIMARILY BE USED TOWARDS COORDINATING TRAVEL ARRANGEMENTS AND BOOK COMMERCIAL AIRFARE FOR SPECIALIZED CARE 2,500

REBUILDING TOGETHER SOUTHERN NEVADA

611 SOUTH NINTH STREET
LAS VEGAS,NV89101
  PC FUNDS WILL BE USED TO PURCHASE ESSENTIAL MATERIALS AND EQUIPMENT FOR SENIOR HOME REPAIRS 1,000

RONALD MCDONALD HOUSE CHARITIES OF GREATER LAS VEGAS INC

2323 POTOSI STREET
LAS VEGAS,NV89146
  PC FUNDS WILL COVER JUST MORE THAN HALF A YEAR OF FUEL COSTS FOR THE RMHC FAMILY SHUTTLE VAN 3,000

SAFE HOUSE

921 AMERICAN PACIFIC DRIVE 300
HENDERSON,NV89014
  PC PROVIDE FOR THE BASIC NEEDS OF 20 CHILDREN 1,000

THREE SQUARE

4190 NORTH PECOS ROAD
LAS VEGAS,NV89115
  PC PROVIDE FOOD FOR THE ORGANIZATION'S CHILDHOOD NUTRITION PROGRAMS 1,000

UNLV FOUNDATION

PO BOX 451006
LAS VEGAS,NV89154
  PC ANNUAL SCHOLARSHIP 1,500

ALCOHOL AND DRUG AWARENESS PROGRAM

PO BOX 5070
STOCKTON,CA95205
  PC PROVIDES TREATMENT AND HOUSING 1,000

ASSISTANCE LEAGUE OF STOCKTON CA INC

PO BOX 7766
STOCKTON,CA95267
  PC 200 BACKPACKS FILLED WITH PERSONAL CARE AND SCHOOL SUUPLIES 1,000

CARING GAMERS

27 SHIELDS LANE
NOVATO,CA94947
  PC GIVE GAMING SYSTEMS TO KIDS SICK WITH CANCER IN THE HOSPITAL - SERVE ENTIRE N CA AREA 1,500

EMERGENCY FOOD BANK OF STOCKTONSAN JOAQUIN COUNTY

7 WEST SCOTTS AVENUE
STOCKTON,CA95203
  PC SENIOR FOOD DELIVERY PROGRAM 1,000

FAMILY PROMISE OF SAN JOAQUIN COUNTY

6148 GETTYSBURG PLACE
STOCKTON,CA95207
  PC GAS FOR TRANSPORT VAN FOR HOMELESS CHILDREN TO HOST SHELTERS 1,000

LEAVEN KIDS

PO BOX 46
FAIRFIELD,CA94533
  PC SMART BOARD FOR STEM TECHNBOLOGY AT AFTER SCHOOL PROGRAM 1,000

MEALS ON WHEELS OF CONTRA COSTA INC

PO BOX 3195
MARTINEZ,CA94553
  PC MEALS TO SENIORS IN CONTRA COSTA COUNTY 1,000

NEW CREATION HOME MINISTRIES

422 HIBISCUS COURT
EAST PALO ALTO,CA94303
  PC SUPPORT SERVICES FOR AT-RISK PREGNANT WOMEN 1,000

OAKLAND ELIZABETH HOUSE

6423 COLBY STREET
OAKLAND,CA94618
  PC YOUTH DEVELOPMENT, PERFORMANCE ARTS, AND COOKING CLASSES 1,000

OUR HOUSE CAFE DBA PURPLE TREE CAFE

140 B STREET STE 5-233
DAVIS,CA95616
  PC KITCHEN SUPPLIES TO TEACH DISABLED PEOPLE HOW TO WORK IN A KITCHEN 1,500

READING PARTNERS

638 3RD ST
OAKLAND,CA94607
  PC HEADPHONES FOR STUDENT READING PROGRAMS 1,000

REDWOOD EMPIRE FOOD BANK

3990 BRICKWAY BLVD
SANTA ROSA,CA95403
  PC WEEKLY DISTRIBUTION OF HEALTHY FOOD TO FAMILIES IN NEED AT 20 SCHOOLS IN SONOMA COUNTY 1,500

SACRAMENTO LOAVES AND FISHES

PO BOX 13495
SACRAMENTO,CA95813
  PC MEALS AND EDUCATION FOR HOMELESS KIDS 500

SAFEQUEST SOLANO

PO BOX 368
FAIRFIELD,CA94533
  PC PROVIDES FAMILIES WITH GIFTCARDS FOR BASIC SERVICES 1,500

SHORES OF HOPE

110 6TH STREET
WEST SACRAMENTO,CA95605
  PC FOOD AND PERSONAL SUPPLIES TO HOMELESS 1,000

SUNSHINE FAMILY OUTREACH CENTER

4920 KNIGHTSWOOD WAY
GRANITE BAY,CA95746
  PC MOBILE READING TUTORS FOR KIDS LIVING IN POVERTY 500

THE CHILD ABUSE PREVENTION COUNCIL CASA PROGRAM

PO BOX 1257
STOCKTON,CA95201
  PC FOOD, HOUSING, CLOTHING FOR FAMILIES & CHILDREN IN CRISIS 2,000

TRIUMPH MINISTRIES

16105 MATEO STREET
SAN LEANDRO,CA94578
  PC TOYS AND BOOKS FOR CHILDREN IN SUPERVISED VISITATION PROGRAMS 1,000

LAURA'S HOUSE

33 JOURNEY STE 150
ALISO VIEJO,CA92626
  PC FUNDING TOWARDS THEIR 2024 DIRECT PROGRAM SERVICES SUPPLIES. 3,000

SECOND HARVEST FOOD BANK OF ORANGE COUNTY INC

9029 VERNON AVE
MONTCLAIR,CA91763
  PC GRANT WILL BE USED TOWARDS SOURCING AND DISTRIBUTING FOOD. 3,000

STANDUP FOR KIDS OF ORANGE COUNTY

825 MAGNOLIA AVE
CORONA,CA92879
  PC GRANT WILL BE USED TO FUND THE BASIC NEEDS OF MENTORED YOUTH. 3,000

TOGETHER WE RISE DBA FOSTER LOVE

PO BOX 2291
RIVERSIDE,CA92516
  PC GRANT WILL BE USED TOWARDS THEIR LA & OC RAPID RESPONSE PROGRAM, WHICH IS DESIGNED TO HELP THIS UNDERPRIVILEGED DEMOGRAPHIC BY PROVIDING SHELTER AND BASIC NEEDS WHILE THEY SEEK FOR PERMANENT PLACEMENT. 3,000

REBIRTH HOMES

8014 MARINE WAY
IRVINE,CA92618
  PC GRANT WILL BE USED TOWARDS RUNNING THEIR VICTIM TO SURVIVOR PROGRAM COVERING TRANSPORTATION COSTS, BASIC ESSENTIALS, AND ACTIVITIES. 2,000

OPARC

1055 EL CAMINO DRIVE STE E
COSTA MESA,CA92626
  PC GRANT WILL BE USED TOWARDS ART SUPPLIES 1,500

PEPPERMINT RIDGE

10761 LOS ALAMITOS BLVD
LOS ALAMITOS,CA90720
  PC GRANT WILL BE USED TOWARDS SUPPLIES FOR THEIR ACTIVITIES DEPARTMENT 1,500

THE YOUTH CENTER

PO BOX 2737
GARDEN GROVE,CA92843
  PC GRANT WILL BE USED TOWARDS THEIR NEWLY FUNDED GIRLS IN STEM PROGRAM (7 WEEK PROGRAM FOR ELEMENTARY AND EARLY MIDDLE SCHOOL GIRLS). 1,500

THOMAS HOUSE TEMPORARY SHELTER

560 WEST LAMBERT ROAD
BREA,CA92821
  PC GRANT WOULD SUPPORT THE FOOD PORTION (BREAKFAST AND SNACKS) OF THE PROGRAM BUDGET. 1,500

ATLANTA CHILDREN'S SHELTER INC

607 PEACHTREE STREET
ATLANTA,GA30308
  PC BREAK THE CYCLE OF POVERTY FOR FAMILIES FACING HOMELESSNESS BY BUILDING PATHWAYS TO LONG-TERM SELF-SUFFICIENCY AND PROVIDING QUALITY EARLY CHILDHOOD EDUCATION. 3,000

CAMP TWIN LAKES INC

1100 SPRING STREET NW STE 406
ATLANTA,GA30309
  PC SENDING KIDS TO WEEKLONG SUMMER CAMPS AND WEEKEND CAMPS THROUGHOUT THE YEAR. 3,000

CLARKSTON DEVELOPMENT FOUNDATION

PO BOX 529
CLARKSTON,GA30021
  PC TEACHES CHILDREN, ALSO RECRUITS AND TRAINS ADULTS TO SERVE AS TEACHERS IN THE COMMUNITY. 3,000

ELAINE CLARK CENTER FOR THE GROWTH &DEVEL EXCEPTIONAL CHILDREN INC

5130 PEACHTREE BLVD
CHAMBLEE,GA30341
  PC FUNDS WILL SUPPORT THE SCHOLARSHIP PROGRAM FOR SERVICES FOR LOW-INCOME FAMILIES TO COVER TUITION COSTS 3,000

EMPOWR CO

2870 PEACHTREE ROAD NW 915-5827
ATLANTA,GA30305
  PC PURCHASE ONE MACBOOK PRO LAPTOP FOR STUDENTS TO LEARN PROGRAMMING AND PURCHASE THREE REALITY HEADSETS 2,500

FAMILIES AND COMMUNITIES TOGETHER RELIEF - FACT RELIEF

2246 ROSWELL ROAD
MARIETTA,GA30062
  PC CAREGIVING (SKILLED HOME HEALTH CARE) FOR THE EQOL PROGRAM 2,500

SUNRISE DAY CAMPS ASSOCIATION INC

8105 ROBERTS DRIVE
ATLANTA,GA30350
  PC SUMMER DAY CAMP FOR CHILDREN WITH CANCER AND THEIR SIBLINGS 100% FREE OF CHARGE. 3,000

PHOENIX CHILDREN'S HOSPITAL

2929 E CAMELBACK ROAD STE 122
PHOENIX,AZ85016
  PC THERAPEUTIC ARTS PROGRAMS 3,000

RONALD MCDONALD HOUSE CHARITIES OF CENTRAL AND NORTHERN ARIZONA

501 EAST ROANOKE AVENUE
PHOENIX,AZ85004
  PC FUNDS WILL PROVIDE 23 NIGHTS FOR A FAMILY AT RMHC AZ 3,000

SAVING AMY

3117 N 44TH STREET
PHOENIX,AZ85018
  PC SUPPORTING YOUTH IN AFTER SCHOOL PROGRAMS 3,000

UNITED CEREBRAL PALSY ASSOCIATION OF CENTRAL ARIZONA

1802 WEST PARKSIDE LANE
PHOENIX,AZ85027
  PC EXPAND FACILITY AND PURCHASE NEW EQUIPMENT FOR KIDS PROGRAMS 3,000

VALLEY OF THE SUN YMCA

350 N FIRST AVENUE
PHOENIX,AZ85003
  PC AFTER SCHOOL PROGRAMS INCLUDING STEAM ENRICHMENT 3,000

WASTE NOT INC

1700 N GRANITE REEF ROAD
SCOTTSDALE,AZ85257
  PC FUNDS FOR FUEL AND VOLUNTEER GAS CARDS 3,000

WESLEY COMMUNITY CENTER INC

1300 S 10TH STREET
PHOENIX,AZ85034
  PC HEALTH PROGRAMS FOR INNER CITY RESIDENTS AND FAMILIES 2,000

AMPLIFY LIFESPECIAL RECREATION SERVICES INC

PO BOX 7178
RENO,NV89510
  PC 3 SCHOLARSHIPS FOR FAMILIES TO SEND CHILDREN TO LOTSAFUN SUMMER CAMP 2025 3,000

BRISTLECONE FAMILY RESOURCES CENTER

704 MILL STREET
RENO,NV89502
  PC MATERIALS FOR FAMILY RESOURCE PROGRAMS 1,900

DOWN SYNDROME NETWORK OF NORTHERN NEVADA

1301 CORDONE AVE STE 114
RENO,NV89502
  PC FUNDS FOR KIDS TO HANG OUT WITH ADULTS AND PLAY GAMES, ETC 1,500

EDDY HOUSE

888 WILLOW STREET
RENO,NV89502
  PC FUNDS FOR EMERGENCY SHELTER AND DROP-IN CENTER PROJECT COSTS 3,000

JUSTIN HOPE FOUNDATION

1301 CORDONE AVE STE 128
RENO,NV89502
  PC VOCATIONAL TRAINING 2,420

SENIORS IN SERVICE

1380 GREG STREET 231
SPARKS,NV89431
  PC VOLUNTEER EXPENSES TO SUPPORT THE FOSTER GRANDPARENT PROGRAM 2,500

UNITED CEREBRAL PALSY OF NEVADA

740 FREEPORT BLVD STE 101
SPARKS,NV89431
  PC SUPPORT ART THERAPY ONCE A WEEK FOR 6 MONTHS FOR 15 INDIVIDUALS 1,680

ASHLEES TOY CLOSET INC

2145 LENTICULAR DRIVE
SPARKS,NV89441
  PC TOYS FOR CHILDRENS WHO HAVE EXPERIENCED LOSS DUE TO NATURAL DISASTER AND/OR FIRES. 500

AWAKEN INC

PO BOX 40625
RENO,NV89504
  PC ENHANCE YOUTH PROGRAMMING THROUGH THE AEC, YOUTH SUMMER PROGRAM AND YOUTH ACHIEVEMENT GROUP. 1,000

BIG BROTHERS BIG SISTERS OF NORTHERN NEVADA

600 MILL STREET
RENO,NV89502
  PC HOLIDAY PARTY SUPPLIES 1,800

CHILD ASSAULT PREVENTION PROJECT OF WASHOE COUNTY

122 RIDGE STREET STE B
RENO,NV89501
  PC 100 PARENT/TEACHER AWARENESS PACKETS 800

FOR KIDS FOUNDATION

PO BOX 5153
RENO,NV89513
  PC FUND PROGRAM AWARDS FOR AT-RISK CHILDREN 850

GIRLS ON THE RUN-SIERRAS

100 CALIFORNIA AVE STE 10B
RENO,NV89509
  PC SCHOLARSHIP REGISTRATION FOR AFTER SCHOOL PROGRAMING 1,500

NEVADA KIDS FOUNDATION INC

400 SUNSET SPRINGS LANE
SPARKS,NV89441
  PC HYGIENE/TOILETRY ITEMS FOR FOSTERED OR SHELTERED YOUTH 2,000

NEVADA WOODCHUCKS INC

PO BOX 20285
RENO,NV89515
  PC DIRECT COSTS FOR WOODWORKING SUPPLIES AND MATERIALS 900

NEVADA YOUTH EMPOWERMENT PROJECT

1369 FALAND WAY
RENO,NV89503
  PC SOFTWARE SUBSCRIPTION & UPGRADES 1,500

NORTHERN NEVADA YOUTH GOLF FOUNDATION

3550 BARRON WAY
RENO,NV89511
  PC FIRST TEE PROGRAM FOR NO NV 500

QUEST COUNSELING AND CONSULTING INC

6110 PLUMAS STREET
RENO,NV89519
  PC MODERNIZE RECEPTION CHECK-IN WITH 2 IPAD AIRS AND PROTECTIVE CASES 1,250

REDIRECT YOUTH OUTREACH

1270 E PLUMB LANE STE C
RENO,NV89502
  PC BOXING GLOVES FOR YOUTH PROGRAM 900

RENO BIKE PROJECT INC

216 E GROVE STREET
RENO,NV89502
  PC REPLACEMENT PARTS FOR BIKES TO DONATE BACK TO UNDERSERVED IN OUR COMMUNITY 500

SIERRA KIDS FOUNDATION INC

348 MILL STREET
RENO,NV89501
  PC YOUNG CHILDREN WITH AUTISM SPECTRUM DISORDER (ASD) THERAPY SERVICES ACCESS 1,500

THE HOLLAND PROJECT

140 VESTA STREET
RENO,NV89502
  PC EXPENDABLE WORKSHOP/CLASS SUPPLIES AND EVENT COSTS 1,500

ACCESS TO HEALTHCARE NETWORK INC

4001 S VIRGINIA STREET STE F
RENO,NV89502
  PC PATIENT CARE FUNDS CANCER TREATMENT 1,500

ADOPT A VET DENTAL PROGRAM INC

1301 CORDONE AVE STE 100
RENO,NV89502
  PC DENTAL FOR VETERANS, PARTICULARLY DENTURES 3,000

ASSISTANCE LEAGUE OF RENO-SPARKS

PO BOX 7376
RENO,NV89510
  PC BOOKS FOR PRESCHOOLERS 500

CANCER COMMUNITY CLUBHOUSE

1344 DISC DRIVE 220
SPARKS,NV89436
  PC BREAST CANCER - SCHOLARSHIP FUNDS FOR CANCERFIT PROGRAM 1,000

LEAST RESISTANCE TRAINING CONCEPTS INC

11345 SILVER LANE
SILVER SPRINGS,NV89429
  PC PPE FOR RESPONDERS, WILD HORSES IN NV 500

NORTHERN NEVADA CHILDREN'S CANCER FOUNDATION

3550 BARRON WAY 9A
RENO,NV89511
  PC ANNUAL PARTY FOR CHILD CANCER SURVIVORS 2,000

NORTHERN NEVADA WOMEN'S FUND - AMY BIEHL SCHOLARSHIP

770 SMITHRIDGE DRIVE STE 300
RENO,NV89502
  PC ANNUAL SCHOLARSHIP 2,000

REAL CHOICESPREGNANCY COUNSELING CENTER INC

853 HASKELL STREET
RENO,NV89509
  PC PREGNANCY EDUCATION - SPANISH RADIO ADVERTISING 500

RONALD MCDONALD HOUSE CHARITIES NORTHERN NEVADA INC

323 MAINE STREET
RENO,NV89502
  PC BREAST PUMPS AND KITS FOR PATIENTS 1,000

SPREAD THE WORD NEVADA

290 GENTRY WAY STE 6
RENO,NV89502
  PC BOOKS FOR LOW INCOME FAMILIES NO NV 500

TMCC FOUNDATION

7000 DANDINI BLVD RDMT 200J
RENO,NV89512
  PC ANNUAL SCHOLARSHIP 2,000

TRUCKEE MEADOWS PARKS FOUNDATION

50 COWAN DRIVE
RENO,NV89509
  PC EQUIPMENT FOR REC DAYS FOR KIDS 500

UNR FOUNDATION

UNR MAIL STOP 0162
RENO,NV89557
  PC ANNUAL SCHOLARSHIP 1,000

UNITED WAY OF NORTHERN NEVADA AND THE SIERRA

639 ISBELL ROAD STE 460
RENO,NV89509
  PC BOOKS FOR CHILDREN 500

WOMEN AND CHILDRENS CENTER OF THE SIERRAS

3905 NEIL ROAD STE 2
RENO,NV89502
  PC BABY FORMULA PURCHASE 500
Total .................................right arrow 3a 220,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
         
4 Dividends and interest from securities ....          
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............
         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 0 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
0
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow
PTIN
Firm's name Right Arrow
Firm's EIN Right Arrow
Firm's address Right Arrow


Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
DERMODY PROPERTIES FOUNDATION
 
Employer identification number

94-3086271
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
DERMODY PROPERTIES FOUNDATION
 
Employer identification number
94-3086271
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
1
DERMODY PROPERTIES LLC
 
PO BOX 7098
 
RENO, NV89510

$ 3,985


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
2
MICHAEL C DERMODY
 
4795 CAUGHLIN PARKWAY STE 100
 
RENO, NV89519

$ 220,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
DERMODY PROPERTIES FOUNDATION
 
Employer identification number

94-3086271
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
DERMODY PROPERTIES FOUNDATION
 
Employer identification number

94-3086271
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
DERMODY PROPERTIES FOUNDATION
EIN:
94-3086271
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX PREPARATION FEES 2,550 0   0

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 DepreciationSchedule
Name:
DERMODY PROPERTIES FOUNDATION
EIN:
94-3086271
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)
Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
GRANT MANAGEMENT SOFTWARE 2021-03-30 28,027 25,691 SL 3.000000000000 2,336 0    

TY 2024 LandEtcSchedule2
Name:
DERMODY PROPERTIES FOUNDATION
EIN:
94-3086271
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
GRANT MANAGEMENT SOFTWARE 28,027 28,027 0 0


TY 2024 OtherExpensesSchedule
Name:
DERMODY PROPERTIES FOUNDATION
EIN:
94-3086271
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BUSINESS LICENSE 51 0   0
LIABILITY INSURANCE 1,435 0   0


TY 2024 SubstantialContributorsSch
Name:
DERMODY PROPERTIES FOUNDATION
EIN:
94-3086271
Name Address
MICHAEL C DERMODY 4795 CAUGHLIN PKWY SUITE 100
RENO,NV89519