About Eady Associates

keconstantKermit Eady is the Founder and former President/CEO of the Black United Fund of New York. BUFNY was founded in 1979 as a mechanism to organize the human and financial resources of Black and minority people to participate in their growth, development, and empowerment, by utilizing the operational principles of self-help, mutual aid, volunteerism, and venture philanthropy. Prior to developing BUFNY, Mr. Eady worked for 15 years in the fields of Social Work and Education, holding such positions as Assistant Professor at Medgar Evers College, Director of Admissions and Recruitment at the Norfolk State University Graduate School of Social Work, and Manager with the City of New York. As the leader of BUFNY, Mr. Eady organized and broke through corporate barriers to gain access to workplace charitable solicitation. His efforts led the self-help organization to a high level of participation in payroll deduction systems at such corporations as IBM, New York Telephone (Verizon), AT&T and Bell Laboratories (Lucent Technologies). He also organized access to payroll deduction systems in City, State, County and Federal agencies of New York: the New York City Combined Municipal Campaign (CMC) and Board of Education, City University of New York (CUNY) system, New York City Housing and Transit Authorities, Carver Bank, Inner City Broadcasting Corporation, Greater Harlem Nursing Home, Edwin Gould Children Services, Health and Hospitals Corporation, E. G. Bowman Company, Tri-borough Bridge and Tunnel Authority, Port Authority of New York and New Jersey, New York State Employee Federated Appeal (SEFA), Westchester and Nassau Counties, Bronx-Lebanon Hospital, North General Hospital in Harlem, and others. Millions of people all over the country now benefit and have greater freedom of choice due to Mr. Eady’s pioneering efforts through the thousands of charitable organizations that followed his lead into the payroll deduction marketplaces. Hundreds of thousands of employees have also benefited in expanded workplace options for giving. Consequently, millions of dollars are now being given to non-traditional, as well as mainstream organizations. From 1989 through 1991, Mr. Eady led BUFNY to become the first organization other than United Way, to manage the Combined Federal Campaign in New York City and set record-breaking results by raising over $6 million for over 1,500 charities. Under Mr. Eady’s leadership, BUFNY maintained its commitment to the empowerment of Black people and other communities by providing financial and technical assistance in excess of $15 million to over 2,000 community-based organizations. BUFNY helped save over $540,000 in Black-owned land in the Sea Islands of South Carolina, and developed housing for low and moderate-income families in response to the urging of contributors and their support of the expansion of BUFNY’s commitment to economic development.

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