KERMIT EADY Founder and former President/CEO Black United Fund of New York
Kermit Eady founded the Black United Fund of New York (BUFNY) 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.
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 many major New York corporations.
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.
Cape Cod Surf
QUOTE: "Mastery and implemention of universal spiritual principles will surely lead to our empowerment."
Inspire Your Friends with Kermit Eady's Black Legends Series Card
In the Media
Cape artist's project delivers a message
The Black Legends Series features Martin's artwork alongside motivational quotes from accomplished black business leaders. A portion of the proceeds from the series will be donated to inner city arts programs.
