This fund was established by the estate of Elizabeth M. Eddy in 2004 for the purpose of supporting applied cultural anthropology in the Department of Anthropology in the College of Liberal Arts and Sciences.

Eddy graduated from Wellesley in 1947 and from Columbia University in 1961. At UF, she was the director of the Urban Studies Bureau from 1967 to 1972 and a member of the anthropology department at the University of Florida from 1971 until her retirement as a professor emeritus in 1984. Eddy was the author of numerous articles and three books. She also served as a consultant to various programs related to education and as an editor for several books and journals.

Eddy passed away on February 6, 2004 at the age of 78. She is survived by her sister and niece.