CME Group Foundation is a private corporate foundation established in 2008 and based in Chicago, Illinois. The foundation was created with an initial endowment of $16 million from the Chicago Mercantile Exchange Trust (CME Trust), which continues to make annual contributions to support its grantmaking activities. The foundation works to advance the economy by supporting education from cradle to career, with a particular focus on improving outcomes for low-income and at-risk students.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$6.7M
+11.0% YoY
Grant Count
148
+5.0% YoY
Avg Grant Size
$46K
+5.7% YoY
Mission & Focus Areas
Mission: CME Group Foundation works to advance the economy by supporting education from cradle to career.
The foundation supports transformative solutions through:
- Driving systems transformation through collaboration and strategic partnerships
- Nurturing new or proven programs, research and development
- Empowering innovative partners
Primary Focus Areas:
- Early Childhood Education – Kindergarten readiness and preparation for low-income students, with emphasis on increasing assessment scores for Black, Latinx, and low-income children
- K-12 Education – Effective education that prepares disadvantaged students for success in college and career
- College to Career Success – Preparing university students for careers in financial services and risk management
- Violence Reduction and Intervention
- Special Opportunities – Including sports, arts, health, and homelessness initiatives
Approximately 90 percent of annual grants focus on the three education level categories.
Grantmaking
CME Group Foundation has very focused priorities and does not accept unsolicited grant proposals. The foundation encourages potential grantees to reach out to discuss their projects, though grants are made by invitation.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily supports education in the Chicago region and Illinois, though it also makes grants in the District of Columbia and New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $63,836,901
- Total Revenues: $11,247,059
- Total Expenses: $7,186,869
- Total Giving: $6,739,500
As of 2023:
- Total Assets: $59.2 Million
- Total Revenues: $6.19 Million
- Total Expenses: $6.46 Million
- Total Liabilities: $111,000
Tax Status: 501(c)(3) private grantmaking foundation; tax-exempt since July 2008; EIN 45-0575574
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Executive Director: Eva Giglio
Media Contact: Lauren Whalen (lauren.whalen@cmegroup.com)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES P CAREY | CHAIRMAN | 1 | — |
| TERRENCE A DUFFY | VICE-CHAIRMAN | 1 | — |
| HOWARD J SIEGEL | SECRETARY/TREASURER | 1 | — |
| EVA GIGLIO | EXECUTIVE DIRECTOR | 1 | — |
| DANIEL GLICKMAN | TRUSTEE | 1 | — |
| TERRY L SAVAGE | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
Launched a $2 million grantmaking initiative to support mental health of young women and girls in Chicago
CME Group Foundation Launches $2 Million Grantmaking Initiative to SupportAwarded $360,000 in scholarships to first-generation college students in Illinois
CME Group Foundation Awards $360k in Scholarships to First Generation CollegeAwarded 2024 higher education scholarships to historically underrepresented students
CME Group Foundation Awards 2024 Higher Education Scholarships to HistoricallyAwarded nearly $3 million in grants to support kindergarten readiness and K-12 programming in Chicago and Illinois
CME Group Foundation Launches $2 Million Grantmaking Initiative to SupportSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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