CME Group Foundation Grantee Impact – 2018-2019 School Year

We’re pleased to share a summary of the terrific work of our Early Childhood and K-12 Education grantees from the most recently completed school year. Take a look at their accomplishments on our dashboards.

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Foundation Board member Terry Savage visits Al Raby High School

Terry Savage, syndicated personal finance columnist and author, visited Al Raby High School financial education students. The students presented what they were learning in their class. Terry read from her new book, The Savage Truth About Money, 3rd edition, and answered students’ questions, with each student taking home a signed copy.

Watch the visit here



Early Math and Computer Science Grantee Convenings

On December 2, the Foundation held convenings for its Early Math and K-12 Computer Science grantees. Talia Milgrom-Elcott, Founder and CEO of 100K in 10, joined us for both events. At the Early Math meeting, she spoke about her organization’s new publication Doing the Math, Building a Foundation of Joyful and Authentic Math Learning for All Students. CME Group Foundation’s Elementary Math Specialist pilot program is featured in the book, as is grantee Erikson Institute’s Early Math Collaborative. 100K in 10 works with partners from many sectors to address the nation’s STEM teacher shortage. This was the Foundation’s twelfth Early Math grantee convening, but the first for its K-12 Computer Science grantees. With the addition of out of school time computer science grants in 2019, the Foundation welcomed eleven new grantees to share their programs and what they are learning.

Photos from Early Math Convening

Photos from Computer Science convening


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CME Group Foundation Scholars Program 2020 – applications open soon

Launched in 2019, CME Group Foundation Scholars awarded nearly $500,000 to 25 sophomores, juniors and seniors coming from a variety of finance and technology majors for the 2019-2020 school year. These students are under-represented minorities attending seven partner universities, and are interested in careers in financial services. The Foundation welcomed the Scholars to CME Group in August 2019 to learn about the industry, the company and summer internship opportunities. Meet a few of the current Scholars here:



The Foundation looks forward to renewing the scholarships of those students who are continuing on for the 2020-2021 school year and adding 15 new Scholars to the program. Applications open February 7.

More information here



Congratulations to our 4th Quarter 2019 grantees

College and Career Success

  • Better Future Forward – $25,000 to support general operations
  • Empower Illinois – $25,000 to support The Future of Illinois project
  • Scholarship America – $700,000 to support CME Group Foundation Scholars 2020-2021
  • UChicago Network for College Success – $25,000 to support Postsecondary Access and Success

K-12 Education

  • Christopher House – $25,000 to support Computer Science Initiatives
  • George W. Bush Foundation – $300,000 over three years to support the School Leadership Initiative
  • Greenwood Project – $25,000 to support the High School Financial Institute
  • McCormick Foundation, fiscal agent for EducationFirst– $25,000 to support ISBE Strategic Planning

Early Childhood Education

  • TeachPlus – $50,000 over two years to support Illinois Early Childhood Education Innovation

See all Grantees


Grantee Ulster University, Belfast celebrates CME Group Foundation Scholars


Ulster University Business School has marked the third year of a unique ‘Developing Financial Engineering Pipeline’ project which has been made possible by funding from CME Group Foundation. Scholarships were provided in 2018 to four graduates after a rigorous selection process with an additional six granted in 2019. The Scholarship winners are completing masters programs in either Global Investment Management or Data Science. Senior Lecturer Michael Pogue explains, “Ulster University Business School has received invaluable input and engagement from CME Group since it established in Belfast in 2012. In parallel, the CME Group Foundation has enabled this new cross faculty Financial Engineering Initiative targeting the immediate and pipeline skills requirements for expertise in the rapidly growing Fintech sector across Northern Ireland. In essence, funding has introduced highly skilled graduates from non-financial engineering disciples to careers in financial services.” Scholarship winners were presented with certificates to mark their achievement by Joanne Ferguson, Technical Business Manager, CME Group at a ceremony hosted by Ulster University on December 13, 2019.

Michael Pogue (UUBS) with Laura McElwee (Scholar) and Joanne Ferguson (CME Group Belfast) Ulster U scholars 1


Laura McElwee (Scholar), Karen Delgado (UU) and Joanne Ferguson (CME Group Belfast) Ulster U scholars 2

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