Meet the New CME Group Foundation Scholars

Twenty-five college students are headed back to school soon with new scholarships from CME Group Foundation. Each selected student received up to $20,000 to further their studies in finance or technology – skills needed to take on the jobs of the future in global derivatives markets that CME Group operates.

While many scholarships are aimed at helping freshmen start college, the CME Group Foundation Scholars Program is targeted to ensure underrepresented minority sophomores, juniors and seniors can finish their four-year degree. Winners can reapply for up to three years of support.

We're dedicated to investing in students because they are crucial to our success and future economic well-being, said Kassie Davis of CME Group Foundation. "Our hope is that by offering scholarships to underrepresented students majoring in finance, computer science, math and other similar areas, they'll be well prepared for careers in our industry going forward."

In addition to the scholarship money, students also got to attend a day of education at CME Group to learn about the markets and career opportunities in the city's financial sector. The students say the scholarships have them excited about applying their skills toward a career in finance and also will provide them access to real-world experience.

Both the students and CME Group benefit when we do this, added Mo. "Students get the necessary funds to pursue their education in the finance and technology fields and then CME Group has a larger workforce to choose from in the future. Win-Win."

With this load off my shoulders, I can focus more on my studies, said scholarship recipient Anthony Banuelos, Sophomore at Illinois Institute of Technology. "I will work very hard to prove that I deserve this scholarship so I can renew it for the next three years."

In partnership with HR, the Diversity and Inclusion Council and Employee Network Groups boards were invited to volunteer to help recommend the scholarship winners. Twenty-two employee volunteers, representing every division of the company, took time out of their day to rate the scholarship finalists essays on "why I'm interested in a career in financial services."

Mo Guilfoile was one of those volunteers and was impressed by the students' desire to work in finance to improve their lives and communities. "Some students witnessed and appreciated their immigrant parents building a business here from the ground-up and they have a strong drive to understand and apply financial acumen to continue that growth."

SCHOLARSHIP RECIPIENTS

Jada Aduda is a junior at Loyola University Chicago majoring in Finance. She grew up in Brooklyn Park, MN and graduated from Osseo Senior High School. Her interests include traveling and volunteering in her community. Her career goal is to become an investment banker and create a non-profit organization for disadvantaged communities to get exposure to opportunities within the financial services industry.

Jazmin Ayala is a senior at the University of Illinois at Urbana-Champaign majoring in Finance. She grew up in the Southwest Side of Chicago and graduated from Curie High School. Her interests include hiking, swimming, and traveling. Her career goal is to become a financial advisor. 

Saira Bano is a senior at Loyola University Chicago double majoring in Information Technology and Software Engineering. She grew up in Chicago, Illinois and graduated from Stephen Tyng Mather High School.  Her interests include basketball, business, music, programming, traveling, and technology. Her career goal is to become a data scientist. 

Anthony Bañuelos is a third-year at Illinois Institute of Technology majoring in Cyber Security and Computer Engineering. He grew up in Chicago and graduated from Lincoln Park High School. His interests include baseball, eSports, photography, and coding. His career goal is to be part of a cyber defense team.

George Campau is a senior at Loyola University Chicago majoring in Finance and Economics. He grew up in Jackson, Michigan, and graduated from Jackson High School. His interests include skiing, and violin. His career goal is to create innovative and lasting business solutions that accelerate the transition to a clean energy electric grid.

Francisco Chavez is a second-year undergraduate at Illinois Institute of Technology majoring in Computer Science. He grew up in Joliet, Illinois and graduated from Joliet Central High School. Francisco’s interests include making vision tracking programs, reading trivia, and fishing. His career goal is to develop artificial intelligence software.

Maria Contreras is a senior at Stevens Institute of Technology majoring in Mathematics with a minor in Finance. She grew up in Union City, New Jersey and graduated from Union City High School. Her interests include traveling, music, and soccer. Her career goal is to become a business analyst. 

Beemnet Desta is a sophomore at DePaul University majoring in Computer Science. She grew up in Ethiopia and graduated from School of Tomorrow High School. Her interests include volunteer work and community service. Her career goal is software programming.

Jose Hernandez is a senior at Loyola University Chicago majoring in Computer Science. He grew up in Waukegan and graduated from Waukegan Brookside High School. His interests include exploring new technology, graphic design, and going to the gym. His career goal is to work for a well-known tech corporation then eventually start his own web development company.

Sanaa Hill is a sophomore at Loyola University Chicago majoring in Business Finance. She grew up in Racine, Wisconsin, and graduated from Walden III High School. Her interests include the Loyola Afrodescent dance team, Black Cultural Center, and Loyola University Chicago Empowering Sisterhood (LUCES) program. Her career goal is to create a more inclusive business market to expand the industry for women of color.

Scholastique Iradukunda is a senior at Loyola University Chicago majoring in Finance. She grew up in Kigali, Rwanda and graduated from St. Lawrence Schools in Kampala, Uganda. Her interests include poetry, reading, and writing. Her career goal is to work in technology consulting.

Armani LeSure is a junior at Illinois Institute of Technology majoring in Information Technology and Management. He grew up in Chicago and graduated from Lindblom MSA High School. His interests include gaming and music. Armani hopes to become an Information Technology Manager.  

Estefania Lopez is a fourth-year at the Illinois Institute of Technology majoring in Computer Science. She grew up in Chicago and graduated from Lane Tech High School. Her interests include running, sewing and traveling. Her career goal is to become an app developer and continue her efforts in broadening CS education. 

Hugo Lopez is a junior at University of Illinois at Chicago (UIC) majoring in Finance with a minor in Entrepreneurship. He grew up in Chicago, Illinois and graduated from Lane Tech High School. His interests include working on cars, working out, and advising/helping people/business. His career goal is to help companies build successful businesses through proper financial management.

Nathan Lorenzo is a senior at DePaul University majoring in Network Engineering and Security. He grew up in Jefferson Park and graduated from St. Patrick High School. His interests include computing, hiking, and reading. His career goal is to become a network engineer.

Jason Malonga is a senior at DePaul University majoring in Finance. He grew up in Bolingbrook, Illinois and went to Benet Academy. His interests include being a member of DePaul's Men's Basketball Team, traveling, and learning about finance. His career goal is to have an impactful career in the financial services industry.

Brooke Marshall is a senior at Northern Illinois University majoring in Computer Science. She grew up in Aurora, IL and graduated from Oswego East High School. Her interests include mobile and game development and reading. Her career goal is to become a software engineer in the finance/banking industry.

Paige Morton is a junior at Loyola University Chicago majoring in Mathematics. She grew up in Carol Stream, Illinois and graduated from Glenbard North High School. Her interests are music, participating in Loyola’s Black Cultural Center and African Student Alliance, and fighting against social injustices. Her career goals are a career in finance and as an actuary.

Patrick Mullen is a senior at Loyola University Chicago majoring in Finance. He grew up in River Forest, Illinois and graduated from Oak Park River Forest High School. His interests include running, fishing and basketball and he is the portfolio manager for Loyola's investment fund. His career goal is private equity.

Alex Negrón is a third-year student at the Illinois Institute of Technology double-majoring in Applied mathematics and Statistics. He grew up in Buffalo, New York and graduated from St. Francis High School. His interests include writing and mathematics. His career goal is to discover new applications of probabilistic tools to areas such as quantitative finance and artificial intelligence.

David Ngige is a senior at Illinois Institute of Technology majoring in Computer Science. He grew up in the Woodlawn area of Chicago and graduated from Kenwood Academy High School. His interests include trading cryptocurrencies, listening to podcasts, and audiobooks. His career goal is to become a software engineer.

Ariel Nudman is a sophomore at Loyola University Chicago majoring in Finance and Economics. He grew up in Shanghai, China and later moved to Chicago, Illinois. He graduated from Ida Crown Jewish Academy High School. His interests include water sports, running, and investing in stocks. His goal is to work as a financial manager or analyst and to one day become a CFO.

Jessica Oliveros is a junior at DePaul University majoring in Computer Science. She grew up in Hegwisch and graduated from Downers Grove North. Her interests include learning new programming languages and tutoring. Her career goal is to be a software engineer.

Julian Pacheco is a junior at the University of Illinois at Chicago majoring in Finance. He grew up in Chicago, Illinois and graduated from Jones College Prep High School. His interests include playing sports, listening to comedy and business podcasts, and spending time with friends and family. His career goal is to become a financial analyst and make an impact in the corporate finance industry.

Zion Powell is a junior at Saint Xavier University majoring in Computer Science. He grew up in Harvey, IL, and graduated from Thornton Township High School. Zion’s interests including teaching computer science at his local library, chess, coding and baking. His career goal is to create a global school to teach financial literacy and computer science to low-income students.

Hernan Razo is a senior at the Illinois Institute of Technology majoring in Computer Science. He grew up in Rogers Park on the north side of Chicago and graduated from the Chicago Math and Science Academy. His interests include cycling, programming, and playing his saxophone. His career goal is to become a data scientist. 

Uriel Reyes Vazquez is a senior at Loyola University Chicago majoring in Finance. He was raised in Omaha, Nebraska and graduated from Omaha South High School. He is involved with the Mexican American Student Association as Treasurer. His career goal is to go into the finance industry, specifically in the areas of business consulting, financial consulting, investment banking, or real estate.

Noelle Robinson is a sophomore at the University of Illinois at Chicago, double majoring in Finance and Information Decision Sciences. She grew up in Chicago and graduated from Mizzou Academy High School. Her interests include tutoring her peers and teaching personal finance to young adults. Her career goal is to use information and data to improve business processes in the financial services industry.

Thomas Rueben Rocha is a junior at University of Illinois at Chicago, majoring in Finance and minoring in Economics. He grew up in Romeoville, IL and graduated from Romeoville High School. Thomas’s interests include running, reading, adventuring, and he wants to become a hedge fund manager.

Carlos Rodriguez is a fourth-year at Illinois Institute of Technology majoring in Computer Science. He grew up in Chicago and graduated from Westinghouse College Prep. His interests include civic engagement and diversity and inclusion in tech. His career goal is software engineering.

Tyson Thomas is a senior at Loyola University Chicago majoring in Finance. He grew up in Plano, Texas and graduated from Plano Senior High School. His interests include music, contributing to Black spaces on campus, intramural sports, painting, volunteering, and video games. His career goal is to become a tax attorney.

Lee Ann Thompson is a second-year graduate student at Stevens Institute of Technology majoring in Financial Engineering. She grew up in Trinidad & Tobago and New York and graduated from Bishop Anstey High School East. Her interests include watching reality television, evening runs and reading about the financial markets. Her career goal is to become a Chief Risk Officer.

Gladys Toledo-Rodriguez is a third-year at Illinois Institute of Technology majoring in Computer Science. She grew up in Chicago and graduated from Lane Technical College Prep. Her interests include cooking, teaching, and learning new programs, from languages to software. Her career goal is to become a software engineer.

Marco Aurelio Useche is a junior at Loyola University Chicago majoring in Supply Chain Management. He grew up in Orlando, FL and graduated from Freedom High School. His interests include politics, sports, business interests. His career goal is to be CEO of a large corporation, mainly in the food and beverage industry. 

Benny Vazquez-Elvir is a third-year at Illinois Institute of Technology majoring in Computer Science. He grew up in Chicago and graduated from Lane Technical High School. His interests include coding competitions, video games, and making side projects such as bots and websites. His career goal is to use computer science to make revolutionary technology.

Daniel Velarde is a junior at Loyola University Chicago majoring in Finance. He grew up in Carterville, Illinois and graduated from Carterville High School. His interests include investing, music, film, fishing, and hunting. His career goal is to open his own financial management firm. 


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CME Group Foundation is celebrating 10 years.

10 Year Grantees

Loyola University Chicago

“CME Group Foundation brings a legacy of innovation and a commitment to leading-edge education for students.”

2007-2011

Center for Integrated Risk Management and Corporate Governance”

$1,000,000 over four years

2013

Volatility Forecasting in the Presence of Limits to Arbitrage

$20,000

2014–2018

CME Group Foundation Financial Services and Business Analytics Lab Quinlan School of Business

$1,000,000 over five years


Computer Science for All (CS4All)

The Fund


University of Illinois-Chicago

“These early math resources are playing a vital role in equipping early childhood educators with the skills and knowledge they need. The leaders of this grant are truly making an impact." – Alfred W. Tatum, PhD, Dean of College of Education
“The CME Foundation’s support has been instrumental in many key initiatives at UIC Business.” – Gib Bassett, Director of the International Center for Futures and Derivatives
“Students in the Honors College at the University of Illinois at Chicago are able to focus on their studies and leadership opportunities rather than the need to work long hours to pay for their education.” – Ralph Keen, Dean, Honors College

2006

International Futures and Options Center

$250,000

2009

International Center for Futures and Derivatives

$125,000

2013

Taxing Market Activity

$25,000

2017–2019

Math at Home: Math Matters

$300,000 over three years

2007–2009

International Center for Futures and Derivatives

$750,000

2010

International Center for Futures and Derivatives

$100,000

2014–2016

Development of online early math professional development site for home child care providers

$200,000 over three years

2018–2019

Elementary Math Specialist Pilot

$200,000 over two years

2008

International Center for Futures and Derivatives

$250,000

2011-2014

College of Business Administration’s Market Training Lab

$1,000,000 over four years

2016–2019

Scholarships and Emergency Need Funds for UIC Honors College

$1,000,000 over five years


Big Shoulders Fund

“For nearly a decade…the generous investment of CME Group Foundation has created invaluable opportunities for teachers to deepen their knowledge of how children experience and understand the world around them through mathematics.” – Rebecca Lindsay-Ryan, Senior Director, Academic Programs and External Affairs

2008–2009

Patrons Program

$300,000 over two years

2017–2019

Deepening Capacity Within Early Math Collaborative

$300,000 over three years

2010–2012

Early Childhood Math Intervention Program

$750,000 over three years

2014–2015

MIND Research Institute’s ST Math Program

$1,000,000 over two years


Chicago Public Schools

"CME Group Foundation is helping accelerate the record-setting academic progress Chicago schools have made." – Dr. Janice K. Jackson, CEO

2008

Social Studies Blueprint Project

$100,000

2011

Career and Technical Education Initiatives

$50,000

2014–2019

expansion of Computer Science 4 All (CS4All)

$1,000,000 over five years

2009

Financial Literacy/Economics Education Initiative

$125,000

2013

Common Core math training materials (in partnership with Erikson Institute)

$148,000

2017–2019

Chicago P-12 Math Collaborative Expansion Project

$300,000 over three years

2010

Yes You Can!

$45,000

2014

Starter League professional development in coding

$25,000


Erikson Institute

“We are very grateful for this sustaining and invigorating relationship.” – Geoff Nagle, President and CEO

2007–09

Early childhood teacher development for teaching math at CPS

$500,000 over two years

2009

Early Mathematics Education Project

$125,000

2014–2016

Early Math Collaborative partnership with Chicago Public Schools

$250,000 over two years

2010–2014

Early Mathematics Education Project

$1,000,000 over four years

2017

1st Biennial National Conference on PreK-3 Math

$50,000

2013

Common Core math training materials (in partnership with Chicago Public Schools)

$148,000

2017–2019

Mathematics All Around Me (with Ounce of Prevention Fund)

$300,000 over three years


Ounce of Prevention Fund

“We applaud the Foundation for investing in the issue of early math and for regularly convening its grantees to share best practices and create collective impact across communities to advance kindergarten readiness and long-term school success.” – Diana Rauner, President, Ounce of Prevention Fund

2006–2010

Education Center and services for infants and toddlers

$1,000,000 over four years

2014–2016

Early Math Initiative

$275,000 over two years

2010–2014

Early Math Initiative

$1,000,000 over four years

2017–2019

Mathematics All Around Me (with Erikson Institute)

$300,000 over three years

2011

general operations

$5,000