NYMEX Foundation
| NYMEX Foundation | |
| Founded | 1989 |
|---|---|
| Headquarters | New York, New York USA |
| Products | Philanthropic organization |
| Web site | www.nymexfoundation.org |
The NYMEX Foundation (NF), [1] established in 1989, coordinates the philanthropic efforts of the former New York Mercantile Exchange, now part of the CME Group.
The NYMEX Foundation is a registered as a 501 c 3, not-for-profit organization serving children, elderly persons and local environmental causes.[2]
The NYMEX Children in Need Fund supports children's causes. The NYMEX Charitable Assistance Fund, Inc., [3] which was established after the September 11, 2001, terrorist attack, is a public charity that raises funds to assist surviving spouses and/or dependents of a NYMEX family member, including, but not limited to, those who died in the terrorist attack on the World Trade Center, and those similarly situated in the future.
History[edit]
In 1989, the NYMEX Children in Need Fund's budget was $125,000. From 1989 to 2006, the foundation was able to distribute more than $20 million to several hundred charitable organizations. In 2006, more than $3.1 million was distributed to 317 charitable organizations.
Key People[edit]
The foundation is headed by former NYMEX executive Madeline Boyd. CME Group Executive Chairman Terrence Duffy serves as chairman.
Fund Raising[edit]
The NYMEX Foundation holds a live and silent auction[4] at a yearly event to help raise money for the foundation to distribute.
Annual Reports[edit]
References[edit]
- ↑ Charitable Foundation 2006 Annual Report. NYMEX.
- ↑ Welcome to the home of the NYMEX Foundation. NYMEX Foundattion.
- ↑ Charitable Assistance Fund. NYMEX.
- ↑ NCF Silent Auction Site. NYMEX Charitable Foundation.