She was also named a “Trailblazer in Finance and Banking” by The National Law Journal (2019). Teresa has also been named to Crain’s Chicago Business’ 2019 “Notable Gen X Leaders in Law” list and 2020 “Notable Women Executives Over 50” list. Chicago Daily Law Bulletin and Chicago Lawyer jointly honored Teresa at the inaugural “50 Women in Law Awards” in 2020.
Teresa was recognized in Crain’s Chicago Business’ 2023 “Who’s Who in Chicago Business” and 2022 “Notable Women in Law.” In 2022, Teresa was recognized by The American Lawyer as a “Midwest Trailblazer” for her work in the fintech area. She is a nationally recognized speaker on UCC and other commercial law issues and is a co-author of a widely distributed annual Commercial Law Developments update. Teresa has honed her UCC knowledge as an active participant in UCC drafting committees, as a member of the Permanent Editorial Board for the UCC and as an adjunct professor teaching Secured Transactions at The University of Illinois College of Law. Teresa’s commercial law experience includes using the tools of commercial law to help clients build and navigate blockchain, distributed ledger technology, virtual currency, digital currency and tokenized security platforms. Teresa’s commercial law practice includes all articles of the Uniform Commercial Code, with a special emphasis on Article 9 secured transactions. Teresa takes an active role in counseling regulated industry clients and financial market participants on liquidity solutions, collateral and risk management methods, default scenarios, counterparty risk, netting and adapting to new legal regimes. Her experience and knowledge allow her to bridge the gap between complex legal regimes and sound financial principles. For several years, Teresa’s practice has placed particular emphasis on financial transactions involving regulated and emerging industries, including derivatives, clearing organizations, exchanges, financial market utilities, student loan companies, electric utilities and fintech companies. Her financial transactions experience includes secured and unsecured loans, workouts and restructurings, structured finance and securitization. The principles that guided the development of the Foundation still guide its operations today.TERESA WILTON HARMON is the managing partner of Sidley’s Chicago office, a member of the firm’s Executive Committee, and a partner in the firm’s Global Finance practice area, focusing on financial transactions and commercial law. And by spring of 1986, the Foundation made its first grants, totaling $50,000. Working their social and business networks, tapping their own experience, they reached out to women who, like them, wanted to transform society and their own place in it.īy the end of that first year, these women had incorporated the Foundation, had elected its first board of directors, and had begun fundraising.
And they knew that women were underrepresented in philanthropy, unaccustomed to wielding the power to decide what issues were important and direct funding to where it could do the most good.
They realized that only a tiny percentage of philanthropic dollars – just 3 percent in 1984 – were being spent to address women’s real and specific needs. They knew that lack of economic opportunity, poor access to reproductive and other health services, domestic violence, and a host of other issues daily threatened the well-being of thousands of women in Chicago, and, by extension, thousands ofįamilies. As a result, two-thirds of nonprofits for which CFW was the first institutional or ‘seed’ funder are still thriving 10 years after receiving their first CFW grant. Thanks to these partners, CFW invests in the future of emerging organizations through leadership development and support in building sustainable nonprofit infrastructure. Today, more than 37 years later, CFW continues to be the only organization in the region to take a comprehensive approach to understand and address the issues impacting Chicago-area women and girls.ĬFW works with a community of socially-minded investors who share our passion for improving the lives of women and girls, ensuring that every dollar they give achieves maximum impact. Since 1985, Chicago Foundation for Women (CFW) has been a leader in the movement to achieve basic rights and equal opportunities, investing in women and girls as catalysts building stronger communities for all. Chicago Foundation for Women invests in women and girls as catalysts, building strong communities for all.
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