Ethylene-propylene copolymer (EP) was functionalized with glycidyl methacrylate (GMA) by means of a radical-initiated melt grafting reaction. FTIR and ESCA were used to characterize the formation of EP-g-GMA copolymers. The content of GMA in EP-g-GMA was determined by using hydrochloric acid/xylene titration. Effects of concentrations of GMA and dicumyl peroxide on grafting rate were studied. It was found that contact angles of the water on surfaces of EP-g-GMA samples increased with increasing content of GMA in EP-g-GMA. The influence of the content of GMA on the crystallization structure of EP-g-GMA was investigated by DSC and WAXD. Compared with the plain EP, the crystallization temperature of propylene blocks of EP-g-GMA increased over 10 K, and the melting temperature and crystallinity decreased somewhat. Functionalization of EP led to the change of the crystal form of propylene blocks from the mixed form of alpha and beta into the alpha form.