Carmax Foundation

EIN 383681796 Private Foundation

Richmond, VA 23230 |(804) 747-0422

Total Given 2017–2025
$65.9M
9,719 grants · $7.3M avg/year
based on 9 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$720
typical micro grants · $420–$1K
grant size
34%
supporter · 1,337/3,901 multi-year
repeat
$6.6M
Assets (2025)
3,901
Distinct Recipients

About

THE FOUNDATION'S MISSION WAS REVISED IN MARCH 2020 TO READ AS FOLLOWS: THE CARMAX FOUNDATION PROMOTES THE CAUSES ITS ASSOCIATES CARE ABOUT TO IMPACT THE COMMUNITIES WHERE THEY LIVE AND WORK.

Focus Areas

Education Arts & Culture Human Services Youth Development

Application Information

Accepts Unsolicited Proposals Unknown
Contact Person CARMAX FOUNDATION MANAGER
Phone (804) 747-0422
Deadlines DEADLINES ARE AVAILABLE AT FOUNDATION.CARMAX.COM.
How to Apply FOR MORE INFORMATION ON THE APPLICATION PROCESS, PLEASE VISIT OUR WEBSITE AT FOUNDATION.CARMAX.COM.
Restrictions THE PRIMARY PROGRAMS OF THE FOUNDATION INCLUDE: - THE HOME OFFICE GRANTS PROGRAM AWARDS GRANTS TO ORGANIZATIONS PROMOTING HEALTH & WELLNESS, EDUCATION & WORKFORCE SUCCESS, AND RESILIENT COMMUNITIES IN THE RICHMOND, VIRGINIA AREA. - THE REGIONAL GIVING PROGRAM PROVIDING GRANTS TO NONPROFIT ORGANIZATIONS SERVING CARMAX MARKETS, WITH SPECIAL ATTENTION TO THE ATLANTA, GA AREA. - THE NATIONAL GIVING PROGRAM, SUPPORTING NONPROFIT(S) WITH A NATIONAL FOOTPRINT THAT ALIGN WITH OUR FOCUS AREAS. - THE VOLUNTEER TEAM BUILDER PROGRAM LETS CARMAX ASSOCIATES MAKE VALUABLE HANDS-ON CONTRIBUTIONS TO WORTHY CAUSES THROUGH TEAM-BUILDERS, DONATION DRIVES BLOOD DRIVES AND MORE. - THE MATCHING GIFTS PROGRAM COMPOUNDS CARMAX ASSOCIATES- AND THEIR FAMILIES' GIFTS OF TIME AND MONEY, MAKING A GREATER IMPACT ON THE CAUSES MOST MEANINGFUL TO THEM. OTHER PROGRAMS INCLUDE: - THE BOARD SERVICE PROGRAM HONORS CARMAX ASSOCIATES FOR THEIR TIME SERVED ON NONPROFIT GOVERNING OR ADVISORY BOARDS. THE FOUNDATION MAKES A DON

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2017 $8.5M $426K $3.9M 2134
2018 $6.5M $8.0M $14.5M 2585
2019 $11.4M $650K $73K 3677
2020 N/A $308K $7.6M N/A
2021 $6.9M $4.0M $9.4M 1133
2022 $10.3M $6.3M $9.8M 97
2023 $8.2M $5.8M $7.6M 77
2024 $7.2M $8.0M $10.1M 5
2025 $6.7M $6.6M $6.0M 11

Grant Size Distribution

Based on 9719 grants on record

Minimum
$5
25th Pctl
$420
Median
$720
Average
$7K
75th Pctl
$1K
Maximum
$4.9M

Geographic Distribution

Texas Counties Served

5.5% of US grants · Rank #5 of 46 states $1.3M across 536 grants 23 of 254 counties

Top 10 counties

  1. 1 Harris 106 grants · $296K
  2. 2 Dallas 87 grants · $183K
  3. 3 Bexar 68 grants · $172K
  4. 4 Fort Bend 56 grants · $146K
  5. 5 Tarrant 42 grants · $144K
  6. 6 Travis 47 grants · $82K
  7. 7 Denton 26 grants · $70K
  8. 8 El Paso 19 grants · $54K
  9. 9 Williamson 30 grants · $47K
  10. 10 Bell 4 grants · $40K
+13 more counties · 51 grants · $87K

Officers & Directors

Grants Awarded (9,719 total)

Purpose
American Online Giving Foundation Newark, DE $4,858,966 DONATIONS DISBURSED TO QUALIFIED 501C3 NONPROFITS REFLECTING AS PART OF EMPLOYEE CHOICE GIVING PROGRAMS 2024
Kaboom Washington, DC $4,400,000 NATIONAL PROGRAM 2019
American Online Giving Foundation Newark, DE $4,150,813 DONATIONS DISBURSED TO QUALIFIED 501C3 NONPROFITS REFLECTING AS PART OF EMPLOYEE CHOICE GIVING PROGRAMS 2025
Kaboom Washington, DC $3,338,650 NATIONAL 2022
American Online Giving Foundation Inc Newark, DE $2,891,774 VOLUNTEER TEAM BUILDER, BOARD SERVICE, MATCHING DOLLARS/HOURS, CARE CARDS, RICHMOND GIVING PROGRAM, CARMAX... 2023
Kaboom Washington, DC $2,500,000 NATIONAL PROGRAM 2017
Charities Aid Foundation America Alexandria, VA $2,218,790 VOLUNTEER TEAM BUILDER, BOARD SERVICE, MATCHING DOLLARS/HOURS, CARE CARDS 2023
Kaboom Washington, DC $1,886,666 NATIONAL 2022
Kaboom Washington, DC $1,466,666 NATIONAL 2021
Kaboom Washington, DC $1,351,470 BUILDING PLAYGROUNDS IN UNDERSERVED COMMUNITIES 2025
Kaboom Washington, DC $1,309,180 BUILDING PLAYGROUNDS IN UNDERSERVED COMMUNITIES 2024
Charities Aid Foundation America Alexandria, VA $1,252,205 NEW REGIONAL PILOTS 2022
Kaboom Washington, DC $1,046,666 NATIONAL 2021
Points of Light Atlanta, GA $1,030,000 CONNECT CARMAX ASSOCIATES TO VOLUNTEER OPPORTUNITIES 2024
Points of Light Atlanta, GA $1,000,000 CONNECT CARMAX ASSOCIATES TO VOLUNTEER OPPORTUNITIES 2025
Charities Aid Foundation America Alexandria, VA $905,000 VOLUNTEER TEAM-BUILDERS & DRIVES 2022
Kaboom Washington, DC $799,000 NATIONAL 2023
Kaboom Washington, DC $763,000 NATIONAL 2023
Kaboom Washington, DC $750,000 NATIONAL PROGRAM 2017
Kaboom Washington, DC $750,000 NATIONAL PROGRAM 2017
Kaboom Washington, DC $750,000 NATIONAL 2018
Kaboom Washington, DC $750,000 NATIONAL 2018
Charities Aid Foundation America Alexandria, VA $605,410 ASSOCIATE MATCHING DOLLARS 2022
Points of Light Atlanta, GA $592,000 NATIONAL 2023
Kaboom Washington, DC $500,000 NATIONAL 2019

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