Carmax Foundation
Historical FunderRichmond, Virginia · EIN 38-3681796 · Private foundation · Website
Half of its grants to organizations were between $25,000 and $840,000.
How to apply
The foundation filed the following application information (Form 990-PF Part XV, tax year 2025):
| Contact | CARMAX FOUNDATION MANAGER |
|---|---|
| Address | 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238 |
| Phone | 8047470422 |
| KMXFOUNDATION@CARMAX.COM | |
| Form and materials | FOR MORE INFORMATION ON THE APPLICATION PROCESS, PLEASE VISIT OUR WEBSITE AT FOUNDATION.CARMAX.COM. PLEASE DO NOT SUBMIT APPLICATIONS VIA MAIL, ONLY ONLINE APPLICATIONS ARE ACCEPTED. |
| Deadlines | DEADLINES ARE AVAILABLE AT FOUNDATION.CARMAX.COM. |
| Restrictions | THE 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, VA 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 - THE BOARD SERVICE PROGRAM HONORS CARMAX ASSOCIATES FOR THEIR TIME SERVED ON NONPROFIT GOVERNING OR ADVISORY BOARDS WITH DONATIONS IN THE ASSOCIATE'S NAME. - THE CARE CARD PROGRAM ALLOWS ASSOCIATES TO DIRECT THE FOUNDATION'S FUNDS |
Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
100% of grants went outside Virginia.
Grants paid in tax year 2025
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| American Online Giving Foundation | Newark, DE | Donations disbursed to qualified 501C3 nonprofits reflecting as part of employee choice giving programs | $3,396,861 |
| Kaboom | Washington, DC | Building playgrounds in underserved communities | $840,000 |
| Points of Light | Atlanta, GA | Connect carmax associates to volunteer opportunities | $520,700 |
| Emergency Assistance Foundation | West Palm Beach, FL | To help employees who are facing financial hardship | $50,000 |
| Junior Achievement of Georgia | Atlanda, GA | Support programs that drive financial literacy | $25,000 |
| Foster Love (Together We Rise) | Brea, CA | Resources for youth in foster care | $9,140 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2025 | $4,841,701 | 6 |
| 2024 | $6,678,283 | 11 |
| 2023 | $7,234,486 | 5 |
Sources
- IRS Form 990-PF, tax year 2025, filed Jun 22, 2026 - IRS e-file batch, object ID 202601739349100130
- IRS Tax Exempt Organization Search for EIN 38-3681796
- Profile updated Nov 6, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.