Open nowRolling / open intake
CarMax Associate Giving Portal (Employee Giving & Matching)
Nonprofit fundraising supportEmployee-directed giving
About Carmax Foundation
The CarMax Foundation primarily funds national intermediaries and service organizations that enable employee giving, volunteer engagement, and community-building activities. Their support is focused on platforms and programs that mobilize CarMax associates (matching gifts, volunteer team-building, and employee choice donations) and on hands-on community projects like playground builds. Grants are large, national in scope, and designed to scale employee-driven philanthropy rather than direct local service delivery.
Focus Areas
Employee giving and matching-gift platforms (corporate workplace giving)Volunteer engagement and service mobilization for employeesCorporate-sponsored community build projects (playground construction/child play spaces)Philanthropic infrastructure and donor-advised/charitable-disbursement intermediaries
Who They Fund
501(c)(3) nonprofit organizations (grant recipients)CarMax associates / employee volunteerschildren in underserved communitiesyouth in foster care
About Carmax Foundation
Carmax Foundation’s largest recent grants are tied to employee-directed giving infrastructure: in 2025 it gave $4,150,813 to American Online Giving Foundation for donations disbursed to qualified 501(c)(3) nonprofits through employee choice giving programs. A year earlier, the same intermediary received $4,858,966 for the same purpose. That pattern shows a foundation built to move associate-selected dollars at scale, not just make isolated project grants. The foundation also funds the service platforms that help CarMax associates volunteer together. Points of Light received $1,030,000 in 2024 and $1,000,000 in 2025 to connect associates to volunteer opportunities, while Kaboom received $1,351,470 in 2025 for building playgrounds in underserved communities. Those grants sit alongside support for charitable disbursement intermediaries, board service, matching dollars and hours, and care-card programs. Smaller community grants still appear in the portfolio, especially through Richmond-based giving. Grants to Peter Paul Development Center, Communities in Schools of Richmond Inc, Emergency Shelter Inc, and others indicate a local channel alongside the larger national employee-giving structure. The foundation funds nonprofits, employee volunteers, and community projects that align with causes important to CarMax associates.
What Carmax Foundation Funds
Employee giving infrastructure is a central theme. Carmax Foundation gave $4,150,813 to American Online Giving Foundation in 2025 for donations disbursed to qualified 501(c)(3) nonprofits through employee choice giving programs, showing a preference for intermediary-based grantmaking. Volunteer mobilization is another clear focus. Points of Light received $1,000,000 in 2025 to connect CarMax associates to volunteer opportunities, extending the foundation’s support for team-based service rather than direct operating grants alone. Community-build projects also show up prominently. Kaboom received $1,351,470 in 2025 for building playgrounds in underserved communities, which fits the foundation’s hands-on community project pattern. The foundation also supports local community improvement in Richmond through grants such as $60,000 to Peter Paul Development Center for the Richmond Giving Program and $50,000 to Communities in Schools of Richmond Inc for the same program.
How Carmax Foundation Gives
Financial Snapshot
Annual Giving
$4.8M
Total Assets
$6.3M
Total Revenue
$5.1M
Total Expenses
$5.4M
Typical Grant Size
Most grants fall between $3K and $25K, with a median of $10K.
25th Percentile
$3K
Median
$10K
75th Percentile
$25K
Geographic Reach
Regional21 states funded
Funding intensity
LowHigh
Headquarters
Unlock Deep Analysis
Sign up for a free Kindora account to access AI-generated insights into this funder's giving patterns, decision-makers, and fit signals.
Get Started FreeSee Similar Funders
Free Kindora accounts unlock side-by-side comparisons with foundations that share this funder's focus areas and giving profile.
Get Started FreeExplore related grant guides
Want a Personalized Pitch for Carmax Foundation?
Sign up free to see how well your nonprofit fits this funder, get an AI-generated pitch, and unlock similar foundations.
Free plan available
No contracts
Cancel anytime