Carmax Foundation
Richmond, Virginia · EIN 383681796 · Private foundation
Carmax Foundation is a private foundation based in Richmond, Virginia. Its most recent IRS Form 990-PF reports $5.4M in grants paid and $4.0M in total assets. Bespoke Grants tracks 6,853 individual grants from this funder — $38.7M awarded across 2018–2025 — including its support for economic development. Below is its full funding profile.
What Carmax Foundation funds
Carmax Foundation's giving carries a documented focus on economic development, education, housing & homelessness, youth development.
Populations it has supported include children, foster youth, homeless population, low-income communities, veterans, women girls.
Grant history
The largest grants Bespoke Grants has on record for Carmax Foundation, by amount:
| Recipient | Location | Grant | Year |
|---|---|---|---|
| American Online Giving Foundation DONATIONS DISBURSED TO QUALIFIED 501C3 NONPROFITS REFLECTING AS PART OF EMPLOYEE CHOICE GIVING PROGRAMS | Newark, DE | $4.9M | 2024 |
| American Online Giving Foundation DONATIONS DISBURSED TO QUALIFIED 501C3 NONPROFITS REFLECTING AS PART OF EMPLOYEE CHOICE GIVING PROGRAMS | Newark, DE | $4.2M | 2025 |
| American Online Giving Foundation Inc VOLUNTEER TEAM BUILDER, BOARD SERVICE, MATCHING DOLLARS/HOURS, CARE CARDS, RICHMOND GIVING PROGRAM, CARMAX FOUNDATION GRANT PROGRAM | Newark, DE | $2.9M | 2023 |
| Charities Aid Foundation America VOLUNTEER TEAM BUILDER, BOARD SERVICE, MATCHING DOLLARS/HOURS, CARE CARDS | Alexandria, VA | $2.2M | 2023 |
| Kaboom BUILDING PLAYGROUNDS IN UNDERSERVED COMMUNITIES | Washington, DC | $1.4M | 2025 |
| Kaboom BUILDING PLAYGROUNDS IN UNDERSERVED COMMUNITIES | Washington, DC | $1.3M | 2024 |
| Kaboom NATIONAL | Washington, DC | $1.0M | 2021 |
| Points of Light CONNECT CARMAX ASSOCIATES TO VOLUNTEER OPPORTUNITIES | Atlanta, GA | $1.0M | 2024 |
| Points of Light CONNECT CARMAX ASSOCIATES TO VOLUNTEER OPPORTUNITIES | Atlanta, GA | $1.0M | 2025 |
| Kaboom NATIONAL | Washington, DC | $799K | 2023 |
| Kaboom NATIONAL | Washington, DC | $750K | 2018 |
| Points of Light NATIONAL | Atlanta, GA | $592K | 2023 |
| Kaboom NATIONAL | Washington, DC | $500K | 2019 |
| Charities Aid Foundation America NEW REGIONAL PILOTS | Alexandria, VA | $430K | 2021 |
| Charities Aid Foundation America ASSOCIATE MATCHING DOLLARS | Alexandria, VA | $358K | 2021 |
Carmax Foundation giving by year
Total grants Bespoke Grants has indexed for each filing year:
How to apply for funding from Carmax Foundation
From Carmax Foundation's IRS Form 990-PF, on how it handles applications:
Verify the current process on the foundation's own materials before sending anything. You can review the foundation directly at foundation.carmax.com.
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Match my nonprofit to funders →Frequently asked questions about Carmax Foundation
- Does Carmax Foundation accept grant applications?
- Yes — Carmax Foundation's IRS filing describes an application process. Confirm the current details directly with the foundation before applying.
- What does Carmax Foundation fund?
- Carmax Foundation's grants focus on economic development. Recent recipients include American Online Giving Foundation, American Online Giving Foundation, American Online Giving Foundation Inc. Its full grant history is listed above.
- How much does Carmax Foundation give in grants?
- Carmax Foundation reported $5.4M in grants in its most recent IRS filing (FY2021). Across all years in our data it has awarded $38.7M over 6,853 grants.
- Where is Carmax Foundation located?
- Carmax Foundation is based in Richmond, Virginia. Its IRS employer identification number (EIN) is 383681796.
- How can I find foundations similar to Carmax Foundation?
- Bespoke Grants matches your nonprofit against 225,000+ foundations like Carmax Foundation, ranking each by how well it fits your mission, location, and budget — with the reasoning shown. It is free to search.
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