Private Foundation

CARMAX FOUNDATION

CARMAX FOUNDATION is a Private Foundation headquartered in RICHMOND, VA. Financial data from the 2026 filing: $5.1M revenue, $5.4M expenses, $6.3M total assets. IRS filings disclose 11,534 grants awarded by this foundation, totaling roughly $59.7M.

EIN: 383681796 RICHMOND, VA Corporate Foundations NTEE: T21 Latest filing: 2026
Total Revenue$5.1M
Total Expenses$5.4M
Total Assets$6.3M
Grants Given11,534
Grant Total$59.7M
Filing Years2022–2026

Sample Grants Given

AMERICAN ONLINE GIVING FOUNDATION
NEWARK, DE · 2025
DONATIONS DISBURSED TO QUALIFIED 501C3 NONPROFITS REFLECTING AS PART OF EMPLOYEE CHOICE GIVING PROGRAMS
$3,396,861
KABOOM
WASHINGTON, DC · 2025
BUILDING PLAYGROUNDS IN UNDERSERVED COMMUNITIES
$840,000
POINTS OF LIGHT
ATLANTA, GA · 2025
CONNECT CARMAX ASSOCIATES TO VOLUNTEER OPPORTUNITIES
$520,700
EMERGENCY ASSISTANCE FOUNDATION
WEST PALM BEACH, FL · 2025
TO HELP EMPLOYEES WHO ARE FACING FINANCIAL HARDSHIP
$50,000
JUNIOR ACHIEVEMENT OF GEORGIA
ATLANDA, GA · 2025
SUPPORT PROGRAMS THAT DRIVE FINANCIAL LITERACY
$25,000

Showing up to 5 of 11,534 total records — full history available with membership.

Officers & Directors

DIRECTOR Alex Malcolm
DIRECTOR (THROUGH 8/25) Ann Yauger
DIRECTOR (THROUGH 2/26) Ashwin Kopparthi
SECRETARY (FROM 10/25) David Gustin
DIRECTOR Debbie Sharp
DIRECTOR Erica Cain

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$28,808,916 7057 grants
Education
$55,000 3 grants
Youth Development
$29,140 2 grants
Sports & Recreation
$6,000 1 grant
Housing & Homelessness
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2026 $5.1M $5.4M $6.3M
2025 $6.0M $7.3M $6.6M
2024 $10.1M $7.9M $8.0M
2023 $7.6M $8.2M $5.8M
2022 $9.8M $7.4M $6.3M

Between 2022 and 2026, reported annual revenue declined from $9.8M to $5.1M (-48%), with total assets most recently reported at $6.3M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AK, AL, AR, AZ, CA, CO, and 4 other states.

AKALARAZCACOCTDCDEFL

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for CARMAX FOUNDATION

Complete financials, all 11,534 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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