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

Organization Summary

Grants Given 11,534

Filing History 2022–2026

Grant Total $59.7M

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Financial Snapshot · 2026

Total Revenue $5.1M

Total Expenses $5.4M

Total Assets $6.3M

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

DONATIONS DISBURSED TO QUALIFIED 501C3 NONPROFITS REFLECTING AS PART OF EMPLOYEE CHOICE GIVING PROGRAMS

$12,406,640 3 grants

NATIONAL

$8,482,848 31 grants

REGIONAL

$7,940,000 808 grants

BUILDING PLAYGROUNDS IN UNDERSERVED COMMUNITIES

$3,500,650 3 grants

VOLUNTEER TEAM BUILDER, BOARD SERVICE, MATCHING DOLLARS/HOURS, CARE CARDS, RICHMOND GIVING PROGRAM, CARMAX FOUNDATION GRANT PROGRAM

$2,891,774 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 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports