Carmax Foundation
RICHMOND, VA EIN: 38-3681796
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
—
Annual Giving
$6.7M
-7.7% YoY
Grant Count
11
+120.0% YoY
Avg Grant Size
$607K
-58.0% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
1,320 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Carmax Foundation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEFF HALL | PRESIDENT | 2 | — |
| MATHEW JEWETT | TREASURER | 2 | — |
| JESSICA KIRKLAND | SECRETARY | 2 | — |
| ALEX MALCOLM | DIRECTOR | 2 | — |
| ANN YAUGER | DIRECTOR | 2 | — |
| ASHWIN KOPPARTHI | DIRECTOR | 2 | — |
| ERIC MARTIN | DIRECTOR | 2 | — |
| NICOLE BROWN | DIRECTOR | 2 | — |
| SARAH BROWN | DIRECTOR | 2 | — |
| THERESIA RADAELLI | DIRECTOR (THROUGH 02/25) | 2 | — |
| THOMAS SQUIRE | DIRECTOR | 2 | — |
| JASON ANCARROW | DIRECTOR (THROUGH 02/25) | 2 | — |
| RICHARD BUSCHER | DIRECTOR (THROUGH 02/25) | 2 | — |
| DONNA COHEN | DIRECTOR (THROUGH 02/25) | 2 | — |
| CHRIS SLOAN | DIRECTOR (THROUGH 02/25) | 2 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Delaware $11.9M (35%)
Virginia $9.1M (27%)
District of Columbia $6.4M (19%)
Georgia $3.1M (9%)
Colorado $561K (2%)
Florida $501K (1%)
California $472K (1%)
Texas $301K (1%)
+36 more states
States
AlabamaArizonaCaliforniaColoradoConnecticutDistrict of ColumbiaDelawareFloridaGeorgiaHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiNorth CarolinaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaTennesseeTexasUtahVirginiaWashingtonWisconsinWest Virginia
Cities
ACTONACWORTHAKRONALACHUAALBANYALBUQUERQUEALEXANDRIAALLENTOWNALMAALPHARETTAALTA LOMAAMERICUSANANNDALEANDOVERANNANDALEANNAPOLISANTIOCHARLINGTONASHLANDATHENS
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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