CarMax Foundation announces $5 million partnership with KaBOOM! to build playgrounds nationwide

CarMax is the first KaBOOM! corporate sponsor to serve military communities, partnership to kick off today with playground builds in El Cajon, CA and Fort Worth, TX

RICHMOND, VA, 2016-Apr-09 — /EPR Retail News/ — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announces today the launch of a new, $5 million partnership with KaBOOM!. The CarMax Foundation and KaBOOM!, a national nonprofit organization dedicated to giving kids the childhood they deserve by bringing play to those who need it most, have successfully provided 100,000 kids across the nation with access to play. This partnership aims to triple their impact by reaching a total of 300,000 children by the end of 2018. To celebrate the official coast-to-coast launch of the partnership, more than 400 volunteers will simultaneously build two new playgrounds today, April 7, in El Cajon, Calif. and Fort Worth, TX.

CarMax and KaBOOM! will provide grants to fund building or improving 79 play spaces by the end of 2018, bringing play to those most in need. In addition, CarMax is the first KaBOOM! corporate sponsor bringing play spaces to our military and veteran families over the next three years while also providing them with community support and career opportunities.

“CarMax is committed to giving back to and supporting the communities we are a part of – without them, CarMax could not be successful,” said Craig Cronheim, president of The CarMax Foundation.

“Our associates across the country will impact countless families by helping get kids moving and playing.”

This partnership will have three distinct areas of impact. First, 33 nationwide community-built playgrounds will be designed by children and built by volunteers from local partners and thousands of CarMax associates.

Second, a donation of 34 Imagination Playgrounds and 12 Rigamajigs will be made to select partner organizations. Lastly, four of these playgrounds and 12 Rigamajigs will be built in military communities and 18 of the Imagination Playgrounds will be donated to military serving non-profits over the next three years.

The CarMax Foundation focuses nationally on children’s healthy living. This focus is directed by CarMax associates who have expressed a desire to help youth in their communities get moving to live happier, healthier lives.

“The CarMax Foundation is a powerful champion for kids across America, creating wonderful opportunities for kids in need of play. The commitment and enthusiasm of CarMax associates is unsurpassed, and great things happen when they roll up their sleeves as volunteers to build playgrounds in the communities where they live, work, and play,” said James Siegal, CEO of KaBOOM!. “We are thrilled to continue our amazing partnership with CarMax for another three years and grateful that we and CarMax share a passion for ensuring all kids get the childhood they deserve filled with play.”

Join the national discussion about the importance of play in fostering healthy and productive lives on social media using #playmatters, #carmaxbuild , #ElCajon, #FtWorth and follow the work of KaBOOM! (@KaBOOM!) and CarMax (@CarMaxCares).

About The CarMax Foundation

The CarMax Foundation is designed to enrich the communities where our associates live and work and has donated more than $30 million since 2003. Funding programs are made available through a portion of CarMax, Inc.’s pre-tax profits. CarMax, a member of the FORTUNE 500 and the S&P 500, and on the FORTUNE 100 Best Companies to Work For® list for 12 consecutive years, is the nation’s largest retailer of used vehicles. Headquartered in Richmond, Va., CarMax currently operates 158 stores in 78 markets. The consumer offer features low, no haggle prices, a broad selection of CarMax Quality Certified used cars, and superior customer service. During the twelve months ended February 28, 2015, the company retailed 582,282 used vehicles and sold 376,186 wholesale vehicles at our in-store auctions. For more information, access the CarMax website at http://www.carmax.com/. For more information about The CarMax Foundation, visit foundation.carmax.com.

About KaBOOM!

KaBOOM! is the national non-profit dedicated to giving all kids – particularly those growing up in poverty in America – the childhood they deserve filled with balanced and active play, so they can thrive. Since 1996, KaBOOM! has collaborated with partners to build, open or improve nearly 16,300 playgrounds, engaged more than one million volunteers and served 8.1 million kids. KaBOOM! creates great places to play, inspires communities to promote and support play, and works to drive the national discussion about the importance of play in fostering healthy and productive lives. To learn why #playmatters and why cities are embracing #playability: visit kaboom.org or join the conversation at twitter.com/kaboom or facebook.com/kaboom.

CarMax, Inc. opens its first location in the Cleveland area and donates $100,000 to local nonprofits

Announces $100,000 in charitable donations to Cleveland area nonprofits

RICHMOND, Va., 2015-2-19 — /EPR Retail News/ — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today celebrated the opening of its first location in the Cleveland area, which is the company’s fifth store in Ohio. CarMax’s Cleveland store is now open at 4900 Pointe Parkway. The store will stock more than 300 used vehicles of nearly every make and model.

During today’s grand opening celebration, CarMax announced that The CarMax Foundation will invest approximately $85,000 into building a community playground in partnership with KaBOOM!, the national nonprofit dedicated to bringing balanced and active play into the daily lives of all kids. Details of the location and community partner for the playground will be announced in coming months. One of 30 playgrounds The CarMax Foundation and KaBOOM! are building nationwide as part of a larger $4.1 million national partnership, this playground will help give children in and around the Cleveland area the joyful, play-filled childhood they deserve.

“Giving back to the communities in which we live and work is fundamental to who we are as a company,” said Tom Folliard, president and CEO of CarMax. “The charitable donations that we announced today are just the beginning of our investment in the Cleveland area community. We are thrilled to open our new Cleveland store and welcome everyone to come and visit.”

The CarMax Foundation also announced a $10,000 grant to the Boys & Girls Clubs of Cleveland. This grant came at the recommendation of local CarMax associates. The CarMax Foundation has granted more than $20 million on behalf of associates across the country since 2003.

“We are excited to open our doors and show the Cleveland area what we have to offer,” said Matt Sullivan, location general manager of the CarMax Cleveland East store. “I am positive that our customers will be amazed by the large selection of vehicles available at the new CarMax Cleveland store.”

CarMax was founded more than 20 years ago to fundamentally change the way car buying is done. We make the process more ethical, fair and transparent by offering a no-haggle, no-hassle experience and an incredible selection of CarMax Quality Certified vehicles. We spend an average of 12 hours putting each vehicle through a rigorous inspection and reconditioning process to meet our standards. In addition, we stand behind our vehicles with a 5-Day Money-Back Guarantee and a Limited 30-Day Warranty. CarMax customers can shop for nearly every make and model at our stores or online at carmax.com, with prices clearly listed for each of our more than 35,000 vehicles nationwide. CarMax also takes the hassle out of selling your car by offering fast, commitment free appraisals – we’ll buy your car, even if you don’t buy ours. Shopping at CarMax is truly the way car buying should be.

CarMax is sharing photos and videos from today’s event on the company Facebook page and through Twitter.

About CarMax
CarMax, a member of the FORTUNE 500 and the S&P 500, and one of the FORTUNE “100 Best Companies to Work For” for 10 consecutive years, is the nation’s largest retailer of used vehicles. Headquartered in Richmond, Virginia, CarMax currently operates 144 superstores in 73 markets. The CarMax consumer offer features low, no-haggle prices, a broad selection of CarMax Quality Certified used vehicles, and superior customer service. During the 12 months ending February 28, 2014, the company retailed 526,929 used cars and sold 342,576 wholesale vehicles at our in-store auctions. For more information, access the CarMax website at www.carmax.com.

Media Contacts

Casey Werderman, CarMax Public Relations, (804) 747-0422 ext. 4773 Twitter: @CarMax, Facebook: facebook.com/CarMax