CARMAX FOUNDATION AWARDS $10,000 GRANT TO
GIRL SCOUTS OF CENTRAL MARYLAND
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RICHMOND, Va. (December 15, 2008)-CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has awarded Girl Scouts of Central Maryland a $10,000 grant as part of the Foundation’s Regional Giving Program.
The Girl Scouts of Central Maryland received the grant to support its Project Anti-Violence Education program that was created to prevent youth from becoming either perpetrators or victims of drug-related violence. The participating youth are encouraged by peers and mentors from various youth organizations to make positive decisions including not smoking, exercising, being involved in the community and staying focused on education.
“The CarMax Foundation is happy to help programs that strengthen children’s physical and emotional health,” said Tim Dillistin, Mid-Atlantic Regional Giving Committee chairperson and CarMax purchasing manager in Dulles. “The Project Anti-Violence Education program will offer Maryland children safe and positive alternatives to the temptation of drug use and gang involvement.”
This grant is part of the CarMax Mid-Atlantic region’s total of $100,000 donated to local organizations this year. The CarMax Foundation’s Regional Giving Program reinforces CarMax's commitment to funding programs that improve local communities. The Regional Giving Program provides grants to qualifying nonprofit organizations that have programs focused on education and youth leadership. Each of CarMax’s eight regions will grant up to $100,000, totaling $800,000 in grants nationwide this fiscal year. CarMax associates working within each of the regions select the local organizations to recommend for grants.
The Girl Scouts of Central Maryland received the grant to support its Project Anti-Violence Education program that was created to prevent youth from becoming either perpetrators or victims of drug-related violence. The participating youth are encouraged by peers and mentors from various youth organizations to make positive decisions including not smoking, exercising, being involved in the community and staying focused on education.
“The CarMax Foundation is happy to help programs that strengthen children’s physical and emotional health,” said Tim Dillistin, Mid-Atlantic Regional Giving Committee chairperson and CarMax purchasing manager in Dulles. “The Project Anti-Violence Education program will offer Maryland children safe and positive alternatives to the temptation of drug use and gang involvement.”
This grant is part of the CarMax Mid-Atlantic region’s total of $100,000 donated to local organizations this year. The CarMax Foundation’s Regional Giving Program reinforces CarMax's commitment to funding programs that improve local communities. The Regional Giving Program provides grants to qualifying nonprofit organizations that have programs focused on education and youth leadership. Each of CarMax’s eight regions will grant up to $100,000, totaling $800,000 in grants nationwide this fiscal year. CarMax associates working within each of the regions select the local organizations to recommend for grants.
About the CarMax Foundation
The CarMax Foundation’s Regional Funding Program is designed to enrich the communities where our associates live and work. The Foundation is supported by CarMax and The CarMax Foundation funding programs are made available through a percentage of CarMax, Inc.’s net income from the prior fiscal year. CarMax is a FORTUNE 500 company and one of the FORTUNE 2008 “100 Best Companies to Work For.” Headquartered in Richmond, Va., CarMax is the nation’s largest retailer of used cars and currently operates 99 used car superstores in 46 markets. CarMax provides consumers a transparent buying process based on low, no-haggle prices, a broad selection, high quality vehicles, and customer-friendly service. During the twelve months ended February 29, 2008, the company retailed 377,244 used vehicles and sold 222,406 wholesale vehicles at its in-store auctions. For more information on The CarMax Foundation, visit http://www.carmaxcares.com/.
The CarMax Foundation’s Regional Funding Program is designed to enrich the communities where our associates live and work. The Foundation is supported by CarMax and The CarMax Foundation funding programs are made available through a percentage of CarMax, Inc.’s net income from the prior fiscal year. CarMax is a FORTUNE 500 company and one of the FORTUNE 2008 “100 Best Companies to Work For.” Headquartered in Richmond, Va., CarMax is the nation’s largest retailer of used cars and currently operates 99 used car superstores in 46 markets. CarMax provides consumers a transparent buying process based on low, no-haggle prices, a broad selection, high quality vehicles, and customer-friendly service. During the twelve months ended February 29, 2008, the company retailed 377,244 used vehicles and sold 222,406 wholesale vehicles at its in-store auctions. For more information on The CarMax Foundation, visit http://www.carmaxcares.com/.
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Trina Lee, Public Relations Director, (804) 747-0422 ext. 4197
Michelle Topping, Public Affairs Coordinator, (804) 747-0422, ext. 4139