CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, announced today that The CarMax Foundation has recognized nine CarMax associates for the third annual CarMax Cares Community Service Award.
Associates across the country were nominated for the CarMax Cares Community Service Award for their personal volunteer efforts and leadership in community giving. Winners of the award were honored at the company’s largest recognition event of the year. Each selected a nonprofit organization to receive a $5,000 grant on their behalf from The CarMax Foundation.
The CarMax Cares Community Service Award winners and the nonprofits selected are as follows:
About The CarMax Foundation
The CarMax Foundation is designed to enrich the communities where our associates live and work and has donated more than $13 million since 2003. Funding programs are made available through a percentage of CarMax, Inc.’s net income from prior years. CarMax, a member of the FORTUNE 500 and the S&P 500, and one of the FORTUNE 2012 “100 Best Companies to Work For,” is the nation’s largest retailer of used cars. Headquartered in Richmond, Va., CarMax currently operates 116 used car superstores in 58 markets. The consumer offer is structured by low, no haggle prices, a broad selection of CarMax Quality Certified used cars, and superior customer service. During the twelve months ended February 29, 2012, the company retailed 408,080 used cars and sold 316,649 wholesale vehicles at our in-store auctions. For more information on The CarMax Foundation, visit http://www.carmaxcares.com.