Carmax Foundation: Grants for Diseases

OVERVIEW: While the Carmax Foundation does not have a specific grantmaking program dedicated to diseases, the health and wellness of its local communities are top priorities for this funder. As such, it gives plenty of grants to disease-related organizations.

IP TAKE: As far as corporate funders go, this one is fairly approachable. Grantseekers shouldn’t expect huge money, though—most awards are under $10,000.

PROFILE: The Carmax Foundation, the charitable organization of the eponymous company, is pretty dedicated to promotion of healthy lifestyles. While it does not have a specific grantmaking program for diseases, it gives plenty of support to disease-focused  organizations across the United States.

The Carmax Foundation concentrates grantmaking on the communities in which its employees work and live. It isn’t unusual for its giving to be led by employees on behalf of their home communities. As a result, smaller and grassroots groups receive a good amount of funding attention. Larger national organizations such as the American Cancer Society and American Heart Association have received funding attention as well.

Foundation-wide, Carmax grants vary radically, anywhere from $25 up to $10,000. Most, though, range from $1,000 to $10,000. They prefer awarding a large number of small grants rather than a small number of large grants.

The Carmax Foundation accepts unsolicited “preliminary proposals” from organizations seeking funding. Once received, the staff will review the submission and decide whether or not to request a full proposal from the applying organization. Carmax notes that submission deadlines fall on quarterly board meeting dates. Grantseekers should get in touch with foundation staff for the exact deadline dates.


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